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

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

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Southern Asia: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Southern Asia

The South Asian railway track fixture market declined sharply to $X in 2021, with a decrease of -85.2% against the previous year. Overall, consumption recorded a precipitous setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Railway Track Fixture Production in Southern Asia

In value terms, railway track fixture production shrank dramatically to $X in 2021 estimated in export price. In general, production showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 49% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Railway Track Fixture Exports

Exports in Southern Asia

In 2021, the amount of railway or tramway track fixtures and fittings exported in Southern Asia skyrocketed to X tons, increasing by 111% against 2020. In general, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, railway track fixture exports skyrocketed to $X in 2021. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 79% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

India (X tons) represented roughly 98% of total exports in 2021.

India was also the fastest-growing in terms of the railway or tramway track fixtures and fittings exports, with a CAGR of +19.9% from 2012 to 2021. India (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest railway track fixture supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +14.0%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, reducing by -18% against the previous year. Overall, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2020 an increase of 47%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -4.9% per year.

Railway Track Fixture Imports

Imports in Southern Asia

In 2021, supplies from abroad of railway or tramway track fixtures and fittings increased by 2.6% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 182% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, railway track fixture imports contracted dramatically to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 103%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India represented the main importing country with an import of around X tons, which finished at 86% of total imports. It was distantly followed by Bangladesh (X tons), constituting an 11% share of total imports. Sri Lanka (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the railway or tramway track fixtures and fittings imports, with a CAGR of +14.3% from 2012 to 2021. Sri Lanka (-5.6%) and Bangladesh (-9.4%) illustrated a downward trend over the same period. While the share of India (+44 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Sri Lanka (-3.9 p.p.) and Bangladesh (-31.3 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported railway or tramway track fixtures and fittings in Southern Asia, comprising 86% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 10% share of total imports.

In India, railway track fixture imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (-7.6% per year) and Sri Lanka (-13.2% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, with a decrease of -31.6% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by 38%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India constituted the country with the largest volume of railway track fixture consumption, accounting for 75% of total volume. Moreover, railway track fixture consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, threefold.
The country with the largest volume of railway track fixture production was India, accounting for 81% of total volume. Moreover, railway track fixture production in India exceeded the figures recorded by the second-largest producer, Pakistan, fourfold.
In value terms, India remains the largest railway track fixture supplier in Southern Asia, comprising 79% of total exports. The second position in the ranking was occupied by Bangladesh, with a 9.5% share of total exports. It was followed by Pakistan, with an 8.9% share.
In value terms, India constitutes the largest market for imported railway or tramway track fixtures and fittings in Southern Asia, comprising 74% of total imports. The second position in the ranking was occupied by Bangladesh, with a 12% share of total imports. It was followed by Pakistan, with a 10% share.
The export price in Southern Asia stood at $8,231 per ton in 2021, approximately equating the previous year.
In 2021, the import price in Southern Asia amounted to $7,047 per ton, reducing by -29.5% against the previous year.

This report provides an in-depth analysis of the railway track fixture market in Southern 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 Southern Asia, split by region and country
  • Trade (exports and imports) in Southern 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
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  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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