Russian Federation: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in the Russian Federation

The Russian railway goods wagon market rose significantly to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a prominent increase. Railway goods wagon consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Railway Goods Wagon Production in the Russian Federation

In value terms, railway goods wagon production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Railway Goods Wagon Exports

Exports from the Russian Federation

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported from Russia declined notably to X units, dropping by X% on the year before. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, railway goods wagon exports fell notably to $X in 2022. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for railway goods wagon exports from Russia, accounting for a X% share of total exports. Moreover, railway goods wagon exports to Kazakhstan exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was taken by Kyrgyzstan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Kyrgyzstan (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for railway or tramway goods vans and wagons (not self-propelled) exports from Russia, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The average railway goods wagon export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Belarus ($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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports into the Russian Federation

In 2022, approx. X units of railway or tramway goods vans and wagons (not self-propelled) were imported into Russia; with a decrease of X% on 2021 figures. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, railway goods wagon imports fell dramatically to $X in 2022. Over the period under review, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belarus (X units), Mongolia (X units) and Ukraine (X units) were the main suppliers of railway goods wagon imports to Russia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) constituted the largest supplier of railway or tramway goods vans and wagons (not self-propelled) to Russia, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the average railway goods wagon import price amounted to $X per unit, falling by X% against the previous year. In general, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Ukraine ($X per unit), while the price for Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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