Turkey: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Turkey

In 2021, after two years of decline, there was growth in the Turkish railway maintenance vehicle market, when its value increased by 2.4% to $X. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Railway maintenance vehicle consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Railway Maintenance Vehicle Production in Turkey

In value terms, railway maintenance vehicle production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 31%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Railway Maintenance Vehicle Exports

Exports from Turkey

In 2021, after two years of decline, there was significant growth in shipments abroad of railway or tramway maintenance or service vehicles, when their volume increased by 550% to X units. Over the period under review, exports, however, recorded a abrupt descent. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, railway maintenance vehicle exports declined sharply to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2013 when exports increased by 23,724%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Switzerland (X units) was the main destination for railway maintenance vehicle exports from Turkey, with a 46% share of total exports. Moreover, railway maintenance vehicle exports to Switzerland exceeded the volume sent to the second major destination, Slovenia (X units), threefold. The third position in this ranking was held by Serbia (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (0.0% per year) and Serbia (0.0% per year).

In value terms, Spain ($X) remains the key foreign market for railway or tramway maintenance or service vehicles exports from Turkey, comprising 63% of total exports. The second position in the ranking was held by Switzerland ($X), with an 18% share of total exports. It was followed by Slovenia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (0.0% per year) and Slovenia (0.0% per year).

Export Prices by Country

The average railway maintenance vehicle export price stood at $X per unit in 2021, waning by -95.6% against the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2013 an increase of 22,094%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then reduced remarkably in the following year.

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 Spain ($X per unit), while the average price for exports to the UK ($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 Turkmenistan (+3,227.8%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into Turkey

In 2021, supplies from abroad of railway or tramway maintenance or service vehicles decreased by -50% to X units, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp contraction. The growth pace was the most rapid in 2019 with an increase of 517% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, railway maintenance vehicle imports dropped slightly to $X in 2021. In general, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 245% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) was the main railway maintenance vehicle supplier to Turkey, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -19.4%.

In value terms, the United States ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Turkey.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -16.7%.

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, surging by 90% against the previous year. Overall, the import price saw temperate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 116% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.5% per year.

Source: IndexBox Platform

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