CIS: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in CIS

The CIS railway track fixture market amounted to $X in 2023, leveling off at the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Railway Track Fixture Production in CIS

In value terms, railway track fixture production totaled $X in 2023 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Railway Track Fixture Exports

Exports in CIS

In 2023, shipments abroad of railway or tramway track fixtures and fittings was finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway track fixture exports skyrocketed to $X in 2023. Over the period under review, exports, however, saw a deep contraction. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Belarus (X tons), committing a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of railway or tramway track fixtures and fittings. Belarus experienced a relatively flat trend pattern. From 2012 to 2023, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest railway track fixture supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Railway Track Fixture Imports

Imports in CIS

Railway track fixture imports soared to X tons in 2023, with an increase of X% on the previous year. Over the period under review, imports, however, saw a pronounced decrease. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, railway track fixture imports soared to $X in 2023. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of railway or tramway track fixtures and fittings, namely Belarus, Azerbaijan and Uzbekistan, represented more than two-thirds of total import. Russia (X tons) held the next position in the ranking, followed by Moldova (X tons) and Kazakhstan (X tons). All these countries together held near X% share of total imports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Armenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest railway track fixture importing markets in the CIS were Kazakhstan ($X), Russia ($X) and Belarus ($X), with a combined X% share of total imports. Azerbaijan, Uzbekistan, Moldova and Armenia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Armenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, which is down by X% against the previous year. Overall, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform