Eastern Europe: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Eastern Europe

The East European railway track fixture market totaled $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Railway Track Fixture Production in Eastern Europe

In value terms, railway track fixture production contracted modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2022, and then shrank slightly in the following year.

Railway Track Fixture Exports

Exports in Eastern Europe

In 2023, after three years of decline, there was significant growth in shipments abroad of railway or tramway track fixtures and fittings, when their volume increased by X% to X tons. In general, exports, however, continue to indicate a noticeable curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, railway track fixture exports surged to $X in 2023. Over the period under review, exports, however, continue to indicate a perceptible contraction. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was near X% of total exports in 2023. Belarus (X tons) held the second position in the ranking, followed by Ukraine (X tons). All these countries together took near X% share of total exports. Bulgaria (X tons), Poland (X tons) and the Czech Republic (X tons) took a relatively small 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. At the same time, Bulgaria (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Belarus and Poland experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and Ukraine (X%) illustrated a downward trend over the same period. Russia (X p.p.), Bulgaria (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Ukraine saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Bulgaria ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

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

Railway Track Fixture Imports

Imports in Eastern Europe

In 2023, approx. X tons of railway or tramway track fixtures and fittings were imported in Eastern Europe; surging by X% compared with the previous year's figure. Overall, imports, however, recorded a noticeable reduction. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, railway track fixture imports surged to $X in 2023. In general, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Belarus (X tons) represented the largest importer of railway or tramway track fixtures and fittings, generating X% of total imports. Romania (X tons) ranks second in terms of the total imports with a X% share, followed by Russia (X%), Moldova (X%), Slovakia (X%) and Lithuania (X%). Bulgaria (X tons) held a minor share of total imports.

Imports into Belarus decreased at an average annual rate of X% from 2012 to 2023. At the same time, Moldova (X%), Romania (X%), Slovakia (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Lithuania (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Romania, Moldova, Slovakia and Bulgaria increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X), Russia ($X) and Belarus ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Romania, Bulgaria, Moldova and Lithuania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Moldova, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

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 Bulgaria ($X per ton), while Belarus ($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