Estonia: Railway Goods Wagon Market 2020

Railway Goods Wagon Market Size in Estonia

The revenue of the railway goods wagon market in Estonia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, railway goods wagon consumption, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the railway goods wagon market reached its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Railway Goods Wagon Production in Estonia

In value terms, railway goods wagon production amounted to $X in 2018 estimated in export prices. In general, railway goods wagon production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, railway goods wagon production reached its peak figure level in 2018 and is likely to continue its growth in the near future.

Railway Goods Wagon Exports

Exports from Estonia

In 2018, the railway goods wagon exports from Estonia stood at X units, remaining relatively unchanged against the previous year. Overall, railway goods wagon exports, however, continue to indicate a dramatic decrease. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Estonia exports peaked at X units in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, railway goods wagon exports stood at $X in 2018. Over the period under review, railway goods wagon exports, however, continue to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, railway goods wagon exports reached their peak figure at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the six major exporters of railway or tramway goods vans and wagons (not self-propelled), namely Mexico, Malaysia, Ukraine, Russia, the U.S. and China, represented more than two-thirds of total export. Slovakia (X units) occupied a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest railway goods wagon supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Slovakia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2018, the railway goods wagon export price in Estonia amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the railway goods wagon export price, however, continues to indicate a significant shrinkage. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. In that year, the export prices for railway or tramway goods vans and wagons (not self-propelled) reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the export prices for railway or tramway goods vans and wagons (not self-propelled) remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Slovakia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports into Estonia

Railway goods wagon imports into Estonia amounted to X units in 2018, declining by -X% against the previous year. In general, railway goods wagon imports continue to indicate a measured curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Estonia imports peaked at X units in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, railway goods wagon imports totaled $X in 2018. Overall, railway goods wagon imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, railway goods wagon imports reached their peak figure at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Botswana (X units) represented the main importer of railway or tramway goods vans and wagons (not self-propelled), comprising X% of total imports. Russia (X units) occupied the second position in the ranking, distantly followed by Canada (X units) and Ukraine (X units). All these countries together occupied approx. X% share of total imports. Germany (X units), Slovakia (X units), Kazakhstan (X units), Kenya (X units), Mexico (X units) and Australia (X units) followed a long way behind the leaders.

Botswana was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) imports, with a CAGR of +X% from 2007 to 2018. At the same time, Kenya (+X%), Ukraine (+X%), Slovakia (+X%), Mexico (+X%), Australia (+X%) and Canada (+X%) displayed positive paces of growth. By contrast, Kazakhstan (-X%), Germany (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Botswana, Ukraine, Canada, Slovakia and Kenya increased by +X%, +X%, +X%, +X% and +X% percentage points, while Germany (-X p.p.) and Russia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X), Germany ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. Mexico, Kenya, Russia, Australia, Slovakia, Ukraine, Estonia and Botswana lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the railway goods wagon import price in Estonia amounted to $X per unit, growing by X% against the previous year. Overall, the railway goods wagon import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. In that year, the import prices for railway or tramway goods vans and wagons (not self-propelled) attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform