Report Update: Apr 22, 2024

Belgium - Railway Or Tramway Track Fixtures And Fittings - Market Analysis, Forecast, Size, Trends And Insights

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Railway Track Fixture Price in Belgium - 2023

Railway Track Fixture Price in Belgium (FOB) - 2022

The average railway track fixture export price stood at $40,302 per ton in 2022, rising by 38% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, railway track fixture export price increased by +90.6% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 50%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($130,994 per ton), while the average price for exports to Singapore ($6,624 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 (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Track Fixture Price in Belgium (CIF) - 2022

In 2022, the average railway track fixture import price amounted to $24,553 per ton, dropping by -15.7% against the previous year. Overall, the import price, however, posted a prominent increase. The growth pace was the most rapid in 2019 an increase of 125%. Over the period under review, average import prices attained the peak figure at $31,187 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($65,138 per ton), while the price for Serbia ($2,587 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Railway Track Fixture Exports in Belgium

In 2022, the amount of railway or tramway track fixtures and fittings exported from Belgium declined remarkably to 821 tons, which is down by -32.1% against the year before. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 43%. As a result, the exports attained the peak of 1.2K tons, and then declined dramatically in the following year.

In value terms, railway track fixture exports shrank to $33M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports reached the peak of $35M, and then fell in the following year.

Export of Railway Track Fixture in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	0.2	0.9	6.0	6.3	215.8%
United States	0.2	1.2	1.2	4.0	171.4%
China	1.2	0.8	1.8	2.9	34.2%
Chile	0.5	0.2	0.8	1.4	40.9%
India	1.7	0.8	1.1	1.3	-8.6%
Saudi Arabia	0.1	N/A	0.1	1.2	128.9%
Norway	0.4	0.6	0.5	1.0	35.7%
France	0.2	1.3	0.7	0.9	65.1%
Colombia	0.8	0.5	0.7	0.8	0.0%
Egypt	0.3	0.4	2.4	0.8	38.7%
Morocco	0.3	0.4	0.6	0.5	18.6%
Singapore	0.1	2.0	2.1	0.4	58.7%
Tunisia	0.1	0.1	0.2	0.4	58.7%
Others	15.0	11.7	17.2	11.0	-9.8%
Total	21.2	20.9	35.2	33.1	16.0%

Top Export Markets for Railway Track Fixture from Belgium in 2022:

United Kingdom (135.3 tons)
Singapore (60.6 tons)
Chile (60.2 tons)
India (52.3 tons)
Norway (44.3 tons)
France (43.4 tons)
Saudi Arabia (33.8 tons)
United States (30.4 tons)
China (30.0 tons)
Colombia (24.1 tons)
Egypt (21.5 tons)
Tunisia (18.5 tons)
Morocco (18.1 tons)

Railway Track Fixture Imports in Belgium

Railway track fixture imports into Belgium surged to 460 tons in 2022, growing by 16% against 2021. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, railway track fixture imports dropped to $11M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.

Import of Railway Track Fixture in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	1,995	2,082	1,299	2,326	5.3%
France	1,098	3,098	2,255	2,030	22.7%
Germany	2,093	2,095	1,724	1,765	-5.5%
Spain	283	196	401	1,308	66.6%
Czech Republic	770	721	883	626	-6.7%
United Kingdom	242	417	2,930	595	35.0%
Netherlands	879	369	307	568	-13.5%
United States	489	396	281	562	4.7%
Taiwan (Chinese)	N/A	N/A	55.1	539	878.2%
China	254	187	152	205	-6.9%
India	N/A	N/A	N/A	125	0%
Serbia	N/A	9.5	16.1	45.1	117.9%
Others	842	1,080	1,252	590	-11.2%
Total	8,946	10,651	11,555	11,283	8.0%

Top Suppliers of Railway Track Fixture to Belgium in 2022:

France (82.6 tons)
Spain (55.8 tons)
Germany (55.2 tons)
United Kingdom (52.1 tons)
Austria (35.7 tons)
United States (33.9 tons)
Netherlands (29.6 tons)
Taiwan (Chinese) (24.9 tons)
Czech Republic (22.7 tons)
Serbia (17.4 tons)
India (16.5 tons)
China (13.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the railway track fixture market in Belgium. 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 399900Z5 - Railway or tramway track fixtures and fittings (excluding sleepers of wood, concrete or steel, sections of track and other track fixtures not yet assembled and railway or tramway track construction material), mechanical, including electromechanical, signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields, parts of the foregoing
Prodcom 25992910 - Railway or tramway track fixtures and fittings and parts thereof
Prodcom 30204050 - Mechanical or electromechanical signalling, safety or traffic control equipment for roads, inland waterways, parking facilities, port installations or airfields
Prodcom 30204060 - Mechanical signalling, safety or traffic control equipment for railways or tramways, parts of mechanical (including electromechanical), signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
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