Netherlands: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2024

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in the Netherlands

The Dutch market for railway or tramway track construction material of iron or steel contracted to $X in 2021, which is down by -12.6% against the previous year. Over the period under review, consumption saw a pronounced decline. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in the Netherlands

In value terms, production of railway or tramway track construction material of iron or steel reduced to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 20%. Production of peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from the Netherlands

Exports of railway or tramway track construction material of iron or steel from the Netherlands skyrocketed to X tons in 2021, rising by 54% on the previous year. Over the period under review, exports recorded strong growth. The pace of growth was the most pronounced in 2014 when exports increased by 171%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of railway or tramway track construction material of iron or steel surged to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 114% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X tons) and the UK (X tons) were the main destinations of exports of railway or tramway track construction material of iron or steel from the Netherlands, together comprising 75% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +101.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the UK ($X) constituted the largest markets for iron and steel railway construction materials exported from the Netherlands worldwide, together accounting for 69% of total exports. These countries were followed by France, Ukraine, China and Spain, which together accounted for a further 14%.

Ukraine, with a CAGR of +115.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for railway or tramway track construction material of iron or steel amounted to $X per ton, shrinking by -12.6% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($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 Ukraine (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into the Netherlands

In 2021, approx. X tons of railway or tramway track construction material of iron or steel were imported into the Netherlands; which is down by -14.1% on the previous year's figure. Overall, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.4% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 47%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, imports of railway or tramway track construction material of iron or steel fell notably to $X in 2021. Over the period under review, imports recorded a slight descent. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of railway or tramway track construction material of iron or steel to the Netherlands, together comprising 80% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +30.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron and steel railway construction materials suppliers to the Netherlands were Austria ($X), Germany ($X) and France ($X), together comprising 74% of total imports.

Austria, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for railway or tramway track construction material of iron or steel amounted to $X per ton, declining by -7.1% against the previous year. Overall, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 8.9%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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