Price for Railway or Tramway Track Constructions of Iron or Steel in the UK - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in the UK (FOB) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in the UK (CIF) - 2022
- Exports of Railway or Tramway Track Constructions of Iron or Steel in the UK
- Imports of Railway or Tramway Track Constructions of Iron or Steel in the UK
Price for Railway or Tramway Track Constructions of Iron or Steel in the UK (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $2,495 per ton in 2022, dropping by -4.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. The export price peaked at $2,669 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($4,269 per ton), while the average price for exports to Senegal ($1,434 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 France (+8.1%), 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 the UK (CIF) - 2022
In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $2,324 per ton, with an increase of 5.2% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel increased by +81.7% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 72%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,046 per ton), while the price for Luxembourg ($1,290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.4%), 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 the UK
After two years of decline, shipments abroad of railway or tramway track constructions of iron or steel increased by 37% to 36K tons in 2022. Overall, exports, however, faced a abrupt decrease.
In value terms, exports of railway or tramway track constructions of iron or steel surged to $91M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liberia | N/A | N/A | N/A | 12.3 | 0% |
| Senegal | N/A | N/A | N/A | 6.8 | 0% |
| Estonia | 0.8 | 0.2 | 6.4 | 6.6 | 102.1% |
| Sweden | 6.0 | 6.6 | 5.6 | 6.6 | 3.2% |
| Germany | 8.5 | 3.5 | 7.4 | 6.6 | -8.1% |
| Norway | 6.0 | 5.0 | 5.1 | 6.4 | 2.2% |
| Japan | 2.7 | 1.7 | 1.4 | 5.0 | 22.8% |
| Mongolia | 0.8 | 4.4 | 1.2 | 4.8 | 81.7% |
| Ireland | 3.3 | 4.7 | 3.9 | 3.5 | 2.0% |
| France | 0.9 | 0.8 | 2.4 | 3.4 | 55.7% |
| Denmark | 2.0 | 2.8 | 2.5 | 2.2 | 3.2% |
| China | 1.4 | 0.5 | 0.2 | 1.6 | 4.6% |
| Brazil | 0.5 | 0.8 | 0.4 | 1.5 | 44.2% |
| Others | 42.1 | 38.1 | 33.5 | 23.4 | -17.8% |
| Total | 75.0 | 69.1 | 69.9 | 91.0 | 6.7% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from the UK in 2022:
- Liberia (7.1K tons)
- Senegal (4.8K tons)
- Germany (3.5K tons)
- Estonia (1.9K tons)
- Sweden (1.9K tons)
- Norway (1.9K tons)
- France (1.4K tons)
- Japan (1.2K tons)
- Ireland (1.2K tons)
- Mongolia (1.1K tons)
- Brazil (1.0K tons)
- Denmark (1.0K tons)
- China (0.9K tons)
Imports of Railway or Tramway Track Constructions of Iron or Steel in the UK
Imports of railway or tramway track constructions of iron or steel into the UK expanded to 31K tons in 2022, picking up by 3.8% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a dramatic downturn. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of 72K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of railway or tramway track constructions of iron or steel expanded notably to $72M in 2022. Overall, imports, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of $92M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Railway or Tramway Track Constructions of Iron or Steel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 7.4 | 6.4 | 15.0 | 50.5% |
| Austria | 26.7 | 31.6 | 8.6 | 12.2 | -23.0% |
| Australia | 7.7 | 5.6 | 11.3 | 10.1 | 9.5% |
| China | 6.4 | 5.7 | 6.7 | 8.9 | 11.6% |
| France | 2.7 | 6.4 | 16.2 | 8.5 | 46.6% |
| Spain | 20.6 | 23.9 | 10.0 | 6.1 | -33.3% |
| India | 0.1 | 0.4 | 0.6 | 2.3 | 184.4% |
| Luxembourg | 3.2 | 4.4 | 2.7 | 1.1 | -29.9% |
| Others | 5.7 | 7.0 | 3.4 | 7.8 | 11.0% |
| Total | 77.5 | 92.4 | 65.9 | 72.0 | -2.4% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to the UK in 2022:
- Austria (8.4K tons)
- Australia (6.2K tons)
- Germany (6.2K tons)
- China (2.6K tons)
- Spain (2.0K tons)
- France (1.7K tons)
- India (1.0K tons)
- Luxembourg (0.8K tons)
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This report provides an in-depth analysis of the steel railway material market in the UK.
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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 the UK.
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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>
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%
