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Report World - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Global Steel Railway Material Market 2024

Steel Railway Material Market Size

After two years of decline, the global steel railway material market increased by X% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Steel Railway Material Production

In value terms, steel railway material production totaled $X in 2022 estimated in export price. Overall, production continues to indicate modest growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, global production attained the maximum level in 2022 and is likely to see steady growth in years to come.

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Steel Railway Material Exports

Exports

Global steel railway material exports fell slightly to X tons in 2022, dropping by X% against 2021 figures. Over the period under review, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, steel railway material exports rose notably to $X in 2022. In general, exports continue to indicate a mild setback. The growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons) and China (X tons) represented the major exporters of railway or tramway track construction material of iron or steel in 2022, reaching near X% and X% of total exports, respectively. Japan (X tons) ranks next in terms of the total exports with a X% share, followed by the Czech Republic (X%), Spain (X%), the United States (X%), Poland (X%) and France (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest steel railway material supplying countries worldwide were Austria ($X), China ($X) and the United States ($X), with a combined X% share of global exports. Japan, Spain, Poland, the Czech Republic and France lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average steel railway material export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Steel Railway Material Imports

Imports

For the fourth year in a row, the global market recorded decline in overseas purchases of railway or tramway track construction material of iron or steel, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, steel railway material imports expanded markedly to $X in 2022. In general, imports continue to indicate a slight setback. Over the period under review, global imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons), followed by Canada (X tons) and the United States (X tons) were the largest importers of railway or tramway track construction material of iron or steel, together comprising X% of total imports. The following importers - Italy (X tons), France (X tons), Brazil (X tons), Mexico (X tons), Switzerland (X tons), Belgium (X tons), Sweden (X tons), Taiwan (Chinese) (X tons), Poland (X tons) and Australia (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest steel railway material importing markets worldwide were Germany ($X), Canada ($X) and the United States ($X), together accounting for X% of global imports. Italy, Brazil, Switzerland, Mexico, Sweden, Belgium, France, Poland, Australia and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average steel railway material import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of steel railway material consumption was China, comprising approx. 40% of total volume. Moreover, steel railway material consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. The third position in this ranking was taken by Russia, with a 7.9% share.
The country with the largest volume of steel railway material production was China, accounting for 43% of total volume. Moreover, steel railway material production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was held by Russia, with an 8.3% share.
In value terms, Austria, China and the United States were the countries with the highest levels of exports in 2022, with a combined 39% share of global exports. Japan, Spain, Poland, the Czech Republic and France lagged somewhat behind, together comprising a further 32%.
In value terms, Germany, Canada and the United States constituted the countries with the highest levels of imports in 2022, with a combined 24% share of global imports. Italy, Brazil, Switzerland, Mexico, Sweden, Belgium, France, Poland, Australia and Taiwan Chinese) lagged somewhat behind, together accounting for a further 29%.
In 2022, the average steel railway material export price amounted to $1,363 per ton, with an increase of 14% against the previous year.
In 2022, the average steel railway material import price amounted to $1,356 per ton, with an increase of 12% against the previous year.

This report provides an in-depth analysis of the global steel railway material market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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