Iron and Steel Railway Construction Materials Market
Iron and steel railway construction materials market: read newly released datasets provided by an Ai-driven BI platform. Information contain imports, market prices, companies, trade, exports, consumption, market size, and production. There is a breakdown by country, including Africa, China, the U.K., EU, the Middle East, the U.S., Russia, and Latin America. Market trends and outlook to 2030 are also provided in the reports.
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Iron and Steel Railway Construction Materials - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Russia |
| 4 | United Kingdom |
| 5 | India |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Russia.
From 2018 to 2020, the average annual growth rate of value in China totaled +4.5%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-2.5% per year) and Russia (+1.3% per year).
Iron and Steel Railway Construction Materials Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Russia | 766 | 739 | 738 | -1.8% |
| Czech Republic | 974 | 873 | 783 | -10.3% |
| Japan | 723 | 805 | 827 | 7.0% |
| China | 981 | 937 | 858 | -6.5% |
| Poland | 837 | 850 | 872 | 2.1% |
| Austria | 970 | 982 | 979 | 0.5% |
| Spain | 1022 | 1045 | 1018 | -0.2% |
| United States | 1771 | 2023 | 1239 | -16.4% |
| Germany | 2322 | 2413 | 2290 | -0.7% |
| Average | 1112 | 1126 | 1060 | -2.3% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($2,290 per ton), while Russia ($738 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Switzerland | 1474 | 1390 | 1504 | 1.0% |
| Belgium | 1021 | 1137 | 1371 | 15.9% |
| United Kingdom | 1426 | 1036 | 1340 | -3.1% |
| Italy | 1247 | 1141 | 1271 | 1.0% |
| Australia | 1072 | 1131 | 1091 | 0.9% |
| United States | 1122 | 1074 | 1084 | -1.7% |
| France | 1432 | 1363 | 1053 | -14.2% |
| Poland | 914 | 966 | 1020 | 5.6% |
| Canada | 963 | 1009 | 917 | -2.4% |
| Germany | 899 | 858 | 863 | -2.0% |
| Brazil | 663 | 734 | 861 | 14.0% |
| Iran | 889 | 865 | 853 | -2.0% |
| Mongolia | 882 | 852 | 840 | -2.4% |
| Average | 1058 | 1056 | 1112 | 2.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($1,504 per ton), while Mongolia ($840 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
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Iron and Steel Railway Construction Materials - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 0.3 | 0.3 | 0.3 | -4.8% |
| Canada | 0.3 | 0.3 | 0.2 | -11.4% |
| Italy | 0.2 | 0.2 | 0.2 | -0.8% |
| Iran | 0.2 | 0.2 | 0.2 | 12.5% |
| United States | 0.2 | 0.2 | 0.1 | -25.4% |
In value terms, the largest iron and steel railway construction materials importing markets worldwide were Germany ($303M), Canada ($241M) and Italy ($207M), with a combined 21% share of global imports. Iran, the United States, Brazil, Switzerland, France, Belgium, Australia, the UK, Mongolia and Poland lagged somewhat behind, together comprising a further 32%.
Mongolia (+189.8% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Iron and Steel Railway Construction Materials - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Austria | 0.5 | 0.5 | 0.5 | -3.3% |
| China | 0.4 | 0.5 | 0.3 | -9.6% |
| Japan | 0.3 | 0.4 | 0.3 | -12.2% |
| Poland | 0.2 | 0.2 | 0.2 | 8.7% |
| United States | 0.3 | 0.3 | 0.2 | -15.4% |
In value terms, the largest iron and steel railway construction materials supplying countries worldwide were Austria ($468M), China ($323M) and Japan ($261M), with a combined 36% share of global exports. These countries were followed by Poland, the United States, Spain, Germany, Russia and the Czech Republic, which together accounted for a further 39%.
Among the main exporting countries, Russia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Iron and Steel Railway Construction Materials - Market Forecast
Driven by increasing demand for iron and steel railway construction materials worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Iron and Steel Railway Construction Materials - Top Companies
Xingtai Roll Small Cold Roller Co., Ltd., Dongguan Dazhou Iron & Steel Co., Ltd., Shijiazhuang Zhengzhong Technology Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, Dalian Zhongji Metallurgical Co., Ltd., JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Panjin kangdao Precision Casting Industry Co., Ltd., Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Tyco International Management Company, LLC, Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited
Iron and Steel Railway Construction Materials - Product Coverage
- HS 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
1270
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
955
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1296
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
