Report Update: Apr 1, 2024

Italy - Railway Or Tramway Maintenance Or Service Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Railway Maintenance Vehicle Price in Italy - 2023

Railway Maintenance Vehicle Price in Italy (FOB) - 2023

The average railway maintenance vehicle export price stood at $685K per unit in August 2023, rising by 41% against the previous month. In general, the export price enjoyed perceptible growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 64% against the previous month. The export price peaked at $899K per unit in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Japan ($1.1M per unit), while the average price for exports to Switzerland ($105K per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Price in Italy (CIF) - 2022

The average railway maintenance vehicle import price stood at $220,465 per unit in 2022, picking up by 96% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. Over the period under review, average import prices hit record highs at $545,140 per unit in 2019; however, from 2020 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 Switzerland ($1,005,582 per unit), while the price for Poland ($14,128 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+260.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Railway Maintenance Vehicle Exports in Italy

Railway maintenance vehicle exports from Italy totaled 221 units in 2022, growing by 1.8% compared with the year before. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, railway maintenance vehicle exports shrank to $103M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52%. As a result, the exports reached the peak of $113M, and then reduced in the following year.

Export of Railway Maintenance Vehicle in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	16.2	10.0	21.2	26.6	18.0%
Azerbaijan	N/A	N/A	N/A	15.9	0%
Czech Republic	0.2	N/A	N/A	12.1	292.6%
India	N/A	4.5	6.9	10.0	49.1%
Lithuania	N/A	N/A	17.8	6.7	-62.4%
Switzerland	1.3	4.1	6.9	5.3	59.8%
Spain	2.7	4.1	3.8	4.8	21.1%
China	N/A	1.8	N/A	3.2	33.3%
United Kingdom	0.7	N/A	0.2	2.2	46.5%
Turkey	0.4	N/A	N/A	1.2	44.2%
Serbia	8.1	N/A	N/A	1.0	-50.2%
Bosnia and Herzegovina	N/A	N/A	N/A	0.1	0%
Latvia	N/A	N/A	N/A	N/A	0%
Others	44.5	50.0	56.0	13.6	-32.6%
Total	74.3	74.5	113	103	11.5%

Top Export Markets for Railway Maintenance Vehicle from Italy in 2022:

India (36.0 units)
Bosnia and Herzegovina (26.0 units)
United Kingdom (24.0 units)
Czech Republic (22.0 units)
Spain (19.0 units)
Azerbaijan (17.0 units)
Switzerland (17.0 units)
Japan (17.0 units)
Lithuania (7.0 units)
China (6.0 units)
Turkey (5.0 units)
Serbia (5.0 units)
Latvia (4.0 units)

Railway Maintenance Vehicle Imports in Italy

In 2022, the amount of railway or tramway maintenance or service vehicles imported into Italy skyrocketed to 230 units, picking up by 51% against the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway maintenance vehicle imports soared to $51M in 2022. In general, imports, however, showed a sharp descent. Imports peaked at $107M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Railway Maintenance Vehicle in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	40.2	9.9	5.8	31.7	-7.6%
Switzerland	57.5	6.2	3.3	7.4	-49.5%
Germany	1.4	7.1	0.7	6.2	64.2%
Sweden	N/A	8.4	3.9	1.7	-55.0%
United Kingdom	0.9	0.5	N/A	1.3	13.0%
France	3.2	0.6	N/A	0.2	-60.3%
Poland	N/A	N/A	0.8	0.1	-87.5%
Netherlands	N/A	N/A	0.8	N/A	0%
Others	3.8	0.1	1.8	2.1	-17.9%
Total	107	32.9	17.1	50.6	-22.1%

Top Suppliers of Railway Maintenance Vehicle to Italy in 2022:

Austria (129.0 units)
Germany (39.0 units)
United Kingdom (24.0 units)
Sweden (14.0 units)
Switzerland (7.0 units)
Poland (4.0 units)
France (2.0 units)
Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the railway maintenance vehicle market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023