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

Contents:

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

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

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $3,184 per ton, picking up by 21% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 29% month-to-month. Over the period under review, average import prices hit record highs at $3,253 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($10,157 per ton), while the price for Austria ($1,411 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 (+10.2%), 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 Sweden (FOB) - 2023

The average export price for railway or tramway track constructions of iron or steel stood at $4,932 per ton in December 2023, rising by 143% against the previous month. In general, the export price, however, showed a pronounced curtailment. Over the period under review, the average export prices attained the maximum at $6,293 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Turkey ($26,184 per ton), while the average price for exports to India ($1,852 per ton) 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 Finland (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Sweden reached 71K tons, with an increase of 5.1% against the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of railway or tramway track constructions of iron or steel expanded significantly to $111M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Railway or Tramway Track Constructions of Iron or Steel in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.52.94.939.8151.6%
Austria38.930.158.526.5-12.0%
France14.713.213.613.5-2.8%
Luxembourg4.73.86.06.913.7%
Spain0.34.95.06.8183.0%
Germany4.03.03.16.014.5%
United Kingdom6.95.83.25.2-9.0%
China2.22.32.73.516.7%
Others2.53.05.23.06.3%
Total76.668.910211113.2%

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

  1. Poland (33.4K tons)
  2. Austria (22.1K tons)
  3. France (3.8K tons)
  4. Luxembourg (2.9K tons)
  5. Germany (2.9K tons)
  6. China (1.6K tons)
  7. Spain (1.6K tons)
  8. United Kingdom (1.3K tons)

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

Exports of railway or tramway track constructions of iron or steel from Sweden expanded sharply to 11K tons in 2022, growing by 12% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.8% over the period 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 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel expanded notably to $32M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Railway or Tramway Track Constructions of Iron or Steel in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11.112.215.016.514.1%
Finland4.55.37.67.116.4%
Denmark4.84.15.06.812.3%
Taiwan (Chinese)N/AN/A0.80.5-37.5%
China2.70.9N/AN/A-66.7%
Pakistan0.50.1N/AN/A-80.0%
Others1.11.62.11.715.6%
Total24.724.230.532.49.5%

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

  1. Norway (4.6K tons)
  2. Denmark (2.9K tons)
  3. Finland (2.0K tons)
  4. Taiwan (Chinese) (0.7K tons)

Source: IndexBox Market Intelligence Platform

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