
Austria - Self-Propelled Railway or Tramway Coaches, Vans and Trucks - Market Analysis, Forecast, Size, Trends and Insights
Austria: Self-Propelled Railway Coach Market 2023
Self-Propelled Railway Coach Market Size in Austria
In 2021, the Austrian self-propelled railway coach market increased by 5.6% to $X, rising for the second year in a row after four years of decline. Overall, consumption continues to indicate a prominent increase. Self-propelled railway coach consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Self-Propelled Railway Coach Production in Austria
In value terms, self-propelled railway coach production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +5.3% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 23% against the previous year. Self-propelled railway coach production peaked at $X in 2020, and then dropped in the following year.
Self-Propelled Railway Coach Exports
Exports from Austria
For the third year in a row, Austria recorded growth in overseas shipments of railway or tramway coaches (self-propelled), which increased by 96% to X tons in 2021. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 140%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.
In value terms, self-propelled railway coach exports soared to $X in 2021. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 240%. The exports peaked in 2021 and are likely to continue growth in years to come.
Exports by Country
Germany (X tons) was the main destination for self-propelled railway coach exports from Austria, accounting for a 50% share of total exports. Moreover, self-propelled railway coach exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), threefold. Sweden (X tons) ranked third in terms of total exports with a 16% share.
From 2012 to 2021, the average annual growth rate of volume to Germany stood at +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+59.4% per year) and Sweden (+81.6% per year).
In value terms, Germany ($X) remains the key foreign market for railway or tramway coaches (self-propelled) exports from Austria, comprising 47% of total exports. The second position in the ranking was held by Hungary ($X), with a 19% share of total exports. It was followed by Sweden, with a 14% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+85.9% per year) and Sweden (+49.5% per year).
Export Prices by Country
The average self-propelled railway coach export price stood at $X per ton in 2021, growing by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 49%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Railway Coach Imports
Imports into Austria
In 2021, purchases abroad of railway or tramway coaches (self-propelled) increased by 464% to X tons, rising for the third year in a row after two years of decline. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,509%. Imports peaked in 2021 and are expected to retain growth in years to come.
In value terms, self-propelled railway coach imports surged to $X in 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2019 when imports increased by 1,991% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Switzerland (X tons) constituted the largest supplier of self-propelled railway coach to Austria, with a 76% share of total imports. Moreover, self-propelled railway coach imports from Switzerland exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland stood at +88.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+995.7% per year) and Germany (-17.4% per year).
In value terms, Switzerland ($X) constituted the largest supplier of railway or tramway coaches (self-propelled) to Austria, comprising 80% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland stood at +121.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1,382.8% per year) and Germany (-25.2% per year).
Import Prices by Country
The average self-propelled railway coach import price stood at $X per ton in 2021, with an increase of 10% against the previous year. In general, the import price continues to indicate a tangible increase. The pace of growth appeared the most rapid in 2019 an increase of 299%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the self-propelled railway coach market in Austria. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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