Price for Railway or Tramway Track Constructions of Iron or Steel in Thailand - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Thailand (FOB) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Thailand (CIF) - 2024
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Thailand
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Thailand
Price for Railway or Tramway Track Constructions of Iron or Steel in Thailand (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $809 per ton in 2022, which is down by -67.9% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36%. The export price peaked at $2,578 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($7,496 per ton), while the average price for exports to Cambodia ($403 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 Belgium (+15.3%), 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 Thailand (CIF) - 2024
In February 2024, the average import price for railway or tramway track constructions of iron or steel amounted to $848 per ton, dropping by -1.6% against the previous month. In general, the import price saw a noticeable setback. The most prominent rate of growth was recorded in September 2023 an increase of 79% month-to-month. As a result, import price attained the peak level of $2,970 per ton. From October 2023 to February 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Indonesia ($1,744 per ton), while the price for China stood at $830 per ton.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (-1.5%).
Exports of Railway or Tramway Track Constructions of Iron or Steel in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of railway or tramway track constructions of iron or steel, which increased by 121% to 11K tons in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of railway or tramway track constructions of iron or steel dropped remarkably to $8.6M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 137%. As a result, the exports reached the peak of $12M, and then reduced sharply in the following year.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 2.6 | 69.3 | 1,001 | 3,610 | 1015.6% |
| Netherlands | N/A | 448 | 456 | 1,851 | 103.3% |
| Indonesia | 162 | 0.4 | 1,336 | 858 | 74.3% |
| Uruguay | N/A | N/A | 1,628 | 714 | -56.1% |
| Malaysia | 464 | 821 | 5,062 | 505 | 2.9% |
| Lao People's Democratic Republic | 677 | 1,090 | 1,139 | 433 | -13.8% |
| Gabon | 216 | 324 | 636 | N/A | 71.6% |
| Others | 999 | 2,378 | 903 | 674 | -12.3% |
| Total | 2,521 | 5,130 | 12,161 | 8,644 | 50.8% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Thailand in 2022:
- Cambodia (9.0K tons)
- Netherlands (0.8K tons)
- Lao People's Democratic Republic (0.3K tons)
- Uruguay (0.2K tons)
- Indonesia (0.2K tons)
- Malaysia (0.2K tons)
Imports of Railway or Tramway Track Constructions of Iron or Steel in Thailand
Imports of railway or tramway track constructions of iron or steel into Thailand dropped to 3.8K tons in 2022, waning by -13% on the previous year's figure. In general, imports saw a dramatic decrease.
In value terms, imports of railway or tramway track constructions of iron or steel contracted notably to $6.4M in 2022. Overall, imports faced a dramatic descent.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.2 | 7.5 | 2.8 | 5.1 | -53.0% |
| Romania | 2.5 | 1.8 | 0.3 | 0.1 | -65.8% |
| Japan | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Luxembourg | 0.6 | 0.3 | 0.6 | 0.1 | -45.0% |
| United Kingdom | 3.4 | 0.4 | N/A | 0.1 | -69.1% |
| Austria | 2.9 | 2.1 | 0.7 | 0.1 | -67.5% |
| Germany | 15.0 | 2.4 | 0.5 | N/A | -81.7% |
| Poland | 0.6 | N/A | 0.4 | N/A | -18.4% |
| Australia | 8.1 | 0.3 | N/A | N/A | -96.3% |
| Others | 4.8 | 0.9 | 2.8 | 0.7 | -47.4% |
| Total | 87.3 | 15.9 | 8.1 | 6.4 | -58.1% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Thailand in 2022:
- China (3354.0 tons)
- Luxembourg (83.3 tons)
- Japan (70.2 tons)
- Austria (36.1 tons)
- Romania (28.4 tons)
- Australia (12.7 tons)
- United Kingdom (11.0 tons)
- Germany (6.0 tons)
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This report provides an in-depth analysis of the steel railway material market in Thailand.
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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 Thailand.
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This report provides an in-depth analysis of the global steel railway material market.
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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>
1319
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>
1319
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%
