Northern America: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in Northern America

The North American self-propelled railway coach market surged to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption posted a significant expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Self-Propelled Railway Coach Production in Northern America

In value terms, self-propelled railway coach production totaled $X in 2023 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2023, production remained at a lower figure.

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Self-Propelled Railway Coach Exports

Exports in Northern America

Self-propelled railway coach exports was estimated at X units in 2023, remaining relatively unchanged against the year before. Over the period under review, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, self-propelled railway coach exports shrank modestly to $X in 2023. In general, exports showed a slight downturn. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, the United States (X units) represented the main exporter of railway or tramway coaches (self-propelled), comprising X% of total exports. It was distantly followed by Canada (X units), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to self-propelled railway coach exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest self-propelled railway coach supplying countries in Northern America were Canada ($X) and the United States ($X).

Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X,157 per unit, with a decrease of X% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X,068 per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X,485 per unit), while the United States stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Self-Propelled Railway Coach Imports

Imports in Northern America

In 2023, the amount of railway or tramway coaches (self-propelled) imported in Northern America skyrocketed to X units, rising by X% against 2022 figures. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, self-propelled railway coach imports surged to $X in 2023. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

The United States was the key importer of railway or tramway coaches (self-propelled) in Northern America, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Canada (X units), comprising an X% share of total imports.

The United States was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) imports, with a CAGR of X% from 2012 to 2023. At the same time, Canada (X%) displayed positive paces of growth. From 2012 to 2023, the share of the United States increased by X percentage points.

In value terms, the largest self-propelled railway coach importing markets in Northern America were Canada ($X) and the United States ($X).

In terms of the main importing countries, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X,038 per unit in 2012; however, from 2013 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 Canada ($X,999 per unit), while the United States totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform