CIS: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in CIS

In 2023, the CIS self-propelled railway coach market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, consumption, however, continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Self-Propelled Railway Coach Production in CIS

In value terms, self-propelled railway coach production rose rapidly to $X in 2023 estimated in export price. The total production indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. 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 pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Self-Propelled Railway Coach Exports

Exports in CIS

In 2023, overseas shipments of railway or tramway coaches (self-propelled) decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, enjoyed a mild expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2022, and then fell in the following year.

In value terms, self-propelled railway coach exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate perceptible growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Belarus represented the key exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Russia (X units), comprising a X% share of total exports. Kazakhstan (X units) took a relatively small share of total exports.

Belarus was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) exports, with a CAGR of X% from 2012 to 2023. At the same time, Kazakhstan (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2023, 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, Belarus ($X) remains the largest self-propelled railway coach supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

In Belarus, self-propelled railway coach exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Russia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X,983 per unit in 2023, surging by X% against the previous year. Export price indicated a slight increase from 2012 to 2023: its price 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, self-propelled railway coach export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X,789 per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X,788 per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Self-Propelled Railway Coach Imports

Imports in CIS

In 2023, the amount of railway or tramway coaches (self-propelled) imported in the CIS surged to X units, jumping by X% on the previous year. In general, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, self-propelled railway coach imports skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Azerbaijan (X units), Russia (X units) and Kazakhstan (X units) represented the key importer of railway or tramway coaches (self-propelled) in the CIS, creating X% of total import. It was distantly followed by Belarus (X units), creating a X% share of total imports. Armenia (X units) took a minor share of total imports.

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

In value terms, Kazakhstan ($X), Azerbaijan ($X) and Russia ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X,865 per unit in 2023, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X,635 per unit in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X,655 per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform