Price for Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates - 2022

Contents:

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

Price for Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $879 per ton, surging by 40% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 120% against the previous year. The import price peaked at $1,792 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,181 per ton), while the price for Poland ($321 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.4%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $1,797 per ton, which is down by -22.1% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 72%. Over the period under review, the average export prices reached the maximum at $2,306 per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($3,421 per ton), while the average price for exports to Maldives ($1,044 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 Tanzania (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in supplies from abroad of railway or tramway track constructions of iron or steel, when their volume decreased by -58.6% to 40K tons. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 464% against the previous year. As a result, imports attained the peak of 95K tons, and then shrank significantly in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel fell remarkably to $35M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 281% against the previous year.

Import of Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.41.77.27.3163.3%
TurkeyN/AN/A0.15.55400.0%
Spain0.12.32.04.3250.3%
Germany1.33.64.73.336.4%
AustriaN/AN/A0.83.1287.5%
United Kingdom0.10.2N/A2.6196.2%
PolandN/A3.036.42.5-8.7%
Luxembourg1.80.10.20.6-30.7%
Italy0.117.10.40.458.7%
RussiaN/AN/A1.1N/A0%
Estonia1.00.1N/AN/A-90.0%
Saudi ArabiaN/A0.65.0N/A733.3%
Others3.11.31.95.218.8%
Total7.930.159.934.863.9%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to the United Arab Emirates in 2022:

  1. Poland (7.7K tons)
  2. Turkey (7.4K tons)
  3. China (6.7K tons)
  4. Spain (5.0K tons)
  5. United Kingdom (4.3K tons)
  6. Austria (2.9K tons)
  7. Germany (1.5K tons)
  8. Luxembourg (0.9K tons)
  9. Italy (0.2K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates

In 2022, overseas shipments of railway or tramway track constructions of iron or steel decreased by -17.1% to 2.9K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of 4.3K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of railway or tramway track constructions of iron or steel fell remarkably to $5.1M in 2022. Over the period under review, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of $8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Railway or Tramway Track Constructions of Iron or Steel in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/A1,21643.71,95226.7%
Bahrain1,2851,6321,069931-10.2%
TogoN/AN/AN/A6640%
Kuwait1,585537520570-28.9%
Mozambique2.10.2929278409.7%
OmanN/A1,070550239-52.7%
Maldives3.4N/A19.190.0198.0%
Saudi Arabia1,6723,3324,655N/A66.9%
Others429258175415-1.1%
Total4,9768,0457,9615,1411.1%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from the United Arab Emirates in 2022:

  1. Tanzania (1462.3 tons)
  2. Bahrain (422.9 tons)
  3. Kuwait (252.2 tons)
  4. Mozambique (199.3 tons)
  5. Togo (194.2 tons)
  6. Maldives (86.2 tons)
  7. Oman (84.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - United Arab Emirates