Greece: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Greece

After two years of growth, the Greek railway track fixture market decreased by X% to $X in 2022. Overall, consumption, however, enjoyed a strong increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Railway Track Fixture Exports

Exports from Greece

In 2022, approx. X tons of railway or tramway track fixtures and fittings were exported from Greece; picking up by X% compared with 2021. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, railway track fixture exports declined rapidly to $X in 2022. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for railway track fixture exports from Greece, accounting for a X% share of total exports. Moreover, railway track fixture exports to Italy exceeded the volume sent to the second major destination, Cyprus (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for railway or tramway track fixtures and fittings exports from Greece, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average railway track fixture export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price faced a sharp decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%).

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Railway Track Fixture Imports

Imports into Greece

In 2022, after two years of growth, there was significant decline in supplies from abroad of railway or tramway track fixtures and fittings, when their volume decreased by X% to X tons. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, railway track fixture imports fell rapidly to $X in 2022. Over the period under review, imports, however, saw a temperate increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of railway track fixture to Greece, accounting for a X% share of total imports. Moreover, railway track fixture imports from the UK exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Italy (X% per year).

In value terms, the largest railway track fixture suppliers to Greece were Italy ($X), Sweden ($X) and the UK ($X), together accounting for X% of total imports. France, Austria, Germany, China, Romania and Spain lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway track fixture import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK ($X per ton) 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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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