Iceland: Railway Construction Market 2020

Railway Construction Market Size in Iceland

The revenue of the railway construction market in Iceland amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the railway construction market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Railway Construction Production in Iceland

In value terms, railway construction production amounted to $X in 2018 estimated in export prices. In general, the total output indicated prominent growth from 2007 to 2018: 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. The pace of growth was the most pronounced in 2018 when production volume increased by X% year-to-year. In that year, railway construction production reached its peak level and is likely to continue its growth in the immediate term.

Railway Construction Exports

Exports from Iceland

In 2018, the exports of railway or tramway track construction material of iron or steel from Iceland totaled X tons, surging by X% against the previous year. In general, railway construction exports, however, continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Iceland exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, railway construction exports stood at $X in 2018. Over the period under review, railway construction exports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the three major exporters of railway or tramway track construction material of iron or steel, namely Ukraine, Japan and Austria, represented more than third of total export. It was distantly followed by the Czech Republic (X tons), China (X tons), Poland (X tons), the U.S. (X tons) and Spain (X tons), together generating a X% share of total exports. Russia (X tons), the UK (X tons), Turkey (X tons) and Luxembourg (X tons) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Austria ($X) and Japan ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

Ukraine recorded the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The railway construction export price in Iceland stood at $X per ton in 2018, growing by X% against the previous year. Overall, the railway construction export price continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by X% year-to-year. Iceland export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Luxembourg ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Railway Construction Imports

Imports into Iceland

Railway construction imports into Iceland stood at X tons in 2018, picking up by X% against the previous year. In general, railway construction imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. In that year, railway construction imports reached their peak of X tons. From 2010 to 2018, the growth of railway construction imports remained at a somewhat lower figure.

In value terms, railway construction imports amounted to $X in 2018. Over the period under review, railway construction imports continue to indicate noticeable growth. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Iceland imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Russia (X tons), distantly followed by Germany (X tons), Canada (X tons) and the U.S. (X tons) represented the largest importers of railway or tramway track construction material of iron or steel, together mixing up X% of total imports. The following importers - Iran (X tons), Brazil (X tons), Italy (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons), France (X tons) and Thailand (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction importing markets into Iceland were Russia ($X), Germany ($X) and Canada ($X), together comprising X% of total imports.

Russia recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the railway construction import price in Iceland amounted to $X per ton, going up by X% against the previous year. In general, the railway construction import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. In that year, the import prices for railway or tramway track construction material of iron or steel attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform