Italy: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in Italy

In 2022, the Italian self-propelled railway coach market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate buoyant growth. Self-propelled railway coach consumption peaked at $X in 2021, and then fell dramatically in the following year.

Self-Propelled Railway Coach Production in Italy

In value terms, self-propelled railway coach production shrank rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then contracted dramatically in the following year.

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Self-Propelled Railway Coach Exports

Exports from Italy

In 2022, the amount of railway or tramway coaches (self-propelled) exported from Italy surged to X units, rising by X% on the previous year's figure. Over the period under review, exports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, self-propelled railway coach exports soared to $X in 2022. Overall, exports enjoyed notable growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for self-propelled railway coach exports from Italy, with a X% share of total exports. Moreover, self-propelled railway coach exports to Spain exceeded the volume sent to the second major destination, Greece (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and India (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for railway or tramway coaches (self-propelled) exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Greece ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average self-propelled railway coach export price amounted to $X,236 per unit, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X,248 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X,227 per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Railway Coach Imports

Imports into Italy

In 2022, imports of railway or tramway coaches (self-propelled) into Italy surged to X units, increasing by X% on the previous year's figure. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled railway coach imports skyrocketed to $X in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Switzerland (X units) was the main supplier of self-propelled railway coach to Italy, with a X% share of total imports. Moreover, self-propelled railway coach imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of railway or tramway coaches (self-propelled) to Italy, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

The average self-propelled railway coach import price stood at $X,969 per unit in 2022, surging by X% against the previous year. In general, the import price saw a significant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X,295 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X,701 per unit), while the price for Spain ($X per unit) 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 mixed trend patterns.

Source: IndexBox Platform

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