Hungary: Railway Sleeper Market Overview 2020

Railway Sleeper Market Size in Hungary

The revenue of the railway sleeper market in Hungary amounted to $X in 2018, going up by X% against the previous year. Over the period under review, railway sleeper consumption, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Railway sleeper consumption peaked at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Railway Sleeper Production in Hungary

In value terms, railway sleeper production amounted to $X in 2018 estimated in export prices. Overall, railway sleeper production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2012 when production volume increased by X% against the previous year. Railway sleeper production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Railway Sleeper Exports

Exports from Hungary

In 2018, the railway sleeper exports from Hungary totaled X cubic meters, shrinking by -X% against the previous year. Over the period under review, railway sleeper exports, however, continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, railway sleeper exports attained their maximum at X cubic meters in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, railway sleeper exports amounted to $X in 2018. Over the period under review, railway sleeper exports, however, continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, railway sleeper exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Germany (X cubic meters), the Netherlands (X cubic meters) and the Czech Republic (X cubic meters) were the main destinations of railway sleeper exports from Hungary, together accounting for X% 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 the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for railway sleeper exports from Hungary, comprising X% of total railway sleeper exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2018, the average railway sleeper export price amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the railway sleeper export price continues to indicate an extraordinary increase. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the average export prices for railway or tramway sleepers (cross-ties) of wood attained their maximum at $X per cubic meter in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Czech Republic ($X per cubic meter), while the average price for exports to the Netherlands ($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 the Czech Republic (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Railway Sleeper Imports

Imports into Hungary

Railway sleeper imports into Hungary amounted to X cubic meters in 2018, growing by X% against the previous year. In general, railway sleeper imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, railway sleeper imports attained their maximum at X cubic meters in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, railway sleeper imports totaled $X in 2018. In general, railway sleeper imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. In that year, railway sleeper imports reached their peak of $X. From 2015 to 2018, the growth of railway sleeper imports failed to regain its momentum.

Imports by Country

Romania (X cubic meters), Germany (X cubic meters) and France (X cubic meters) were the main suppliers of railway sleeper imports to Hungary, together comprising X% of total imports. Poland, the Czech Republic, Austria and Slovakia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and the Czech Republic ($X) were the largest railway sleeper suppliers to Hungary, with a combined X% share of total imports. These countries were followed by France, Germany, Austria and Slovakia, which together accounted for a further X the main suppliers, Austria (+X% per year) experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway sleeper import price stood at $X per cubic meter in 2018, picking up by X% against the previous year. In general, the railway sleeper import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2009 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per cubic meter), while the price for Slovakia ($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 Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform