CIS: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in CIS

The CIS railway maintenance vehicle market declined to $X in 2022, dropping by X% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Railway Maintenance Vehicle Production in CIS

In value terms, railway maintenance vehicle production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Railway Maintenance Vehicle Exports

Exports in CIS

In 2022, overseas shipments of railway or tramway maintenance or service vehicles increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, railway maintenance vehicle exports surged to $X in 2022. Overall, exports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X units) was the main exporter of railway or tramway maintenance or service vehicles, achieving X% of total exports. It was distantly followed by Armenia (X units) and Belarus (X units), together achieving a X% share of total exports. Kazakhstan (X units), Kyrgyzstan (X units) and Moldova (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to railway maintenance vehicle exports from Russia stood at X%. At the same time, Armenia (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Kyrgyzstan and Moldova experienced a relatively flat trend pattern. By contrast, Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Armenia (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest railway maintenance vehicle supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

In Russia, railway maintenance vehicle exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Armenia (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price showed a mild slump. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Railway Maintenance Vehicle Imports

Imports in CIS

In 2022, purchases abroad of railway or tramway maintenance or service vehicles increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, railway maintenance vehicle imports amounted to $X in 2022. Overall, imports, however, showed a deep slump. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X units), Belarus (X units) and Russia (X units), together making up a X% share of total imports. The following importers - Armenia (X units), Kyrgyzstan (X units) and Moldova (X units) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to railway maintenance vehicle imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Kyrgyzstan and Armenia experienced a relatively flat trend pattern. By contrast, Moldova (X%), Belarus (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported railway or tramway maintenance or service vehicles in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Russia, with an X% share.

In Kazakhstan, railway maintenance vehicle imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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