Spain: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in Spain

The Spanish railway passenger coach market amounted to $X in 2022, approximately equating the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2017 indices. Railway passenger coach consumption peaked in 2022 and is likely to continue growth in the near future.

Railway Passenger Coach Production in Spain

In value terms, railway passenger coach production stood at $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Railway Passenger Coach Exports

Exports from Spain

In 2022, shipments abroad of railway or tramway passenger coaches (not self-propelled) increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a mild decline. 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 remained at a somewhat lower figure.

In value terms, railway passenger coach exports skyrocketed to $X in 2022. In general, exports, however, saw a pronounced slump. 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. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Egypt (X units) was the main destination for railway passenger coach exports from Spain, with a X% share of total exports. It was followed by Ghana (X units), with a X% share of total exports. The third position in this ranking was held by Bulgaria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Bulgaria (X% per year).

In value terms, Egypt ($X) emerged as the key foreign market for railway or tramway passenger coaches (not self-propelled) exports from Spain, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

Export Prices by Country

The average railway passenger coach export price stood at $X,956 per unit in 2022, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X,976 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X,900 per unit), while the average price for exports to Democratic Republic of the Congo ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Passenger Coach Imports

Imports into Spain

For the third year in a row, Spain recorded growth in overseas purchases of railway or tramway passenger coaches (not self-propelled), which increased by X% to X units in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, railway passenger coach imports skyrocketed to $X in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, France (X units) constituted the largest supplier of railway passenger coach to Spain, accounting for a X% share of total imports. Moreover, railway passenger coach imports from France exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold. The third position in this ranking was held by Norway (X units), with an X% share.

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

In value terms, the largest railway passenger coach suppliers to Spain were France ($X), Germany ($X) and Belgium ($X), together comprising X% of total imports.

Among the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway passenger coach import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X,116 per unit), while the price for Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform