Report South-Eastern Asia - Railway or Tramway Track Fixtures and Fittings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

South-Eastern Asia - Railway or Tramway Track Fixtures and Fittings - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in South-Eastern Asia

The Southeast Asian railway track fixture market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption continues to indicate resilient growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Railway Track Fixture Production in South-Eastern Asia

In value terms, railway track fixture production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 58% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Railway Track Fixture Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of railway or tramway track fixtures and fittings decreased by -6.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 223% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, railway track fixture exports dropped to $X in 2021. Over the period under review, exports, however, saw moderate growth. The pace of growth appeared the most rapid in 2018 with an increase of 258%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia was the major exporting country with an export of around X tons, which recorded 51% of total exports. Singapore (X tons) took a 24% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (19%) and Thailand (4.7%).

Exports from Malaysia increased at an average annual rate of +2.4% from 2012 to 2021. At the same time, Vietnam (+55.1%) and Thailand (+9.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +55.1% from 2012-2021. By contrast, Singapore (-1.3%) illustrated a downward trend over the same period. While the share of Vietnam (+18 p.p.) and Thailand (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-6.7 p.p.) and Singapore (-13.9 p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) remains the largest railway track fixture supplier in South-Eastern Asia, comprising 60% of total exports. The second position in the ranking was taken by Singapore ($X), with a 24% share of total exports. It was followed by Vietnam, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Malaysia amounted to +2.6%. In the other countries, the average annual rates were as follows: Singapore (-0.8% per year) and Vietnam (+57.5% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, reducing by -9.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 57% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%), while the other leaders experienced more modest paces of growth.

Railway Track Fixture Imports

Imports in South-Eastern Asia

After two years of decline, overseas purchases of railway or tramway track fixtures and fittings increased by 60% to X tons in 2021. In general, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway track fixture imports soared to $X in 2021. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Singapore (X tons), Malaysia (X tons) and Lao People's Democratic Republic (X tons) represented roughly 69% of total imports in 2021. Indonesia (X tons) took the next position in the ranking, followed by Thailand (X tons) and Vietnam (X tons). All these countries together took approx. 27% share of total imports. Myanmar (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +116.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 69% of total imports. Thailand, Vietnam, Myanmar and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 27%.

Lao People's Democratic Republic, with a CAGR of +61.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, which is down by -23.6% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when the import price increased by 39% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Myanmar ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+14.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Malaysia, Singapore and Indonesia, together accounting for 77% of total consumption. These countries were followed by Vietnam, Thailand, the Philippines and Cambodia, which together accounted for a further 22%.
Thailand remains the largest railway track fixture producing country in South-Eastern Asia, comprising approx. 100% of total volume.
In value terms, Malaysia, Singapore and Thailand were the countries with the highest levels of exports in 2021, together comprising 97% of total exports. Vietnam lagged somewhat behind, accounting for a further 1.9%.
In value terms, Singapore, Malaysia and Indonesia constituted the countries with the highest levels of imports in 2021, with a combined 76% share of total imports. Thailand, Vietnam, the Philippines and Cambodia lagged somewhat behind, together accounting for a further 22%.
The export price in South-Eastern Asia stood at $19,942 per ton in 2021, dropping by -5.8% against the previous year.
In 2021, the import price in South-Eastern Asia amounted to $10,341 per ton, with a decrease of -11.8% against the previous year.

This report provides an in-depth analysis of the railway track fixture market in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 399900Z5 - Railway or tramway track fixtures and fittings (excluding sleepers of wood, concrete or steel, sections of track and other track fixtures not yet assembled and railway or tramway track construction material), mechanical, including electromechanical, signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields, parts of the foregoing
  • Prodcom 25992910 - Railway or tramway track fixtures and fittings and parts thereof
  • Prodcom 30204050 - Mechanical or electromechanical signalling, safety or traffic control equipment for roads, inland waterways, parking facilities, port installations or airfields
  • Prodcom 30204060 - Mechanical signalling, safety or traffic control equipment for railways or tramways, parts of mechanical (including electromechanical), signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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