Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in China - 2023

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in China (FOB) - 2022

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $396 per cubic meter in 2022, waning by -7.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 51% against the previous year. The export price peaked at $544 per cubic meter in 2017; however, from 2018 to 2022, 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 South Korea ($1,501 per cubic meter), while the average price for exports to Vietnam ($206 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+166.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in China (CIF) - 2022

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $198 per cubic meter in 2022, remaining constant against the previous year. In general, the import price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $232 per cubic meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Democratic People's Republic of Korea amounted to +2.1% per year.

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in China

In 2022, shipments abroad of railway or tramway sleepers (cross-ties) of wood was finally on the rise to reach 2.4K cubic meters after two years of decline. Overall, exports, however, saw a precipitous curtailment. Over the period under review, the exports of attained the maximum at 7.7K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood surged to $967K in 2022. Over the period under review, exports, however, continue to indicate a sharp slump. The exports peaked at $3.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Railway or Tramway Sleepers (Cross-Ties) of Wood in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	105	86.4	22.0	360	50.8%
South Korea	N/A	N/A	N/A	311	0%
Tanzania	107	N/A	N/A	186	20.2%
Japan	15.7	69.6	21.9	31.6	26.3%
Nigeria	20.7	N/A	4.7	16.0	-8.2%
Indonesia	194	N/A	81.7	8.8	-64.3%
Malaysia	402	N/A	56.6	N/A	-62.5%
Jamaica	207	N/A	N/A	N/A	0%
Ghana	2,166	444	N/A	N/A	-79.5%
Others	247	273	172	54.2	-39.7%
Total	3,465	873	359	967	-34.7%

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from China in 2022:

Vietnam (1751.0 cubic meters)
South Korea (207.0 cubic meters)
Tanzania (192.0 cubic meters)
Japan (96.0 cubic meters)
Nigeria (39.0 cubic meters)
Indonesia (13.0 cubic meters)

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in China

In 2022, after two years of decline, there was decline in purchases abroad of railway or tramway sleepers (cross-ties) of wood, when their volume decreased by 0% to 7 cubic meters. In general, imports faced a precipitous decline. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum at 4.9K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood amounted to $1.4K in 2022. Overall, imports continue to indicate a dramatic setback. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs at $549K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.