United Kingdom: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in the UK

For the fourth year in a row, the UK railway maintenance vehicle market recorded decline in sales value, which decreased by -14.1% to $X in 2021. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Railway Maintenance Vehicle Production in the UK

In value terms, railway maintenance vehicle production expanded notably to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Railway Maintenance Vehicle Exports

Exports from the UK

In 2021, overseas shipments of railway or tramway maintenance or service vehicles were finally on the rise to reach X units after two years of decline. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway maintenance vehicle exports soared to $X in 2021. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X units), Austria (X units) and Italy (X units) were the main destinations of railway maintenance vehicle exports from the UK, with a combined 60% share 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 Poland (with a CAGR of +1,928,900.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway maintenance vehicle exported from the UK were Poland ($X), Austria ($X) and Italy ($X), with a combined 57% share of total exports.

Poland, with a CAGR of +44,313.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average railway maintenance vehicle export price stood at $X per unit in 2021, falling by -97.2% against the previous year. Overall, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 23,280% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood 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 Poland ($X per unit), while the average price for exports to Sweden ($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 Brazil (+106.6%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into the UK

Railway maintenance vehicle imports into the UK reduced notably to X units in 2021, shrinking by -65% against the previous year's figure. Over the period under review, imports, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2015 when imports increased by 947% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, railway maintenance vehicle imports soared to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 332%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Austria (X units) was the main supplier of railway maintenance vehicle to the UK, accounting for a 92% share of total imports. Moreover, railway maintenance vehicle imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+34.1% per year) and the United States (-40.3% per year).

In value terms, Austria ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to the UK, comprising 92% of total imports. The second position in the ranking was held by Germany ($X), with a 6.9% share of total imports. It was followed by the United States, with less than 0.1% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to +230.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.9% per year) and the United States (-44.5% per year).

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, rising by 397% against the previous year. In general, the import price showed a significant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,925% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a 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 Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+29.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :