Middle East: Railway Track Fixture Market Overview 2020

Railway Track Fixture Exports

Exports in Middle East

In 2017, the amount of railway or tramway track fixtures and fittings exported in Middle East amounted to X units, jumping by X% against the previous year. The railway track fixture exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, railway track fixture exports amounted to $X in 2017. The railway track fixture exports continue to indicate a prominent growth. Over the period under review, the railway track fixture exports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Exports by Country

Turkey dominates railway track fixture exports structure, finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Syrian Arab Republic (X units), mixed up X% share of total exports. The United Arab Emirates (X units) followed a long way behind the leaders.

Turkey was also the fastest growing in terms of the railway or tramway track fixtures and fittings exports, with a CAGR of +X% from 2007 to 2017. At the same time, Syrian Arab Republic (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Syrian Arab Republic (-X%) and Turkey (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest railway track fixture supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Syrian Arab Republic ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, railway track fixture exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Syrian Arab Republic (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2017, the railway track fixture export price in Middle East amounted to $X per unit, growing by X% against the previous year. The railway track fixture export price continues to indicate a mild deduction. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. In that year, the export prices for railway or tramway track fixtures and fittings attained their peak level of $X per unit. From 2012 to 2017, growth of the export prices for railway or tramway track fixtures and fittings stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Railway Track Fixture Imports

Imports in Middle East

The imports amounted to X units in 2017, jumping by X% against the previous year. The railway track fixture imports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Over the period under review, the railway track fixture imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, railway track fixture imports stood at $X in 2017. The railway track fixture imports continue to indicate a pronounced setback. Over the period under review, the railway track fixture imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, the United Arab Emirates (X units) was the major importer for railway or tramway track fixtures and fittings, creating X% of total imports. Qatar (X units) ranks second in terms of the global imports with a X% share, followed by Saudi Arabia (X%) and Iran (X%). The following importers - Turkey (X units), Israel (X units) and Kuwait (X units) each recorded a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Qatar ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

In terms of the main importing countries, Qatar (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The railway track fixture import price in Middle East stood at $X per thousand units in 2017, going down by -X% against the previous year. The railway track fixture import price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per unit), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform