Greece: Railway Construction Market Overview 2020

Railway Construction Market Size in Greece

The revenue of the railway construction market in Greece amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, railway construction consumption continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the railway construction market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Railway Construction Exports

Exports from Greece

In 2018, approx. X tonnes of railway or tramway track construction material of iron or steel were exported from Greece; surging by X% against the previous year. In general, railway construction exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, railway construction exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, railway construction exports totaled $X in 2018. Overall, railway construction exports continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, railway construction exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Bulgaria (X tonnes), Israel (X tonnes) and Algeria (X tonnes) were the main destinations of railway construction exports from Greece, with a combined X% share of total exports.

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

In value terms, the largest markets for railway construction exported from Greece were Bulgaria ($X), Israel ($X) and Mexico ($X), together comprising X% of total exports. These countries were followed by Algeria, Poland, Switzerland, Norway, the Netherlands, Egypt, Morocco, Romania and the UK, which together accounted for a further X (+X% per year) recorded the highest growth rate of exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average railway construction export price stood at $X per tonne in 2018, going down by -X% against the previous year. Overall, the railway construction export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Poland ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Railway Construction Imports

Imports into Greece

In 2018, approx. X tonnes of railway or tramway track construction material of iron or steel were imported into Greece; dropping by -X% against the previous year. Over the period under review, railway construction imports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, railway construction imports amounted to $X in 2018. In general, railway construction imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, railway construction imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Spain (X tonnes), Russia (X tonnes) and Austria (X tonnes) were the main suppliers of railway construction imports to Greece, together accounting for X% of total imports. These countries were followed by France, Germany, Poland, Romania and Turkey, 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 Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), France ($X) and Spain ($X) appeared to be the largest railway construction suppliers to Greece, together accounting for X% of total imports.

Among the main suppliers, France experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway construction import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the import price indicated a prominent expansion 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 construction import price decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average import prices for railway or tramway track construction material of iron or steel reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for railway or tramway track construction material of iron or steel 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 Germany ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform