Global Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size

The global self-propelled railway coach market skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market remained at a lower figure.

Self-Propelled Railway Coach Production

In value terms, self-propelled railway coach production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

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Self-Propelled Railway Coach Exports

Exports

For the third consecutive year, the global market recorded growth in shipments abroad of railway or tramway coaches (self-propelled), which increased by X% to X units in 2023. Overall, total exports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled railway coach exports expanded sharply to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Belgium (X units) and China (X units) were the main exporters of railway or tramway coaches (self-propelled) in 2023, accounting for approx. X% and X% of total exports, respectively. South Korea (X units) ranks next in terms of the total exports with a X% share, followed by Slovakia (X%) and Spain (X%). Poland (X units), Switzerland (X units), the Czech Republic (X units), Germany (X units), Ireland (X units), Belarus (X units), Japan (X units) and the UK (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest self-propelled railway coach supplying countries worldwide were Spain ($X), China ($X) and South Korea ($X), together accounting for X% of global exports. Poland, Switzerland, Slovakia, the UK, the Czech Republic, Germany, Belarus, Japan, Belgium and Ireland lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2023, the average self-propelled railway coach export price amounted to $X,024 per unit, with a decrease of X% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X,480 per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat 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 Spain ($X,805 per unit), while Ireland ($X per unit) was amongst the lowest.

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

Self-Propelled Railway Coach Imports

Imports

In 2023, supplies from abroad of railway or tramway coaches (self-propelled) was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of global imports remained at a lower figure.

In value terms, self-propelled railway coach imports rose to $X in 2023. In general, imports, however, showed a mild slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Global imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, France (X units), distantly followed by the UK (X units), the United States (X units), Taiwan (Chinese) (X units) and Spain (X units) were the largest importers of railway or tramway coaches (self-propelled), together constituting X% of total imports. The following importers - Australia (X units), Poland (X units), Singapore (X units), Germany (X units), Sweden (X units), the Czech Republic (X units), Egypt (X units) and Nigeria (X units) - together made up X% of total imports.

France 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, Nigeria (X%), Spain (X%), Poland (X%), the United States (X%), Singapore (X%), the UK (X%), Taiwan (Chinese) (X%), the Czech Republic (X%), Egypt (X%) and Germany (X%) displayed positive paces of growth. By contrast, Sweden (X%) and Australia (X%) illustrated a downward trend over the same period. France (X p.p.), the UK (X p.p.), the United States (X p.p.), Spain (X p.p.), Taiwan (Chinese) (X p.p.), Poland (X p.p.), Singapore (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the global imports, while Sweden and Australia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X), Australia ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of global imports. Taiwan (Chinese), Poland, Egypt, Sweden, the Czech Republic, Singapore, Spain, the United States, Nigeria and France lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Spain, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average self-propelled railway coach import price stood at $X,971 per unit in 2023, which is down by X% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices hit record highs at $X,449 per unit in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X,319 per unit), while France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform