MERCOSUR: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in MERCOSUR

The MERCOSUR railway goods wagon market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw significant growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Railway Goods Wagon Production in MERCOSUR

In value terms, railway goods wagon production rose slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Railway Goods Wagon Exports

Exports in MERCOSUR

In 2022, overseas shipments of railway or tramway goods vans and wagons (not self-propelled) increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports continue to indicate moderate growth. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, railway goods wagon exports surged to $X in 2022. Overall, exports, however, showed a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the major exporter of railway or tramway goods vans and wagons (not self-propelled) in MERCOSUR, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Peru (X units), making up a X% share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of railway or tramway goods vans and wagons (not self-propelled). At the same time, Peru (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Peru ($X) remains the largest railway goods wagon supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with an X% share of total exports.

In Peru, railway goods wagon exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Brazil totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%).

Railway Goods Wagon Imports

Imports in MERCOSUR

In 2022, purchases abroad of railway or tramway goods vans and wagons (not self-propelled) increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, railway goods wagon imports soared to $X in 2022. Overall, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile was the key importer of railway or tramway goods vans and wagons (not self-propelled) in MERCOSUR, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Colombia (X units) ranks second in terms of the total imports with a X% share, followed by Venezuela (X%). Argentina (X units) held a relatively small share of total imports.

Chile was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) imports, with a CAGR of X% from 2012 to 2022. Venezuela experienced a relatively flat trend pattern. Argentina (X%) and Colombia (X%) illustrated a downward trend over the same period. Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Argentina and Colombia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Chile, railway goods wagon imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Venezuela (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Venezuela ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform