France, Italy and Austria are the engines of the European rail market

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IndexBox has just released a new report: “EU – Railway or Tramway Construction Materials of Iron or Steel – Market Analysis, Forecast, Size, Trends and Outlook”. Here is a summary of the main findings of the report.In 2019, the European market for iron or steel rail or tramway construction materials grew 1.9% to $ 3.1 billion, up for the third year in a row after two years of decline. Overall, consumption continues to indicate a relatively stable trend. The highest growth rate was recorded in 2017 with an increase of 9% compared to the previous year. During the period under review, the market reached record highs of $ 3.7 billion in 2008; however, from 2009 to 2019 consumption remained at a lower level.

Consumption by country

The countries with the highest consumption volumes of iron or steel railway or tramway construction materials in 2019 were France (463,000 tonnes), Italy (434,000 tonnes) and Germany (369,000 tonnes) , together representing 40% of total consumption. These countries were followed by the United Kingdom, Poland, Austria, Spain, the Netherlands, Romania, Belgium, the Czech Republic and Luxembourg, which together account for an additional 52%.

From 2007 to 2019, the most notable growth rate in terms of consumption of iron or steel railway or tramway construction materials, among the main consuming countries, was achieved by France, Italy and France. Austria, while the consumption of railways or tram and iron or steel building materials for the other leaders have experienced more modest growth rates.

In terms of value, the largest markets for iron and steel rail construction materials in the European Union were France ($ 601 million), Italy ($ 506 million) and Germany ($ 333 million). dollars), together accounting for 47% of the total market. These countries were followed by Spain, Austria, Poland, the Netherlands, Romania, Belgium, Luxembourg, the Czech Republic and the United Kingdom, which together account for an additional 43%.

In 2019, the highest levels of per capita consumption of iron or steel railway or tram construction materials were recorded in Luxembourg (108 kg per person), followed by Austria (30 kg per person) , Belgium (9.15 kg per person) and the Netherlands (8.78 kg per person), while the world average per capita consumption of iron and steel building materials for railways was estimated at 6 , 13 kg per person.

From 2007 to 2019, the average annual growth rate of per capita consumption of iron or steel rail or tramway construction materials in Luxembourg reached -3.5%. In the other countries, the average annual rates are as follows: Austria (+ 14.8% per year) and Belgium (+ 0.2% per year).

Production in the EU

In 2019, production of railway or tramway construction materials made of iron or steel rose 1.4% to 3.2 million tonnes, up for the second year in a row after two years of decline. Overall, however, production continues to show a relatively stable trend. In terms of value, production of railway or tramway construction materials made of iron or steel increased significantly to reach $ 5.4 billion in 2019, estimated at export prices.

Production by country

The countries with the highest production volumes of iron or steel railway or tramway construction materials in 2019 were Austria (718,000 tonnes), Poland (406,000 tonnes) and Spain (387,000 tonnes) tonnes), with a combined share of 48% of total production.

From 2007 to 2019, the most notable growth rate in terms of production of railway or tramway construction materials of iron or steel, among the main producing countries, was achieved by Poland, while the production of Railroad or streetcar construction materials of iron or steel for the other leaders has seen more modest growth rates.

Imports into the EU

For the third year in a row, the European Union recorded growth in overseas purchases of iron or steel railway or tram construction materials, which rose 4.9% to 1.4 million. tonnes in 2019. Total imports showed a moderate increase from 2007 to 2019: its volume increased at an average annual rate of + 2.2% over the past twelve years. The trend model, however, indicated notable fluctuations recorded throughout the period analyzed. Based on 2019 figures, imports increased by + 32.8% compared to 2016 indices. During the period considered, imports peaked in 2019 and are expected to grow gradually in the years to come. In terms of value, imports of iron or steel railway or tramway construction materials fell to $ 1.3 billion (IndexBox estimates) in 2019.

Imports by country

In 2019, Germany (314K tonnes), followed at a distance by Italy (173K tonnes), France (155K tonnes), the United Kingdom (118K tonnes), Poland (88K tonnes) and Belgium (86K tonnes) tonnes) were the main importers of rail or tram track iron or steel building materials, together creating 69% of total imports. The Czech Republic (59,000 tonnes), Sweden (55,000 tonnes), Spain (55,000 tonnes), the Netherlands (35,000 tonnes), Hungary (33,000 tonnes) and Portugal (27,000 tonnes) ) occupied a minor share of total imports.

From 2007 to 2019, the most notable growth rate in terms of purchases, among the main importing countries, was achieved by Italy, while the imports of the other leaders experienced more modest growth rates.

In terms of value, Germany ($ 271 million), Italy ($ 201 million) and France ($ 126 million) appear to be the countries with the highest levels of imports in 2019, with a combined 45% share of total imports.

Import price by country

The import price of iron or steel railway or tramway construction materials into the European Union was $ 993 per ton in 2019, down -11.2% from the previous year. ‘last year. During the period considered, the import price decreased slightly.

There were significant differences in average prices between the major importing countries. In 2019, the country with the highest price was Hungary ($ 1,402 per tonne), while the United Kingdom ($ 655 per tonne) was among the lowest.

From 2007 to 2019, the most notable growth rate in terms of prices was achieved by Hungary, while the other leaders saw a drop in import prices.

Source: IndexBox AI platform

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