Spain - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Railway Material Price in Spain - 2023
Contents:
- Steel Railway Material Price in Spain (FOB) - 2023
- Steel Railway Material Price in Spain (CIF) - 2022
- Steel Railway Material Exports in Spain
- Steel Railway Material Imports in Spain
Steel Railway Material Price in Spain (FOB) - 2023
The average steel railway material export price stood at $1,883 per ton in June 2023, falling by -8.5% against the previous month. In general, export price indicated strong growth from June 2022 to June 2023: its price increased at an average monthly rate of +6.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, steel railway material export price increased by +32.6% against December 2022 indices. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 64% against the previous month. The export price peaked at $2,059 per ton in May 2023, and then reduced in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was India ($25,166 per ton), while the average price for exports to Poland ($1,310 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Railway Material Price in Spain (CIF) - 2022
The average steel railway material import price stood at $1,450 per ton in 2022, rising by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 20%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,755 per ton), while the price for France ($634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Railway Material Exports in Spain
In 2022, steel railway material exports from Spain shrank slightly to 208K tons, remaining stable against the previous year. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of 209K tons, leveling off in the following year.
In value terms, steel railway material exports surged to $298M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Steel Railway Material in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 18.2 | 6.0 | 13.5 | 41.6 | 31.7% |
Belgium | 8.0 | 7.0 | 5.8 | 28.6 | 52.9% |
Italy | 19.5 | 28.4 | 23.5 | 28.3 | 13.2% |
France | 20.4 | 22.9 | 18.0 | 20.8 | 0.6% |
Finland | 3.8 | 8.7 | 19.5 | 20.0 | 73.9% |
Ireland | 9.4 | 5.0 | 10.5 | 12.8 | 10.8% |
Estonia | 2.6 | 0.8 | 0.9 | 11.7 | 65.1% |
India | 12.0 | 3.1 | 30.8 | 11.5 | -1.4% |
Germany | 6.8 | 6.4 | 8.2 | 10.9 | 17.0% |
Turkey | 0.3 | 0.7 | 5.7 | 10.2 | 224.0% |
Brazil | 2.1 | 7.1 | 7.6 | 10.1 | 68.8% |
Mexico | 2.7 | 9.1 | 3.3 | 8.4 | 46.0% |
Argentina | 1.1 | 0.3 | 2.9 | 7.6 | 90.5% |
Others | 88.4 | 99.4 | 88.4 | 75.7 | -5.0% |
Total | 195 | 205 | 239 | 298 | 15.2% |
Top Export Markets for Steel Railway Material from Spain in 2022:
- Portugal (33.5K tons)
- Italy (23.5K tons)
- Finland (20.3K tons)
- India (12.5K tons)
- Estonia (11.1K tons)
- Ireland (10.9K tons)
- France (10.2K tons)
- Mexico (9.1K tons)
- Belgium (8.4K tons)
- Brazil (8.1K tons)
- Germany (8.1K tons)
- Argentina (6.4K tons)
- Turkey (5.8K tons)
Steel Railway Material Imports in Spain
In 2022, purchases abroad of railway material of steel decreased by -1.5% to 27K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 6.5%. As a result, imports attained the peak of 34K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, steel railway material imports soared to $39M in 2022. Over the period under review, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $48M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Steel Railway Material in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 6.7 | 7.0 | 6.1 | 5.8 | -4.7% |
China | 3.8 | 1.4 | 2.3 | 4.2 | 3.4% |
Luxembourg | 1.4 | 1.3 | 3.7 | 3.7 | 38.3% |
Germany | 8.5 | 11.3 | 3.1 | 3.2 | -27.8% |
Austria | 1.2 | 1.4 | 1.7 | 3.1 | 37.2% |
Estonia | N/A | N/A | N/A | 2.6 | 0% |
Turkey | 0.4 | N/A | 0.7 | 2.2 | 76.5% |
Italy | 1.9 | 2.6 | 1.6 | 2.2 | 5.0% |
Portugal | 1.1 | 0.3 | 1.3 | 2.2 | 26.0% |
Czech Republic | 2.8 | 10.8 | 3.5 | 1.6 | -17.0% |
United Kingdom | 2.2 | 2.1 | 1.2 | 1.5 | -12.0% |
Belgium | 3.1 | 1.4 | 1.3 | 1.3 | -25.1% |
Poland | 1.9 | 7.0 | 4.1 | 1.2 | -14.2% |
Others | 2.5 | 1.2 | 2.4 | 3.9 | 16.0% |
Total | 37.5 | 47.9 | 32.9 | 38.6 | 1.0% |
Top Suppliers of Steel Railway Material to Spain in 2022:
- France (9.1K tons)
- Estonia (2.5K tons)
- Luxembourg (2.0K tons)
- Turkey (1.8K tons)
- Belgium (1.8K tons)
- China (1.8K tons)
- Portugal (1.6K tons)
- Austria (1.5K tons)
- Italy (1.4K tons)
- Czech Republic (0.8K tons)
- Poland (0.7K tons)
- Germany (0.5K tons)
- United Kingdom (0.3K tons)
This report provides an in-depth analysis of the steel railway material market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24107500 - Railway material (of steel)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the steel railway material market in Spain.
This report provides an in-depth analysis of the global steel railway material market.
This report provides an in-depth analysis of the steel railway material market in Spain.
This report provides an in-depth analysis of the global steel railway material market.
Discover the top import markets for steel railway material in the world and learn about the key players driving the growth of the global steel railway material market.
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
Discover the top import markets for steel railway material in the world and learn about the key players driving the growth of the global steel railway material market.
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%