Saudi Arabia: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Saudi Arabia

For the fifth consecutive year, the Saudi railway maintenance vehicle market recorded growth in sales value, which increased by 2.5% to $X in 2021. Overall, consumption enjoyed a significant expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Railway Maintenance Vehicle Production in Saudi Arabia

In value terms, railway maintenance vehicle production contracted slightly to $X in 2021 estimated in export price. In general, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 104%. Railway maintenance vehicle production peaked at $X in 2020, and then fell slightly in the following year.

Railway Maintenance Vehicle Exports

Exports from Saudi Arabia

In 2021, overseas shipments of railway or tramway maintenance or service vehicles decreased by -27.8% to X units, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2018 with an increase of 1,000% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, railway maintenance vehicle exports fell dramatically to $X in 2021. Overall, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 1,697% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units) was the main destination for railway maintenance vehicle exports from Saudi Arabia, accounting for a 762% share of total exports. Moreover, railway maintenance vehicle exports to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X units), eightfold. The third position in this ranking was taken by Sudan (X units), with a 77% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt stood at +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Sudan (0.0% per year).

In value terms, Egypt ($X) remains the key foreign market for railway or tramway maintenance or service vehicles exports from Saudi Arabia, comprising 56% of total exports. The second position in the ranking was held by Italy ($X), with a 2.5% share of total exports. It was followed by Sudan, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Egypt totaled +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-1.3% per year) and Sudan (+4.6% per year).

Export Prices by Country

In 2021, the average railway maintenance vehicle export price amounted to $X per unit, growing by 9.8% against the previous year. Overall, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 128%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+4.2%), while the prices for the other major destinations experienced a decline.

Railway Maintenance Vehicle Imports

Imports into Saudi Arabia

In 2021, approx. less than X units of railway or tramway maintenance or service vehicles were imported into Saudi Arabia; approximately mirroring the year before. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, railway maintenance vehicle imports skyrocketed to $X in 2021. Overall, imports showed a dramatic decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Austria (X units), Italy (X units) and China (X units) were the main suppliers of railway maintenance vehicle imports to Saudi Arabia, together comprising 38% of total imports. Spain, Romania, Germany, Poland and the United States lagged somewhat behind, together accounting for a further 63%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of 0.0%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Saudi Arabia, comprising 55% of total imports. The second position in the ranking was taken by Austria ($X), with a 19% share of total imports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-25.4% per year) and Spain (-25.8% per year).

Import Prices by Country

The average railway maintenance vehicle import price stood at less than $X per thousand units in 2021, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per thousand units), while the price for Poland ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :