Netherlands: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in the Netherlands

The Dutch railway track fixture market skyrocketed to $X in 2021, with an increase of 70% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted tangible growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Railway Track Fixture Exports

Exports from the Netherlands

In 2021, overseas shipments of railway or tramway track fixtures and fittings decreased by -34.8% to X tons, falling for the third consecutive year after four years of growth. In general, exports showed a perceptible descent. The growth pace was the most rapid in 2015 when exports increased by 813% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, railway track fixture exports fell slightly to $X in 2021. Over the period under review, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by 1,383%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons), Indonesia (X tons) and Belgium (X tons) were the main destinations of railway track fixture exports from the Netherlands, together accounting for 69% of total exports. Spain, Germany, Switzerland, Australia, France, Sweden, Portugal, the UK and Poland lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway track fixture exported from the Netherlands were Indonesia ($X), Belgium ($X) and Norway ($X), with a combined 68% share of total exports. Switzerland, Germany, Spain, Australia, France, Sweden, the UK, Portugal and Poland lagged somewhat behind, together accounting for a further 27%.

Switzerland, with a CAGR of +44.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average railway track fixture export price amounted to $X per ton, growing by 52% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 182% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Track Fixture Imports

Imports into the Netherlands

In 2021, supplies from abroad of railway or tramway track fixtures and fittings increased by 8.2% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 468% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, railway track fixture imports rose sharply to $X in 2021. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 138%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest railway track fixture supplier to the Netherlands, with a 52% share of total imports. Moreover, railway track fixture imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +31.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+247.8% per year) and the UK (+43.8% per year).

In value terms, Germany ($X) constituted the largest supplier of railway or tramway track fixtures and fittings to the Netherlands, comprising 53% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by Belgium, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+146.6% per year) and Belgium (+12.0% per year).

Import Prices by Country

In 2021, the average railway track fixture import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 28%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (-7.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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