Railway Maintenance Vehicle Market

Railway maintenance vehicle market: enjoy the most recent information secured by an Ai-driven market research platform. Datasets include consumption, imports, market size, production, market prices, trade, exports, and companies. There is a split by country, including Africa, the Middle East, Russia, Latin America, the U.S., EU, China, and the U.K. Market insights and forecast to 2030 are also featured in the snapshots.


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Railway Maintenance Vehicle - World's Largest Markets

RatingCountry
1Mozambique
2Canada
3Japan
4Brazil
5United States

In value terms, Mozambique led the market, alone. The second position in the ranking was occupied by Canada. It was followed by Japan.

In Mozambique, the railway maintenance vehicle market increased at an average annual rate of +15,858.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Canada (+105.0% per year) and Japan (+26.4% per year).

Railway Maintenance Vehicle Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Hong Kong SAR18187596428543-78.3%
United Kingdom255993453814691-24.2%
Morocco16148122772598826.9%
United States4972947222594139.3%
Russia1049795606671296-17.6%
France64576660829984524.3%
Sweden1120491125601124850.2%
Spain489539186763143248-45.9%
China177019155417162235-4.3%
Austria15303723345527382333.8%
Italy3841783125874496308.2%
Switzerland37049049355349963216.1%
Germany36178134441289486357.3%
Average2271395231663982607.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($894,863 per unit), while Hong Kong SAR ($8,543 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+57.3% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Canada1085686693025438-51.6%
Japan388652044020031-28.2%
Brazil48499107518216-58.8%
Ethiopia9481274117911.5%
Senegal6837077424.2%
Mozambique9103711364679-97.1%
Tanzania4278464.0%
Average41749365006438-60.7%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($25,438 per unit), while Tanzania ($46 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ethiopia, while the other global leaders experienced more modest paces of growth.

Railway Maintenance Vehicle - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Canada0.090.080.09-0.7%
Japan0.090.060.08-6.4%
Brazil0.002826630.0097986090.03248.2%
Mozambique0.0004128130.0016749910.008059227341.8%
Ethiopia0.0021979340.0028408410.0047458246.9%

In value terms, Canada ($89M), Japan ($80M) and Brazil ($34M) constituted the countries with the highest levels of imports in 2020, together accounting for 20% of global imports. These countries were followed by Mozambique, Ethiopia, Senegal and Tanzania, which together accounted for a further 1.7%.

Tanzania (+1,535.7% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Railway Maintenance Vehicle - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Austria3333073401.0%
Germany211152179-7.8%
United States121971230.9%
Italy6274749.2%
Switzerland10913555-29.0%

In value terms, the largest railway maintenance vehicle supplying countries worldwide were Austria ($340M), Germany ($179M) and the United States ($123M), with a combined 66% share of global exports. Italy, Switzerland, China, Spain, Sweden, France, Russia, the UK, Morocco and Hong Kong SAR lagged somewhat behind, together comprising a further 24%.

In terms of the main exporting countries, Morocco (+491.8% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Railway Maintenance Vehicle - Market Forecast

The railway maintenance vehicle market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -4.4% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Railway Maintenance Vehicle - Product Coverage

  • HS 8604 - Railway or tramway maintenance or service vehicles; whether or not self-propelled (eg workshops, cranes, ballast tampers, trackliners, testing coaches and track inspection vehicles)
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World - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global railway maintenance vehicle market.

Eastern Asia - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Eastern Asia.

Southern Asia - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Southern Asia.

Australia and Oceania - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Australia and Oceania.

Latin America and the Caribbean - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Latin America and the Caribbean.

Middle East - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in the Middle East.

Central Asia - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Central Asia.

South-Eastern Asia - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in South-Eastern Asia.

Northern America - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Northern America.

Africa - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the railway maintenance vehicle market in Africa.

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