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China - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
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China: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in China

In 2020, the Chinese market for railway or tramway track construction material of iron or steel increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in China

In value terms, production of railway or tramway track construction material of iron or steel expanded sharply to $X in 2020 estimated in export prices. Overall, the total production indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from China

After two years of growth, shipments abroad of railway or tramway track construction material of iron or steel decreased by -X% to X tonnes in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, exports of railway or tramway track construction material of iron or steel fell significantly to $X in 2020. In general, exports, however, recorded mild growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic (X tonnes), Viet Nam (X tonnes) and Mongolia (X tonnes) were the main destinations of exports of railway or tramway track construction material of iron or steel from China, with a combined X% share of total exports. These countries were followed by the U.S., Malaysia, Guinea, Indonesia, New Zealand, Brazil, South Korea, Australia, Bangladesh and South Africa, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guinea (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron and steel railway construction materials exported from China were Lao People's Democratic Republic ($X), the U.S. ($X) and Viet Nam ($X), with a combined X% share of total exports. These countries were followed by Mongolia, Malaysia, Indonesia, New Zealand, Guinea, South Korea, Brazil, Australia, Bangladesh and South Africa, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into China

In 2020, the amount of railway or tramway track construction material of iron or steel imported into China soared to X tonnes, growing by X% against the previous year. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. from 2010 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel soared to $X in 2020. Over the period under review, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2010 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, Russia (X tonnes) constituted the largest supplier of iron and steel railway construction materials to China, accounting for a X% share of total imports. Moreover, imports of railway or tramway track construction material of iron or steel from Russia exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), fourfold. Luxembourg (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-X% per year) and Luxembourg (-X% per year).

In value terms, Germany ($X), Austria ($X) and Russia ($X) constituted the largest iron and steel railway construction materials suppliers to China, together comprising X% of total imports. These countries were followed by Luxembourg, Spain, Poland and Turkey, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for railway or tramway track construction material of iron or steel stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track construction material of iron or steel in the world?
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The country with the largest volume of consumption of railway or tramway track construction material of iron or steel was China (6M tonnes), accounting for 33% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest consumer, Russia (1.5M tonnes), fourfold. The third position in this ranking was occupied by the U.S. (1.2M tonnes), with a 6.7% share.
What are the largest producers of railway or tramway track construction material of iron or steel in the world?
+
The country with the largest volume of production of railway or tramway track construction material of iron or steel was China (6.3M tonnes), comprising approx. 35% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Russia (1.5M tonnes), fourfold. The third position in this ranking was occupied by the U.S. (1.3M tonnes), with a 7% share.
What are the leading suppliers of railway or tramway track construction material of iron or steel to China?
+
In value terms, Germany ($12M), Austria ($8.2M) and Russia ($6.2M) were the largest iron and steel railway construction materials suppliers to China, together comprising 62% of total imports. Luxembourg, Spain, Poland and Turkey lagged somewhat behind, together comprising a further 28%.
What are the leading importers of railway or tramway track construction material of iron or steel from China?
+
In value terms, the largest markets for iron and steel railway construction materials exported from China were Lao People's Democratic Republic ($45M), the U.S. ($35M) and Viet Nam ($29M), with a combined 34% share of total exports. These countries were followed by Mongolia, Malaysia, Indonesia, New Zealand, Guinea, South Korea, Brazil, Australia, Bangladesh and South Africa, which together accounted for a further 44%.
What is the average export price for railway or tramway track construction material of iron or steel in China?
+
In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $858 per tonne, with a decrease of -8.5% against the previous year.
What is the average import price for railway or tramway track construction material of iron or steel in China?
+
In 2020, the average import price for railway or tramway track construction material of iron or steel amounted to $1,132 per tonne, waning by -46.2% against the previous year.

Product coverage:
• Prodcom 24107500 - Railway material (of steel)

This report provides an in-depth analysis of the market for iron and steel railway construction materials in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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