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

Contents:

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

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

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $6,075 per ton, growing by 162% against the previous month. Overall, the import price enjoyed a moderate increase. The import price peaked at $8,774 per ton in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for the UK amounted to -0.0% per month.

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

The average export price for railway or tramway track constructions of iron or steel stood at $1,902 per ton in 2022, declining by -17.3% against the previous year. Overall, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 216% against the previous year. The export price peaked at $2,299 per ton in 2021, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +0.2% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of railway or tramway track constructions of iron or steel, when their volume decreased by -37.3% to 1K tons. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 147% against the previous year. As a result, imports attained the peak of 1.6K tons, and then reduced notably in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel dropped dramatically to $3.1M in 2022. Overall, imports, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. As a result, imports reached the peak of $5.1M, and then declined sharply in the following year.

Import of Railway or Tramway Track Constructions of Iron or Steel in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.12.84.82.810.1%
France0.40.20.1N/A-50.0%
Others0.10.20.20.226.0%
Total2.73.15.13.14.7%

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

  1. United Kingdom (1009.1 tons)
  2. France (0.3 tons)

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

Exports of railway or tramway track constructions of iron or steel from Ireland expanded remarkably to 276 tons in 2022, surging by 11% compared with the previous year. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,999%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of railway or tramway track constructions of iron or steel dropped to $524K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,204% against the previous year. As a result, the exports attained the peak of $569K, and then declined in the following year.

Export of Railway or Tramway Track Constructions of Iron or Steel in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom82.717.652050282.4%
Netherlands13.40.8N/AN/A-94.0%
Others5.86.248.822.156.2%
Total10224.756952472.5%

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

  1. United Kingdom (274.3 tons)

Source: IndexBox Market Intelligence Platform

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