MERCOSUR: Railway Track Fixture Market 2024

Railway Track Fixture Exports

Exports in MERCOSUR

In 2023, overseas shipments of railway or tramway track fixtures and fittings decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, railway track fixture exports amounted to $X in 2023. Overall, exports showed a perceptible setback. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Argentina (X tons), Chile (X tons) and Ecuador (X tons), together generating a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to railway track fixture exports from Brazil stood at X%. At the same time, Ecuador (X%), Chile (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. While the share of Argentina (X p.p.), Chile (X p.p.) and Ecuador (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X), Argentina ($X) and Chile ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the export price figures.

Railway Track Fixture Imports

Imports in MERCOSUR

In 2023, railway track fixture imports in MERCOSUR shrank remarkably to X tons, which is down by X% on the previous year's figure. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2022 with an increase of X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, railway track fixture imports reduced to $X in 2023. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons), Argentina (X tons) and Uruguay (X tons) represented the key importer of railway or tramway track fixtures and fittings in MERCOSUR, creating X% of total import. Chile (X tons) took the next position in the ranking, followed by Colombia (X tons). All these countries together took approx. X% share of total imports. The following importers - Peru (X tons) and Ecuador (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Uruguay (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported railway or tramway track fixtures and fittings in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, railway track fixture imports shrank by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, growing by X% against the previous year. Import price indicated measured growth from 2012 to 2023: its price 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. Based on 2023 figures, railway track fixture import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform