Which Country Exports the Most Railway Or Tramway Passenger Coaches in the World?
Railway Locomotives And Rolling Stock May 28, 2018
Global railway passenger coach exports totaled 67K tonnes in 2016, ascending by 11% against the previous year level. Overall, it indicated a moderate increase from 2007 to 2016: the total exports volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, railway passenger coach exports increased by +83.6% against its level of 2011. The most prominent rate of growth was recorded in 2013, when it surged by 30% from the previous year level. Over the period under review, global railway passenger coach exports reached its maximum volume in 2016, and are expected to retain its growth in the near future.
In value terms, railway passenger coach exports amounted to $1.4B in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, global railway passenger coach exports reached its maximum level, and are likely to continue its growth in the immediate term.
Top Railway Passenger Coach Exporting Countries in the World
1. Germany (444.8 million USD)
2. China (192.0 million USD)
3. Spain (150.4 million USD)
4. Japan (150.3 million USD)
5. South Korea (44.1 million USD)
6. Indonesia (30.3 million USD)
7. Belarus (28.0 million USD)
8. Netherlands (26.5 million USD)
9. Norway (19.8 million USD)
10. Austria (14.4 million USD)
11. Switzerland (7.8 million USD)
12. USA (0.9 million USD)
Railway Passenger Coach Exports By Country
In 2016, China (15K tonnes), distantly followed by the U.S. (8.4K tonnes), Germany (8.3K tonnes), Japan (5K tonnes), Indonesia (4.8K tonnes), Spain (3.6K tonnes), and Austria (3.1K tonnes) were the key exporters of railway passenger coach, together creating 73% of total exports. Norway (2.5K tonnes), South Korea (2.5K tonnes), the Netherlands (2.2K tonnes), Belarus (1.3K tonnes), and Switzerland (1.2K tonnes) followed a long way behind this figure.
From 2007 to 2016, the most notable growth rate of railway passenger coach exports, among the main exporting countries, was attained by the Netherlands (+109.4% per year), while the other global leaders experienced mixed trends in the exports figures.
In value terms, Germany ($445M) emerged as the largest railway passenger coach supplier in the world, making up 33% of global exports. The second position in the ranking was occupied by China ($192M), with the share of 14% of global exports. It was followed by Spain, with the share of 11%.
From 2007 to 2016, the average annual rate of growth in terms of value of railway passenger coach exports in Germany stood at +4.5%. In the other countries, the average annual rates were as follows: China (+4.7% per year) and Spain (-3.9% per year).
Railway Passenger Coach Export Prices By Country
In 2016, the average export price for railway passenger coach amounted to $20 per kg, surging by 50% against the previous year. Overall, railway passenger coach export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when export increased by 50% against the previous year level. Global railway passenger coach export peaked of $26 per kg in 2012; however, from 2013 to 2016, it 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 ($54 per kg), while the U.S. ($104 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of railway passenger coach export prices was attained by Belarus (+84.4% per year), while the other global leaders experienced mixed trends in the export price figures.
Do you want to know more about global railway passenger coach market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- railway passenger coach market share
- railway passenger coach prices
- railway passenger coach industry
- railway passenger coach sales
- railway passenger coach import
- railway passenger coach export
- railway passenger coach market forecast
- railway passenger coach price forecast
- key railway passenger coach producers
All data provided in this article covers the following product: HS Code 8605 - Railway or tramway coaches; passenger coaches, luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading no. 8604).
