EU: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in the EU

The EU railway maintenance vehicle market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption continues to indicate a strong increase. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Railway Maintenance Vehicle Production in the EU

In value terms, railway maintenance vehicle production reduced to $X in 2022 estimated in export price. The total production indicated pronounced growth 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. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Railway Maintenance Vehicle Exports

Exports in the EU

In 2022, exports of railway or tramway maintenance or service vehicles in the European Union dropped rapidly to X units, declining by X% on the previous year. In general, exports recorded a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, railway maintenance vehicle exports dropped rapidly to $X in 2022. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

The biggest shipments were from Italy (X units), Austria (X units), Germany (X units) and Sweden (X units), together reaching X% of total export. It was distantly followed by Spain (X units) and France (X units), together committing a X% share of total exports. The following exporters - Poland (X units) and Belgium (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) emerged as the largest railway maintenance vehicle supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Austria totaled X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, showed a slight decrease. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, 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 Austria ($X,927 per unit), while Poland ($X per unit) was amongst the lowest.

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

Railway Maintenance Vehicle Imports

Imports in the EU

Railway maintenance vehicle imports was estimated at X units in 2022, stabilizing at the year before. Total imports indicated notable growth from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, railway maintenance vehicle imports rose to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the twelve major importers of railway or tramway maintenance or service vehicles, namely Belgium, Italy, Slovakia, Austria, Spain, Sweden, Germany, the Netherlands, France, Romania, Lithuania and Finland, represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and Sweden ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in the European Union amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 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 Sweden ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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