Greece: Railway Sleeper Market Overview 2020

Railway Sleeper Market Size in Greece

The revenue of the railway sleeper market in Greece amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, railway sleeper consumption continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Over the period under review, the railway sleeper market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Railway Sleeper Production in Greece

In value terms, railway sleeper production stood at $X in 2018 estimated in export prices. Over the period under review, railway sleeper production continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, railway sleeper production reached its peak level of $X. From 2009 to 2018, railway sleeper production growth failed to regain its momentum.

Railway Sleeper Exports

Exports from Greece

In 2018, approx. X cubic meters of railway or tramway sleepers (cross-ties) of wood were exported from Greece; declining by -X% against the previous year. Over the period under review, railway sleeper exports continue to indicate a measured downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. In that year, railway sleeper exports attained their peak of X cubic meters. From 2016 to 2018, the growth of railway sleeper exports remained at a somewhat lower figure.

In value terms, railway sleeper exports amounted to $X in 2018. In general, railway sleeper exports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Albania (X cubic meters) was the main destination for railway sleeper exports from Greece, accounting for a X% share of total exports. Moreover, railway sleeper exports to Albania exceeded the volume sent to the second major destination, Israel (X cubic meters), threefold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Albania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Bulgaria (+X% per year).

In value terms, Albania ($X), Israel ($X) and Bulgaria ($X) constituted the largest markets for railway sleeper exported from Greece worldwide, with a combined X% share of total exports.

Albania recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average railway sleeper export price amounted to $X per cubic meter, going up by X% against the previous year. In general, the railway sleeper export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the average export prices for railway or tramway sleepers (cross-ties) of wood attained their peak level of $X per cubic meter. From 2009 to 2018, the growth in terms of the average export prices for railway or tramway sleepers (cross-ties) of wood remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per cubic meter), while the average price for exports to Bulgaria ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Albania, while the prices for the other major destinations experienced mixed trend patterns.

Railway Sleeper Imports

Imports into Greece

In 2018, approx. X cubic meters of railway or tramway sleepers (cross-ties) of wood were imported into Greece; picking up by X% against the previous year. Over the period under review, railway sleeper imports continue to indicate resilient growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, railway sleeper imports totaled $X in 2018. In general, railway sleeper imports continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

Bulgaria (X cubic meters), Turkey (X cubic meters) and Romania (X cubic meters) were the main suppliers of railway sleeper imports to Greece, together accounting for X% of total imports. These countries were followed by Germany and the Netherlands, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) constituted the largest supplier of railway sleeper to Greece, comprising X% of total railway sleeper imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Romania totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Bulgaria (+X% per year).

Import Prices by Country

The average railway sleeper import price stood at $X per cubic meter in 2018, stabilizing at the previous year. Overall, the import price indicated a slight increase from 2007 to 2018: its price 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 2018 figures, railway sleeper import price decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the average import prices for railway or tramway sleepers (cross-ties) of wood attained their peak figure at $X per cubic meter in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Romania ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform