Which Country Imports the Most Self-Propelled Railway Or Tramway Coaches in the World?
Railway Locomotives And Rolling Stock May 28, 2018
IndexBox has just published a new report "World: Railway Or Tramway Coaches (Self-Propelled) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, approx. 270K tonnes of railway coach were imported worldwide- reducing by -4.7% against the previous year level. The total import volume increased at an average annual rate of +3.1% over the period from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, when import increased by 13% against the previous year level. Over the period under review, global railway coach imports attained its maximum volume of 283K tonnes in 2015, falling back in the following year.
In value terms, railway coach imports totaled $3.9B in 2016. Overall, railway coach imports continue to indicate a mild growth. Global railway coach import peaked of $4.4B in 2015, falling back in the following year.
Top Railway Coach Importing Countries in the World
1. Germany (398.5 million USD)
2. Switzerland (180.9 million USD)
3. Sweden (147.6 million USD)
4. Netherlands (89.2 million USD)
5. Singapore (85.1 million USD)
6. Ethiopia (39.7 million USD)
7. Czech Republic (15.5 million USD)
8. Spain (12.5 million USD)
9. France (2.1 million USD)
10. South Korea (1.2 million USD)
11. Japan (0.9 million USD)
12. China (0.6 million USD)
Railway Coach Imports By Country
In 2016, Germany (38K tonnes), followed by China (24K tonnes), Spain (19K tonnes), Switzerland (14K tonnes), and Japan (13K tonnes) represented the key importers of railway coach, together creating 39% of total imports. The Netherlands (12K tonnes), South Korea (11K tonnes), France (9.7K tonnes), Ethiopia (9.2K tonnes), Singapore (8K tonnes), Czech Republic (6.6K tonnes), and Sweden (6.3K tonnes) occupied the minor share of total imports.
From 2007 to 2016, the most notable growth rate of railway coach imports, among the main importing countries, was attained by Ethiopia (+44.9% per year), while the other global leaders experienced more modest paces of growth.
In value terms, Germany ($399M) constitutes the largest market for imported railway coach worldwide, making up 10% of global imports. The second position in the ranking was occupied by Switzerland ($181M), with the share of 5% of global imports. It was followed by Sweden, with the share of 4%.
From 2007 to 2016, the average annual rate of growth in terms of value of railway coach imports in Germany stood at +15.1%. The remaining importing countries recorded the following average annual rates: Switzerland (-0.1% per year) and Sweden (-3.3% per year).
Railway Coach Import Prices By Country
The average railway coach import price stood at $14 per kg in 2016, lowering by -6.9% against the previous year. Overall, railway coach import price continues to indicate a moderate drop. The most prominent rate of growth was recorded in 2010, when import increased by 12% from the previous year level. Global railway coach import peaked of $17 per kg in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Sweden ($24 per kg), while China ($25 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of railway coach import prices was attained by Germany (+14.4% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global railway coach market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- railway coach market share
- railway coach prices
- railway coach industry
- railway coach sales
- railway coach import
- railway coach export
- railway coach market forecast
- railway coach price forecast
- key railway coach producers
All data provided in this article covers the following product: HS Code 8603 - Railway or tramway coaches, vans and trucks- self-propelled tenders, other than those of heading no. 8604.
Source: World: Railway Or Tramway Coaches (Self-Propelled) - Market Report. Analysis and Forecast to 2025
