Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States - 2023

Contents:

  1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (FOB) - 2023
  2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (CIF) - 2023
  3. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States
  4. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (FOB) - 2023

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $326 per cubic meter in December 2023, leveling off at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 9% m-o-m. Over the period under review, the average export prices attained the peak figure at $401 per cubic meter in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($580 per cubic meter), while the average price for exports to Canada ($292 per cubic meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.5%), while the prices for the other major destinations experienced a decline.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (CIF) - 2023

In December 2023, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $554 per cubic meter, reducing by -2.8% against the previous month. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 336% month-to-month. As a result, import price reached the peak level of $1,108 per cubic meter. From November 2023 to December 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From December 2022 to December 2023, the rate of growth in terms of prices for Canada amounted to -1.0% per month.

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States

In 2022, after two years of decline, there was significant growth in shipments abroad of railway or tramway sleepers (cross-ties) of wood, when their volume increased by 17% to 381K cubic meters. Over the period under review, exports, however, showed a abrupt decline. Over the period under review, the exports of attained the maximum at 491K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood rose rapidly to $139M in 2022. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports of attained the maximum at $174M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada152130101114-9.1%
Mexico13.116.114.615.35.3%
Brazil5.09.25.47.916.5%
Others3.72.14.42.7-10.0%
Total174158125139-7.2%

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from the United States in 2022:

  1. Canada (325.7K cubic meters)
  2. Mexico (37.1K cubic meters)
  3. Brazil (11.3K cubic meters)

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States

In 2022, overseas purchases of railway or tramway sleepers (cross-ties) of wood decreased by -70.1% to 7.5K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted temperate growth. The pace of growth was the most pronounced in 2020 when imports increased by 125%. Imports peaked at 25K cubic meters in 2021, and then dropped rapidly in the following year.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood reduced to $2.8M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 32%. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.53.22.42.83.8%
Mexico0.10.20.8N/A182.8%
Others0.10.1N/AN/A0.0%
Total2.73.53.22.81.2%

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to the United States in 2022:

  1. Canada (7.3K cubic meters)
  2. Mexico (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

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