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

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

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $806 per cubic meter in November 2023, with an increase of 2.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 31% month-to-month. Over the period under review, average import prices attained the peak figure at $872 per cubic meter in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Malaysia ($831 per cubic meter), while the price for Croatia stood at $582 per cubic meter.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for railway or tramway sleepers (cross-ties) of wood amounted to $912 per cubic meter, shrinking by -73% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2018 an increase of 1,707%. The export price peaked at $3,377 per cubic meter in 2021, and then reduced sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +2.6% per year.

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

In 2022, the amount of railway or tramway sleepers (cross-ties) of wood imported into Japan reached 7.8K cubic meters, with an increase of 9% against the previous year's figure. Over the period under review, imports, however, showed a pronounced slump. Over the period under review, imports of attained the peak figure at 8.7K 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 rose significantly to $5.7M in 2022. Overall, imports, however, recorded a abrupt decline. Imports peaked at $8.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	7.5	4.7	4.7	4.7	-14.4%
Croatia	N/A	0.2	0.2	0.4	41.4%
Canada	0.5	0.4	0.2	0.3	-15.7%
Australia	0.2	0.1	0.1	0.1	-20.6%
Slovenia	N/A	N/A	0.1	0.1	0.0%
China	0.1	0.1	N/A	N/A	0.0%
Others	N/A	N/A	N/A	N/A	0%
Total	8.4	5.6	5.4	5.7	-12.1%

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Japan in 2022:

Malaysia (6.0K cubic meters)
Croatia (0.8K cubic meters)
Canada (0.4K cubic meters)
Slovenia (0.3K cubic meters)
Australia (0.1K cubic meters)
China (0.1K cubic meters)

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

In 2022, after two years of growth, there was significant decline in shipments abroad of railway or tramway sleepers (cross-ties) of wood, when their volume decreased by -99% to 1 cubic meters. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 593%. As a result, the exports attained the peak of 97 cubic meters, and then fell remarkably in the following year.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood dropped significantly to $912 in 2022. In general, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3,415% against the previous year. As a result, the exports reached the peak of $328K, and then declined dramatically in the following year.