Price for Railway or Tramway Track Constructions of Iron or Steel in Japan - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Japan (FOB) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Japan (CIF) - 2024
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Japan
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Japan
Price for Railway or Tramway Track Constructions of Iron or Steel in Japan (FOB) - 2022
In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $1,142 per ton, growing by 32% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The export price peaked at $1,324 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($2,670 per ton), while the average price for exports to Taiwan (Chinese) ($730 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 Russia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Japan (CIF) - 2024
In November 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $2,608 per ton, rising by 21% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $3,053 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($4,534 per ton), while the price for Turkey ($1,172 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Railway or Tramway Track Constructions of Iron or Steel in Japan
In 2022, approx. 267K tons of railway or tramway track constructions of iron or steel were exported from Japan; dropping by -16% against the previous year's figure. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1% against the previous year.
In value terms, exports of railway or tramway track constructions of iron or steel stood at $305M in 2022. Over the period under review, exports showed a abrupt slump.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 81.2 | 18.9 | 29.6 | 79.6 | -0.7% |
| Brazil | 62.2 | 45.3 | 83.2 | 73.4 | 5.7% |
| Canada | 65.7 | 44.1 | 14.8 | 46.2 | -11.1% |
| Australia | 62.1 | 53.0 | 16.8 | 30.2 | -21.4% |
| Mexico | N/A | 3.4 | 43.7 | 20.0 | 142.5% |
| India | 66.2 | 40.6 | 41.2 | 19.6 | -33.4% |
| Taiwan (Chinese) | 6.6 | 7.8 | 10.8 | 9.7 | 13.7% |
| Tanzania | 34.4 | N/A | N/A | 3.2 | -54.7% |
| Myanmar | 36.8 | 25.2 | 12.0 | 1.6 | -64.8% |
| Others | 20.9 | 22.3 | 23.7 | 21.4 | 0.8% |
| Total | 436 | 260 | 276 | 305 | -11.2% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Japan in 2022:
- United States (72.8K tons)
- Brazil (56.5K tons)
- Canada (38.5K tons)
- Australia (28.9K tons)
- Mexico (20.1K tons)
- India (18.0K tons)
- Taiwan (Chinese) (13.4K tons)
- Tanzania (3.1K tons)
- Myanmar (0.5K tons)
Imports of Railway or Tramway Track Constructions of Iron or Steel in Japan
For the third consecutive year, Japan recorded decline in purchases abroad of railway or tramway track constructions of iron or steel, which decreased by -10.5% to 3.5K tons in 2022. In general, imports recorded a abrupt curtailment. The smallest decline of -0.8% was in 2021.
In value terms, imports of railway or tramway track constructions of iron or steel declined to $8.8M in 2022. Over the period under review, imports recorded a deep downturn. The smallest decline of -7% was in 2021.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 1.7 | 1.8 | 2.9 | 13.2% |
| United Kingdom | 3.2 | 1.9 | 1.4 | 1.9 | -16.0% |
| South Korea | 3.2 | 3.2 | 2.2 | 1.8 | -17.5% |
| Australia | 0.6 | 0.9 | 0.6 | 0.9 | 14.5% |
| Luxembourg | 0.9 | 2.0 | 2.7 | 0.7 | -8.0% |
| Taiwan (Chinese) | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| Germany | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 1.1 | 0.5 | 0.7 | 0.2 | -43.3% |
| Total | 11.6 | 10.5 | 9.8 | 8.8 | -8.8% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Japan in 2022:
- China (1132.1 tons)
- South Korea (825.3 tons)
- United Kingdom (569.4 tons)
- Australia (456.8 tons)
- Luxembourg (383.3 tons)
- Taiwan (Chinese) (100.5 tons)
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This report provides an in-depth analysis of the steel railway material market in Japan.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Japan.
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This report provides an in-depth analysis of the global steel railway material market.
1296
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>
982
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>
1318
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%
1296
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>
982
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>
1318
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%
