Railway Goods Wagon Market

Railway goods wagon market: read the latest info empowered by an Ai-driven BI platform. Datasets contain market size, market prices, imports, trade, companies, consumption, production, and exports. There is a split by country, including EU, the Middle East, the U.K., China, Africa, Russia, the U.S., and Latin America. Market dynamics and forecast to 2030 are also provided in the dashboards.

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Railway Goods Wagon - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by the United States.

In China, the railway goods wagon market expanded at an average annual rate of +4.2% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Brazil (+45.1% per year) and the United States (-14.0% per year).

Railway Goods Wagon Prices

Railway Goods Wagon - Top Importers

In value terms, Canada ($374M), Germany ($366M) and Austria ($154M) appeared to be the countries with the highest levels of imports in 2020, with a combined 36% share of global imports. These countries were followed by Australia, Poland, Russia, Kazakhstan, the Czech Republic, Belarus, Slovakia, Myanmar, Ukraine and Spain, which together accounted for a further 32%.

Among the main importing countries, Spain (+146.9% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Railway Goods Wagon - Top Exporters

In value terms, the largest railway goods wagon supplying countries worldwide were the United States ($596M), Slovakia ($465M) and China ($207M), with a combined 31% share of global exports. These countries were followed by Russia, Romania, Poland, the Czech Republic, Bulgaria, Ukraine, Belarus, Germany, France and Spain, which together accounted for a further 22%.

In terms of the main exporting countries, Belarus (+73.6% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Railway Goods Wagon - Market Forecast

Driven by increasing demand for railway goods wagon worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Railway Goods Wagon - Top Companies

CRRC Group Co., Ltd., CRRC Corporation Limited, ALSTOM Schienenfahrzeuge AG, Bombardier Inc, China Railway Signal & Communication Corporation Limited, ARGE Gate Oerlikon, ALSTOM TRANSPORT SA, Westinghouse Air Brake Technologies Corporation, Trinity Industries, Inc., Hyundai Rotem Company, The Greenbrier Companies Inc, Bombardier Transportation GmbH, Union Tank Car Company, Inner Mongolia First Machinery Group Co., Ltd., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, SA, CRRC Nanjing Puzhen Co., Ltd., UGL RAIL PTY LTD, Knorr Brake Holding Corporation, BOMBARDIER TRANSPORTATION UK LTD, DB Fahrzeuginstandhaltung GmbH

Railway Goods Wagon - Product Coverage

• HS 8606 - Railway or tramway goods vans and wagons; not self-propelled