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United Kingdom - 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 the UK - 2023
Contents:
- Steel Railway Material Price in the UK (FOB) - 2022
- Steel Railway Material Price in the UK (CIF) - 2022
- Steel Railway Material Exports in the UK
- Steel Railway Material Imports in the UK
Steel Railway Material Price in the UK (FOB) - 2022
In 2022, the average steel railway material export price amounted to $2,503 per ton, waning by -5.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 40%. Over the period under review, the average export prices hit record highs at $2,684 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($4,204 per ton), while the average price for exports to Belgium ($916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Railway Material Price in the UK (CIF) - 2022
The average steel railway material import price stood at $2,191 per ton in 2022, approximately equating the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel railway material import price increased by +71.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 73%. As a result, import price reached the peak level of $2,210 per ton, leveling off in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($5,001 per ton), while the price for Austria ($1,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Railway Material Exports in the UK
In 2022, overseas shipments of railway material of steel increased by 37% to 36K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt decrease.
In value terms, steel railway material exports surged to $91M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Steel Railway Material in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Liberia | N/A | N/A | N/A | 12.3 | 0% |
Senegal | N/A | N/A | N/A | 6.8 | 0% |
Estonia | 0.8 | 0.2 | 6.4 | 6.6 | 102.1% |
Sweden | 6.0 | 6.7 | 5.6 | 6.6 | 3.2% |
Germany | 8.5 | 3.5 | 7.4 | 6.6 | -8.1% |
Norway | 6.0 | 5.1 | 5.1 | 6.4 | 2.2% |
Mongolia | 0.8 | 4.5 | 1.2 | 4.8 | 81.7% |
Ireland | 3.3 | 4.8 | 3.9 | 3.5 | 2.0% |
France | 0.9 | 0.8 | 2.4 | 3.4 | 55.7% |
Spain | 1.1 | 0.6 | 1.4 | 3.3 | 44.2% |
Denmark | 2.0 | 2.8 | 2.5 | 2.2 | 3.2% |
Brazil | 0.5 | 0.8 | 0.4 | 1.5 | 44.2% |
Belgium | 2.4 | 2.8 | 0.8 | 0.7 | -33.7% |
Others | 42.6 | 36.6 | 32.8 | 26.0 | -15.2% |
Total | 75.0 | 69.1 | 69.9 | 91.0 | 6.7% |
Top Export Markets for Steel Railway Material from the UK in 2022:
- Liberia (7.2K tons)
- Senegal (4.8K tons)
- Germany (3.6K tons)
- Sweden (2.0K tons)
- Estonia (1.9K tons)
- Norway (1.9K tons)
- France (1.4K tons)
- Ireland (1.2K tons)
- Mongolia (1.1K tons)
- Brazil (1.0K tons)
- Denmark (1.0K tons)
- Belgium (0.8K tons)
- Spain (0.8K tons)
Steel Railway Material Imports in the UK
In 2022, imports of railway material of steel into the UK expanded sharply to 33K tons, increasing by 10% against 2021. Overall, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 19%. As a result, imports reached the peak of 72K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, steel railway material imports expanded markedly to $72M in 2022. In general, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $92M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Steel Railway Material in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.4 | 7.4 | 6.4 | 15.0 | 50.5% |
Austria | 26.7 | 31.6 | 8.6 | 12.2 | -23.0% |
Australia | 7.7 | 5.6 | 11.3 | 10.1 | 9.5% |
China | 6.4 | 5.7 | 6.7 | 8.9 | 11.6% |
France | 2.7 | 6.4 | 16.2 | 8.5 | 46.6% |
Spain | 20.6 | 23.9 | 9.9 | 6.1 | -33.3% |
India | 0.1 | 0.4 | 0.6 | 2.3 | 184.4% |
Luxembourg | 3.2 | 4.4 | 2.7 | 1.1 | -29.9% |
Others | 5.7 | 7.0 | 3.4 | 7.8 | 11.0% |
Total | 77.5 | 92.4 | 65.9 | 72.0 | -2.4% |
Top Suppliers of Steel Railway Material to the UK in 2022:
- Austria (8.5K tons)
- Australia (6.2K tons)
- Germany (6.2K tons)
- China (3.9K tons)
- Spain (2.0K tons)
- France (1.7K tons)
- India (1.0K tons)
- Luxembourg (0.8K tons)
This report provides an in-depth analysis of the steel railway material market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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 the UK.
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 the UK.
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%