Report Update: Apr 1, 2024

Greece - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Steel Railway Material Price in Greece - 2023

Steel Railway Material Price in Greece (CIF) - 2022

In 2022, the average steel railway material import price amounted to $1,937 per ton, with a decrease of -12.8% against the previous year. In general, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, import price reached the peak level of $2,827 per ton. From 2015 to 2022, the average import prices remained 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 Spain ($6,630 per ton), while the price for France ($883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Railway Material Price in Greece (FOB) - 2022

In 2022, the average steel railway material export price amounted to $2,653 per ton, increasing by 19% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64% against the previous year. The export price peaked at $2,709 per ton in 2012; afterwards, it flattened through to 2022.

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 Romania ($3,613 per ton), while the average price for exports to Albania ($604 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 Belgium (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Railway Material Imports in Greece

In 2022, purchases abroad of railway material of steel increased by 49% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt shrinkage.

In value terms, steel railway material imports soared to $3.1M in 2022. Over the period under review, imports, however, saw a abrupt setback.

Import of Steel Railway Material in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	955	303	348	938	-0.6%
Austria	1,518	483	466	660	-24.2%
France	362	106	105	480	9.9%
Turkey	239	6.6	72.3	283	5.8%
Poland	668	653	463	209	-32.1%
Spain	601	485	262	174	-33.8%
Czech Republic	29.7	10.0	43.1	153	72.7%
Italy	93.7	120	318	119	8.3%
Others	153	557	325	114	-9.3%
Total	4,620	2,724	2,404	3,131	-12.2%

Top Suppliers of Steel Railway Material to Greece in 2022:

France (543.7 tons)
Germany (367.4 tons)
Turkey (179.0 tons)
Austria (170.8 tons)
Poland (107.8 tons)
Czech Republic (88.8 tons)
Italy (85.6 tons)
Spain (26.3 tons)

Steel Railway Material Exports in Greece

Steel railway material exports from Greece skyrocketed to 328 tons in 2022, rising by 35% compared with 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 49%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, steel railway material exports skyrocketed to $871K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 117%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Steel Railway Material in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	280	221	300	611	29.7%
Yemen	N/A	N/A	N/A	125	0%
Belgium	N/A	N/A	59.6	40.4	-32.2%
Romania	34.4	0.5	77.9	31.7	-2.7%
North Macedonia	N/A	1.0	N/A	17.9	323.1%
Albania	7.6	N/A	14.2	14.2	23.2%
France	N/A	N/A	N/A	11.8	0%
Cyprus	14.2	13.0	10.0	4.2	-33.4%
Bulgaria	22.5	7.2	0.1	3.6	-45.7%
Egypt	N/A	N/A	63.4	N/A	0%
Others	75.2	7.3	18.5	11.2	-47.0%
Total	434	250	544	871	26.1%

Top Export Markets for Steel Railway Material from Greece in 2022:

Germany (223.8 tons)
Yemen (37.1 tons)
Albania (23.5 tons)
Belgium (14.6 tons)
Romania (8.8 tons)
North Macedonia (8.0 tons)
France (5.9 tons)
Cyprus (1.3 tons)
Bulgaria (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel railway material market in Greece. 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 24107500 - Railway material (of steel)

Country coverage:

Greece

Data coverage:

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