Saudi Arabia: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Saudi Arabia

The Saudi railway track fixture market contracted sharply to $X in 2021, waning by -22% 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). Overall, consumption, however, posted buoyant growth. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Railway Track Fixture Exports

Exports from Saudi Arabia

In 2021, approx. X tons of railway or tramway track fixtures and fittings were exported from Saudi Arabia; increasing by 15% compared with the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 8,257%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, railway track fixture exports stood at $X in 2021. Over the period under review, exports posted a modest increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,664%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

France (X tons) was the main destination for railway track fixture exports from Saudi Arabia, with a 73% share of total exports. Moreover, railway track fixture exports to France exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+31.7% per year) and Italy (+4.9% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for railway or tramway track fixtures and fittings exports from Saudi Arabia, comprising 80% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.6% share of total exports. It was followed by Bahrain, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-10.5% per year) and Bahrain (-12.6% per year).

Export Prices by Country

The average railway track fixture export price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price showed a dramatic contraction. The pace of growth appeared the most rapid in 2013 an increase of 1.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($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 Bahrain (-1.5%), while the prices for the other major destinations experienced a decline.

Railway Track Fixture Imports

Imports into Saudi Arabia

In 2021, approx. X tons of railway or tramway track fixtures and fittings were imported into Saudi Arabia; with a decrease of -11.6% on 2020. In general, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 128% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, railway track fixture imports reduced markedly to $X in 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by 182%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Romania (X tons) constituted the largest supplier of railway track fixture to Saudi Arabia, with a 27% share of total imports. Moreover, railway track fixture imports from Romania exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Romania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+28.1% per year) and Germany (+18.0% per year).

In value terms, Germany ($X), Italy ($X) and China ($X) appeared to be the largest railway track fixture suppliers to Saudi Arabia, with a combined 49% share of total imports.

China, with a CAGR of +36.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway track fixture import price stood at $X per ton in 2021, with a decrease of -14.2% against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2018 an increase of 30%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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