Which Country Exports the Most Railway Or Tramway Passenger Coaches in the World?
Railway Locomotives And Rolling Stock May 28, 2018
IndexBox has just published a new report "World: Railway Or Tramway Passenger Coaches (Not Self-Propelled) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the amount of railway passenger coach imported worldwide totaled 129K tonnes, rising by 8% against the previous year figure. Overall, railway passenger coach imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when import increased by 11% from the previous year level. Over the period under review, global railway passenger coach imports reached its maximum volume of 132K tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.
In value terms, railway passenger coach imports amounted to $1.1B in 2016. Overall, railway passenger coach imports continue to indicate a relatively flat trend pattern. Global railway passenger coach import peaked of $1.1B in 2007- afterwards, it flattened through to 2016.
Top Railway Passenger Coach Importing Countries in the World
1. Italy (95.1 million USD)
2. USA (16.0 million USD)
3. Hungary (13.5 million USD)
4. Austria (7.7 million USD)
5. Spain (5.8 million USD)
6. France (4.4 million USD)
7. Germany (4.0 million USD)
8. Japan (3.2 million USD)
9. Kazakhstan (2.6 million USD)
10. Canada (0.7 million USD)
11. Indonesia (0.2 million USD)
12. China (0.0 million USD)
Railway Passenger Coach Imports By Country
In 2016, Germany (17K tonnes), China (15K tonnes), Canada (12K tonnes), and the U.S. (8.4K tonnes) were the major importers of railway passenger coach in the world, comprising 41% of total import. Japan (5K tonnes), Indonesia (4.9K tonnes), Spain (3.8K tonnes), France (3.5K tonnes), Italy (3.2K tonnes), Kazakhstan (3.2K tonnes), Austria (3.1K tonnes), and Hungary (2.9K tonnes) took the slight share of total imports.
From 2007 to 2016, the most notable growth rate of railway passenger coach imports, among the main importing countries, was attained by Italy (+36.2% per year), while the other global leaders experienced more modest paces of growth.
In value terms, Italy ($95M) constitutes the largest market for imported railway passenger coach worldwide, making up 9% of global imports. The second position in the ranking was occupied by the U.S. ($16M), with the share of 2% of global imports. It was followed by Hungary, with the share of 1%.
In Italy, railway passenger coach imports stood at an average annual rate of +19.6% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: the U.S. (-8.6% per year) and Hungary (-5.6% per year).
Railway Passenger Coach Import Prices By Country
In 2016, the average import price for railway passenger coach amounted to $8,180 per tonne, descending by -7.2% against the previous year. Overall, railway passenger coach import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when import increased by 26% year-to-year. Global railway passenger coach import peaked of $9,327 per tonne in 2009- however, from 2010 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 Italy ($30 per kg), while China ($0 per kg) was among the lowest.
From 2007 to 2016, the most notable growth rate of railway passenger coach import prices was attained by Japan (+65.0% per year), while the other global leaders experienced more modest paces of growth.
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).
