Report Update: Apr 22, 2024

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

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Railway Track Fixture Price in Turkey - 2023

Railway Track Fixture Price in Turkey (FOB) - 2022

In 2022, the average railway track fixture export price amounted to $5,220 per ton, declining by -21% against the previous year. Overall, the export price showed a slight contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34%. Over the period under review, the average export prices attained the maximum at $9,084 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($10,057 per ton), while the average price for exports to Saudi Arabia ($3,373 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 South Korea (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Track Fixture Price in Turkey (CIF) - 2023

The average railway track fixture import price stood at $15,721 per ton in July 2023, reducing by -58.3% against the previous month. Overall, the import price, however, showed a remarkable increase. The growth pace was the most rapid in September 2022 an increase of 338% against the previous month. As a result, import price reached the peak level of $43,358 per ton. From October 2022 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($92,692 per ton), while the price for China ($5,053 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Railway Track Fixture Exports in Turkey

In 2022, approx. 3.4K tons of railway or tramway track fixtures and fittings were exported from Turkey; rising by 114% against 2021 figures. Over the period under review, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway track fixture exports soared to $18M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Railway Track Fixture in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	3.4	2.7	N/A	4.0	5.6%
Qatar	0.2	0.4	2.0	3.4	157.1%
Italy	2.7	1.7	2.4	2.5	-2.5%
United Arab Emirates	0.2	1.8	1.1	1.7	104.1%
Germany	0.5	N/A	0.3	1.2	33.9%
Iraq	0.3	0.7	0.6	0.5	18.6%
Russia	N/A	N/A	N/A	0.5	0%
Indonesia	0.1	N/A	0.3	0.4	58.7%
Kuwait	1.8	0.4	0.4	0.3	-45.0%
Jordan	0.3	0.2	0.5	0.1	-30.7%
Others	2.0	2.7	2.9	3.2	17.0%
Total	11.6	10.6	10.5	17.7	15.1%

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

Saudi Arabia (1181.5 tons)
Qatar (524.1 tons)
Italy (400.6 tons)
United Arab Emirates (381.8 tons)
Germany (168.8 tons)
Indonesia (79.3 tons)
Iraq (76.6 tons)
Kuwait (69.8 tons)
Russia (51.3 tons)
Jordan (18.8 tons)

Railway Track Fixture Imports in Turkey

Railway track fixture imports into Turkey skyrocketed to 500 tons in 2022, jumping by 96% against the previous year's figure. In general, imports, however, recorded a abrupt decline.

In value terms, railway track fixture imports skyrocketed to $7.3M in 2022. Overall, imports, however, recorded a deep setback.

Import of Railway Track Fixture in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	3.7	1.7	0.2	1.9	-19.9%
Austria	1.2	1.0	0.4	1.5	7.7%
Italy	1.2	1.4	1.0	1.2	0.0%
Germany	0.9	11.8	0.9	1.0	3.6%
China	0.6	0.6	0.5	0.7	5.3%
Czech Republic	N/A	0.1	N/A	0.5	123.6%
France	1.3	1.0	0.4	0.2	-46.4%
United Arab Emirates	1.0	N/A	N/A	N/A	0%
Others	0.8	0.2	0.5	0.3	-27.9%
Total	10.8	17.9	3.9	7.3	-12.2%

Top Suppliers of Railway Track Fixture to Turkey in 2022:

China (150.4 tons)
Italy (146.9 tons)
Spain (102.1 tons)
Germany (36.5 tons)
Austria (34.3 tons)
Czech Republic (17.1 tons)
France (3.2 tons)

Source: IndexBox Market Intelligence Platform

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

Turkey

Data coverage:

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