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

Contents:

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

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

The average export price for railway or tramway track constructions of iron or steel stood at $1,269 per ton in 2022, picking up by 11% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $1,318 per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,180 per ton), while the average price for exports to India ($574 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 Turkey (+6.3%), 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 Spain (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,429 per ton in 2022, surging by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,858 per ton), while the price for France ($630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.0%), 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 Spain

Exports of railway or tramway track constructions of iron or steel from Spain stood at 231K tons in 2022, picking up by 11% against 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of railway or tramway track constructions of iron or steel soared to $293M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Railway or Tramway Track Constructions of Iron or Steel in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal18.26.114.141.531.6%
Belgium8.07.06.028.753.1%
Italy19.528.424.928.113.0%
France20.422.718.821.72.1%
Finland3.88.920.420.274.5%
Ireland9.45.010.812.510.0%
Estonia2.60.80.911.463.7%
Germany6.86.48.611.017.4%
Turkey0.30.75.310.0221.8%
Brazil2.17.98.09.867.1%
Mexico2.78.53.38.446.0%
India12.05.325.18.3-11.6%
Argentina1.10.42.76.984.4%
Others88.596.889.674.4-5.6%
Total19520523929314.5%

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

  1. Portugal (38.5K tons)
  2. Italy (27.0K tons)
  3. Finland (23.3K tons)
  4. India (14.4K tons)
  5. Estonia (12.8K tons)
  6. Ireland (12.1K tons)
  7. France (11.7K tons)
  8. Brazil (9.3K tons)
  9. Germany (9.2K tons)
  10. Belgium (9.0K tons)
  11. Argentina (7.3K tons)
  12. Turkey (6.6K tons)
  13. Mexico (5.6K tons)

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

In 2022, overseas purchases of railway or tramway track constructions of iron or steel were finally on the rise to reach 28K tons after two years of decline. Over the period under review, imports, however, faced a abrupt downturn.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $39M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports attained the peak of $48M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Railway or Tramway Track Constructions of Iron or Steel in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.76.26.05.8-4.7%
Luxembourg1.41.23.94.244.2%
China3.81.32.24.12.6%
Germany8.513.22.93.7-24.2%
Austria1.21.41.73.137.2%
United Kingdom2.21.81.22.65.7%
EstoniaN/AN/AN/A2.50%
Turkey0.4N/A0.72.276.5%
Italy1.92.31.62.25.0%
Portugal1.10.31.32.124.1%
Czech Republic2.811.53.61.5-18.8%
Belgium3.11.21.31.3-25.1%
Poland1.96.34.11.2-14.2%
Others2.51.12.32.61.3%
Total37.547.932.939.41.7%

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

  1. France (9.3K tons)
  2. Estonia (2.5K tons)
  3. Luxembourg (2.3K tons)
  4. China (1.9K tons)
  5. Turkey (1.8K tons)
  6. Belgium (1.8K tons)
  7. Portugal (1.7K tons)
  8. Austria (1.6K tons)
  9. Italy (1.4K tons)
  10. Czech Republic (0.8K tons)
  11. Poland (0.7K tons)
  12. United Kingdom (0.6K tons)
  13. Germany (0.6K tons)

Source: IndexBox Market Intelligence Platform

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