Northern America: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Northern America

The North American railway goods wagon market reached $X in 2022, growing by X% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Railway Goods Wagon Production in Northern America

In value terms, railway goods wagon production totaled $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Railway Goods Wagon Exports

Exports in Northern America

In 2022, approx. X units of railway or tramway goods vans and wagons (not self-propelled) were exported in Northern America; jumping by X% on 2021. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, railway goods wagon exports expanded markedly to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States dominates exports structure, reaching X units, which was near X% of total exports in 2022. Canada (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) exports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest railway goods wagon supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, falling by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, railway goods wagon export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 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 the United States ($X per unit), while Canada stood at $X per unit.

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

Railway Goods Wagon Imports

Imports in Northern America

In 2022, railway goods wagon imports in Northern America stood at X units, therefore, remained relatively stable against 2021 figures. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, railway goods wagon imports soared to $X in 2022. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Canada (X units) represented the main importer of railway or tramway goods vans and wagons (not self-propelled), comprising X% of total imports. It was distantly followed by the United States (X units), making up a X% share of total imports.

Imports into Canada increased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Canada ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in Northern America, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

In Canada, railway goods wagon imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, growing by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, railway goods wagon import price increased by X% against 2020 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

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

Source: IndexBox Platform

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