China: Railway Sleeper Market 2024

Railway Sleeper Market Size in China

The Chinese railway sleeper market stood at less than $X in 2022, flattening at the previous year. In general, consumption, however, posted a temperate increase. Railway sleeper consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Railway Sleeper Production in China

In value terms, railway sleeper production stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible slump. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Railway Sleeper Exports

Exports from China

In 2016, the amount of railway or tramway sleepers (cross-ties) of wood exported from China shrank significantly to X cubic meters, declining by X% compared with the previous year's figure. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X cubic meters. From 2015 to 2016, the growth of the exports remained at a somewhat lower figure.

In value terms, railway sleeper exports declined markedly to $X in 2016. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X cubic meters), Vietnam (X cubic meters) and Japan (X cubic meters) were the main destinations of railway sleeper exports from China, with a combined X% share of total exports. Kenya, Pakistan, Egypt, Iraq, Timor-Leste, the Philippines, the United Arab Emirates and Bangladesh lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway sleeper exported from China were Taiwan (Chinese) ($X), Vietnam ($X) and Pakistan ($X), together comprising X% of total exports.

In terms of the main countries of destination, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average railway sleeper export price stood at $X per cubic meter in 2016, with a decrease of X% against the previous year. Over the last four years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2015, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Pakistan ($X per cubic meter), while the average price for exports to Timor-Leste ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Sleeper Imports

Imports into China

Railway sleeper imports into China fell dramatically to X cubic meters in 2016, reducing by X% compared with the previous year. Over the period under review, imports saw a precipitous shrinkage. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2015 to 2016, the growth of imports remained at a lower figure.

In value terms, railway sleeper imports dropped dramatically to $X in 2016. Overall, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

In 2016, Democratic People's Republic of Korea (X cubic meters) constituted the largest supplier of railway sleeper to China, with a X% share of total imports. Moreover, railway sleeper imports from Democratic People's Republic of Korea exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fivefold.

From 2012 to 2016, the average annual growth rate of volume from Democratic People's Republic of Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Russia (X% per year).

In value terms, Democratic People's Republic of Korea ($X) constituted the largest supplier of railway or tramway sleepers (cross-ties) of wood to China, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of value from Democratic People's Republic of Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Russia (X% per year).

Import Prices by Country

The average railway sleeper import price stood at $X per cubic meter in 2016, with an increase of X% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked in 2016 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Democratic People's Republic of Korea ($X per cubic meter), while the price for Russia ($X per cubic meter) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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