Which Country Exports the Most Railway Or Tramway Goods Vans and Wagons in the World?

Railway Locomotives And Rolling Stock May 28, 2018
Author: Anna Sergeeva
Market Analyst

Which Country Exports the Most Railway Or Tramway Goods Vans and Wagons in the World?

IndexBox has just published a new report "World: Railway Or Tramway Goods Vans And Wagons (Not Self-Propelled) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global railway van imports amounted to 5.1M tonnes in 2016, standing approx. at the previous year figure. The total import volume increased at an average annual rate of +2.1% over the period from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2010, when import increased by 36% y-o-y. Global railway van import peaked of 5.7M tonnes in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

In value terms, railway van imports stood at $4.4B in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, global railway van imports reached its maximum level of $5.6B. From 2012 to 2016, growth of global railway van imports stood at a somewhat lower level.

Top Railway Van Importing Countries in the World

1. USA (2,628.2 million USD)

2. Canada (507.7 million USD)

3. Mexico (55.0 million USD)

4. Russia (25.5 million USD)

5. Romania (3.5 million USD)

6. China (1.3 million USD)

Railway Van Imports By Country

Mexico (1.7M tonnes), and the U.S. (1.7M tonnes) were the key importers of railway van in 2016, finishing at near 34%, and 34% of total imports, respectively. It was distantly followed by Russia (405K tonnes), and China (282K tonnes), together mixed up 14% share of total railway van imports. Canada (227K tonnes), and Romania (105K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of railway van imports, among the main importing countries, was attained by the U.S. (+40.4% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($2.6B) constitutes the largest market for imported railway van worldwide, making up 59% of global imports. The second position in the ranking was occupied by Canada ($508M), with the share of 11% of global imports. It was followed by Mexico, with the share of 1%.

In the U.S., railway van imports stood at an average annual rate of +13.7% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: Canada (+16.3% per year) and Mexico (+6.9% per year).

Railway Van Import Prices By Country

The average railway van import price stood at $873 per tonne in 2016, declining by -15.0% against the previous year. Overall, it indicated a modest expansion from 2007 to 2016: the import price value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, railway van import price decreased by -21.8% against its level of 2013. The growth pace was the most rapid in 2011, when it surged by 33% against the previous year level. Over the period under review, average railway van import price attained its maximum level of $1,117 per tonne in 2013- however, from 2014 to 2016, it stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was Canada ($2,238 per tonne), while China ($5 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of railway van import prices was attained by China (+5.8% per year), while the other global leaders experienced more modest paces of growth.

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

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

All data provided in this article covers the following product: HS Code 8606 - Railway or tramway goods vans and wagons- not self-propelled.

Source: World: Railway Or Tramway Goods Vans And Wagons (Not Self-Propelled) - Market Report. Analysis and Forecast to 2025