Price for Railway or Tramway Track Constructions of Iron or Steel in Belgium - 2023
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Belgium (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Belgium (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Belgium
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Belgium
Price for Railway or Tramway Track Constructions of Iron or Steel in Belgium (CIF) - 2022
The average import price for railway or tramway track constructions of iron or steel stood at $1,559 per ton in 2022, picking up by 30% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,448 per ton), while the price for France ($1,270 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Belgium (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $2,351 per ton in 2022, growing by 7.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78%. As a result, the export price attained the peak level of $2,577 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($6,927 per ton), while the average price for exports to Turkey ($371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Belgium
Imports of railway or tramway track constructions of iron or steel into Belgium fell remarkably to 69K tons in 2022, waning by -22.5% against the previous year. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 89K tons, and then contracted notably in the following year.
In value terms, imports of railway or tramway track constructions of iron or steel stood at $108M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 42.4 | 39.5 | 55.9 | 59.2 | 11.8% |
| Luxembourg | 16.1 | 11.3 | 10.7 | 15.7 | -0.8% |
| Spain | 7.8 | 14.1 | 13.1 | 12.2 | 16.1% |
| Germany | 4.1 | 4.6 | 5.3 | 4.8 | 5.4% |
| China | 2.3 | 2.7 | 3.2 | 4.3 | 23.2% |
| Austria | 6.4 | 5.8 | 5.7 | 3.8 | -16.0% |
| Netherlands | 0.7 | 0.5 | 2.5 | 0.8 | 4.6% |
| United Kingdom | 1.8 | 5.1 | 0.4 | 0.8 | -23.7% |
| Poland | 0.2 | 4.1 | 4.2 | 0.5 | 35.7% |
| Others | 7.6 | 7.4 | 6.0 | 5.9 | -8.1% |
| Total | 89.4 | 95.2 | 107 | 108 | 6.5% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Belgium in 2022:
- France (46.7K tons)
- Spain (6.9K tons)
- Luxembourg (6.4K tons)
- Austria (2.8K tons)
- China (1.3K tons)
- Germany (1.1K tons)
- Netherlands (0.9K tons)
- United Kingdom (0.4K tons)
- Poland (0.3K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Belgium
In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -16% to 31K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year.
In value terms, exports of railway or tramway track constructions of iron or steel reduced to $72M in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11%.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.5 | 8.4 | 11.1 | 11.1 | -8.5% |
| Israel | 12.1 | 21.1 | 12.7 | 10.3 | -5.2% |
| Mexico | 0.3 | 0.3 | 0.2 | 8.0 | 198.8% |
| India | 0.7 | 3.7 | 1.6 | 7.5 | 120.5% |
| Egypt | 0.4 | 3.1 | 18.4 | 7.1 | 160.9% |
| Hong Kong SAR | 3.0 | 2.0 | 2.0 | 4.1 | 11.0% |
| China | 1.7 | 3.4 | 5.5 | 2.8 | 18.1% |
| Germany | 2.9 | 2.4 | 2.9 | 2.2 | -8.8% |
| Canada | 3.7 | 4.4 | 3.6 | 1.7 | -22.8% |
| Singapore | 1.6 | 1.1 | 5.4 | 1.5 | -2.1% |
| Turkey | 0.1 | 0.6 | 1.2 | 1.3 | 135.1% |
| Netherlands | 0.4 | 0.4 | 1.0 | 0.6 | 14.5% |
| Cote d'Ivoire | N/A | 0.2 | 0.1 | 0.5 | 58.1% |
| Others | 25.3 | 22.9 | 14.6 | 13.5 | -18.9% |
| Total | 66.6 | 73.9 | 80.1 | 72.1 | 2.7% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Belgium in 2022:
- France (5.9K tons)
- Israel (4.3K tons)
- Turkey (3.5K tons)
- India (2.5K tons)
- Egypt (2.3K tons)
- Hong Kong SAR (2.2K tons)
- Mexico (1.2K tons)
- Canada (0.9K tons)
- China (0.8K tons)
- Singapore (0.7K tons)
- Germany (0.7K tons)
- Cote d'Ivoire (0.6K tons)
- Netherlands (0.5K tons)
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This report provides an in-depth analysis of the steel railway material market in Belgium.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Belgium.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1319
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1319
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
