Which Country Exports the Most Iron Railway Or Tramway Track Construction Material in the World?

Basic Iron And Steel May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global railway construction exports stood at 3.7M tonnes in 2016, declining by -14.2% against the previous year level. Overall, railway construction exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of 13% year-to-year. Global railway construction export peaked of 4.3M tonnes in 2015, falling back in the following year.

In value terms, railway construction exports stood at $3.2B in 2016. In general, railway construction exports continue to indicate a relatively flat trend pattern. Over the period under review, global railway construction exports reached its maximum level of $4.4B in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Railway Construction Exporting Countries in the World

1. Austria (466.7 million USD)

2. Japan (427.4 million USD)

3. China (385.6 million USD)

4. USA (242.2 million USD)

5. Poland (196.6 million USD)

6. Czech Republic (190.4 million USD)

7. Germany (183.7 million USD)

8. Spain (146.3 million USD)

9. Russia (132.0 million USD)

10. United Kingdom (109.9 million USD)

11. Canada (48.5 million USD)

12. Bahrain (12.4 million USD)

Railway Construction Exports By Country

In 2016, Japan (619K tonnes), China (513K tonnes), and Austria (474K tonnes) were the main exporters of railway construction in the world, achieving 44% of total export. It was distantly followed by Poland (281K tonnes), Russia (253K tonnes), Czech Republic (227K tonnes), and the U.S. (193K tonnes), together constituting 26% share of total railway construction exports. The following exporters - Spain (147K tonnes), Bahrain (135K tonnes), Canada (116K tonnes), the UK (107K tonnes), and Germany (79K tonnes) together made up 16% of total exports.

From 2007 to 2016, the most notable growth rate of railway construction exports, among the main exporting countries, was attained by Bahrain (+177.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Austria ($467M), Japan ($427M) and China ($386M) appeared as the countries with the highest levels of exports in 2016, with a combined 40% share of global exports. These countries were followed by the U.S., Poland, Czech Republic, Germany, Spain, Russia, the UK, Canada and Bahrain, which together accounted for a further 40%.

Bahrain (+24.8% per year) experienced the highest growth rate of railway construction exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Railway Construction Export Prices By Country

The average railway construction export price stood at $869 per tonne in 2016, declining by -4.0% against the previous year. Overall, railway construction export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2008, when it surged by 18% year-to-year. In that year, average railway construction export price reached its maximum level of $1,158 per tonne. From 2009 to 2016, growth of average railway construction export price stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($2,330 per tonne), while Bahrain ($92 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of railway construction export prices was attained by Germany (+4.1% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global railway construction market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • railway construction market share
  • railway construction prices
  • railway construction industry
  • railway construction sales
  • railway construction import
  • railway construction export
  • railway construction market forecast
  • railway construction price forecast
  • key railway construction producers

All data provided in this article covers the following product: HS Code 7302 - Railway or tramway track constructions of iron or steel; rails, check and track rails, switch blades, crossing frogs, point rods, sleepers, fish-plates, chair wedges, sole plates, bedplates, ties and the like.

Source: World: Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Report. Analysis and Forecast to 2025