Italy: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in Italy

The Italian railway passenger coach market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Railway passenger coach consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Railway Passenger Coach Production in Italy

In value terms, railway passenger coach production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt descent. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Railway Passenger Coach Exports

Exports from Italy

Railway passenger coach exports from Italy reduced notably to X units in 2022, waning by X% against 2021 figures. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, railway passenger coach exports declined significantly to $X in 2022. Overall, exports saw a sharp descent. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for railway passenger coach exports from Italy, with a X% share of total exports. Moreover, railway passenger coach exports to Turkey exceeded the volume sent to the second major destination, India (X units), fourfold. The third position in this ranking was taken by the United States (X units), with an X% share.

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

In value terms, the United States ($X) remains the key foreign market for railway or tramway passenger coaches (not self-propelled) exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by India, with a X% share.

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

Export Prices by Country

In 2022, the average railway passenger coach export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price saw a precipitous slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X,298 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 India (X%), while the prices for the other major destinations experienced a decline.

Railway Passenger Coach Imports

Imports into Italy

In 2022, the amount of railway or tramway passenger coaches (not self-propelled) imported into Italy skyrocketed to X units, with an increase of X% against the previous year's figure. Overall, imports, however, recorded a deep reduction. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, railway passenger coach imports dropped rapidly to $X in 2022. In general, imports, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of railway passenger coach to Italy, accounting for a X% share of total imports. Moreover, railway passenger coach imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

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

In value terms, France ($X) constituted the largest supplier of railway or tramway passenger coaches (not self-propelled) to Italy, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Japan (X% per year).

Import Prices by Country

The average railway passenger coach import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X,589 per unit in 2021, and then declined rapidly in the following year.

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 France ($X,728 per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform