Price for Railway or Tramway Track Constructions of Iron or Steel in Germany - 2023

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Germany (CIF) - 2023
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Germany (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Germany
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Germany

Price for Railway or Tramway Track Constructions of Iron or Steel in Germany (CIF) - 2023

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $1,422 per ton, growing by 8.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in April 2023 when the average import price increased by 21% m-o-m. As a result, import price attained the peak level of $1,496 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($5,011 per ton), while the price for the Czech Republic ($1,079 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Germany (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $2,576 per ton in 2022, shrinking by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. As a result, the export price attained the peak level of $2,708 per ton, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($4,294 per ton), while the average price for exports to Denmark ($1,034 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Germany

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Germany soared to 423K tons, growing by 16% compared with the previous year. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $443M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria98.011113417521.3%
Poland73.966.911010211.3%
Czech Republic45.769.451.894.227.3%
Luxembourg19.422.622.317.2-3.9%
Spain6.05.98.89.918.2%
United Kingdom7.53.17.28.64.7%
Others24.323.828.035.713.7%
Total27530336344317.2%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Germany in 2022:

  1. Austria (178.3K tons)
  2. Czech Republic (119.2K tons)
  3. Poland (89.1K tons)
  4. Luxembourg (11.3K tons)
  5. Spain (8.0K tons)
  6. United Kingdom (5.1K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Germany

In 2022, after two years of decline, there was significant growth in shipments abroad of railway or tramway track constructions of iron or steel, when their volume increased by 15% to 86K tons. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel rose notably to $222M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Railway or Tramway Track Constructions of Iron or Steel in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy21.717.025.024.44.0%
Denmark11.619.415.223.927.2%
Netherlands22.119.614.520.5-2.5%
Switzerland22.614.914.213.4-16.0%
Austria11.111.013.011.0-0.3%
Poland11.46.911.610.9-1.5%
United Kingdom3.93.67.910.438.7%
Czech Republic10.86.18.88.1-9.1%
Luxembourg3.65.26.47.527.7%
Finland3.14.45.46.829.9%
Hungary3.12.13.25.319.6%
Ukraine0.12.61.54.4253.0%
Turkey4.82.32.14.1-5.1%
Others69.870.874.370.80.5%
Total2001862032223.5%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Germany in 2022:

  1. Denmark (23.1K tons)
  2. Italy (6.4K tons)
  3. Poland (6.2K tons)
  4. Switzerland (6.2K tons)
  5. Netherlands (4.8K tons)
  6. Austria (4.4K tons)
  7. United Kingdom (4.3K tons)
  8. Czech Republic (3.7K tons)
  9. Luxembourg (3.3K tons)
  10. Finland (2.7K tons)
  11. Hungary (1.9K tons)
  12. Ukraine (1.6K tons)
  13. Turkey (1.6K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Germany