Report Update: Apr 22, 2024

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

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Railway Track Fixture Price in India - 2023

Railway Track Fixture Price in India (FOB) - 2023

In June 2023, the average railway track fixture export price amounted to $4,237 per ton, growing by 32% against the previous month. Over the period under review, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, railway track fixture export price increased by +40.3% against March 2023 indices. The growth pace was the most rapid in August 2022 when the average export price increased by 58% against the previous month. Over the period under review, the average export prices attained the maximum at $5,069 per ton in October 2022; however, from November 2022 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($6,974 per ton), while the average price for exports to Bangladesh ($2,157 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Track Fixture Price in India (CIF) - 2022

The average railway track fixture import price stood at $6,597 per ton in 2022, dropping by -9.4% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 76%. The import price peaked at $34,260 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the UK ($24,585 per ton), while the price for China ($3,641 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.2%), while the prices for the other major suppliers experienced a decline.

Railway Track Fixture Exports in India

In 2022, railway track fixture exports from India reduced to 2.8K tons, leveling off at 2021. Over the period under review, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 114%. As a result, the exports attained the peak of 2.8K tons, leveling off in the following year.

In value terms, railway track fixture exports reduced to $13M in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, the exports attained the peak of $14M, and then declined in the following year.

Export of Railway Track Fixture in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	405	1,285	3,476	3,043	95.9%
Bangladesh	844	1,638	2,875	2,517	43.9%
United Kingdom	1,591	1,703	2,385	2,088	9.5%
Mozambique	471	712	1,687	1,477	46.4%
Ghana	814	16.7	665	582	-10.6%
South Africa	523	671	382	463	-4.0%
Mongolia	46.4	401	396	346	95.4%
Singapore	79.3	206	283	247	46.0%
Malaysia	465	185	16.7	199	-24.6%
Australia	249	43.0	217	190	-8.6%
United Arab Emirates	507	80.4	15.7	182	-28.9%
Turkey	322	N/A	N/A	N/A	0%
Others	1,613	939	1,638	1,341	-6.0%
Total	7,928	7,879	14,034	12,676	16.9%

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

United States (793.8 tons)
United Kingdom (762.2 tons)
Bangladesh (308.6 tons)
Mozambique (238.2 tons)
Ghana (118.4 tons)
Mongolia (95.4 tons)
Malaysia (56.3 tons)
Singapore (54.8 tons)
United Arab Emirates (54.0 tons)
Australia (43.4 tons)
South Africa (43.4 tons)

Railway Track Fixture Imports in India

In 2022, railway track fixture imports into India skyrocketed to 2.3K tons, with an increase of 84% against the year before. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway track fixture imports skyrocketed to $15M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Railway Track Fixture in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.6	4.6	3.3	4.9	10.8%
Germany	3.3	1.0	2.1	3.1	-2.1%
Spain	2.4	3.6	0.5	2.7	4.0%
Austria	0.1	1.4	1.3	1.8	162.1%
South Korea	0.5	0.3	0.1	0.4	-7.2%
Others	3.1	1.0	2.0	2.5	-6.9%
Total	13.0	12.0	9.2	15.4	5.8%

Top Suppliers of Railway Track Fixture to India in 2022:

China (1353.6 tons)
Germany (452.8 tons)
Austria (256.2 tons)
Spain (164.3 tons)
South Korea (43.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the railway track fixture market in India. 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:

India

Data coverage:

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