Europe: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in Europe

The Europe self-propelled railway coach market stood at $X in 2023, picking up by X% against the previous year. The total consumption indicated temperate 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, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Self-Propelled Railway Coach Production in Europe

In value terms, self-propelled railway coach production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% 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 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Self-Propelled Railway Coach Exports

Exports in Europe

In 2023, shipments abroad of railway or tramway coaches (self-propelled) increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports posted tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled railway coach exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Belgium (X units) represented the major exporter of railway or tramway coaches (self-propelled), comprising X% of total exports. Slovakia (X units) took the second position in the ranking, followed by Spain (X units), Poland (X units), Switzerland (X units), the Czech Republic (X units) and Germany (X units). All these countries together took approx. X% share of total exports. The following exporters - Ireland (X units), Belarus (X units), the UK (X units), Italy (X units) and Austria (X units) - together made up X% of total exports.

Belgium 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, Ireland (X%), Slovakia (X%), the UK (X%), Belarus (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Switzerland experienced a relatively flat trend pattern. By contrast, Spain (X%), Italy (X%), Austria (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Slovakia (X p.p.), Ireland (X p.p.), Belarus (X p.p.) and the UK (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Italy (X p.p.), Austria (X p.p.), Switzerland (X p.p.), Spain (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X), Poland ($X) and Switzerland ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Slovakia, the UK, the Czech Republic, Germany, Austria, Belarus, Italy, Belgium and Ireland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X,019 per unit, with a decrease of X% against the previous year. In general, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price attained the peak level of $X,830 per unit. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X,576 per unit), while Ireland ($X per unit) was amongst the lowest.

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

Self-Propelled Railway Coach Imports

Imports in Europe

In 2023, purchases abroad of railway or tramway coaches (self-propelled) was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Over the period under review, imports saw tangible growth. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, self-propelled railway coach imports expanded markedly to $X in 2023. Overall, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

France was the major importing country with an import of about X units, which reached X% of total imports. The UK (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Poland (X%), Sweden (X%), Germany (X%) and the Czech Republic (X%). Latvia (X units), Romania (X units), Croatia (X units), Belgium (X units), Ireland (X units) and Switzerland (X units) took a little share of total imports.

France was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) imports, with a CAGR of X% from 2012 to 2023. At the same time, Latvia (X%), Spain (X%), Poland (X%), Ireland (X%), the UK (X%), Croatia (X%), the Czech Republic (X%), Romania (X%), Switzerland (X%) and Germany (X%) displayed positive paces of growth. By contrast, Sweden (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), the UK (X p.p.), Spain (X p.p.), Poland (X p.p.), Latvia (X p.p.), Croatia (X p.p.), the Czech Republic (X p.p.), Ireland (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Sweden (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported railway or tramway coaches (self-propelled) in Europe, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Poland, with an X% share.

In the UK, self-propelled railway coach imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X,524 per unit, with a decrease of X% against the previous year. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X,995 per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X,462 per unit), while France ($X per unit) was amongst the lowest.

From 2012 to 2023, 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