Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in India - 2023

Contents:

  1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in India (FOB) - 2022
  2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in India (CIF) - 2022
  3. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in India
  4. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in India

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in India (FOB) - 2022

In 2022, the average export price for railway or tramway sleepers (cross-ties) of wood amounted to $412 per cubic meter, declining by -10.5% against the previous year. Overall, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 an increase of 662%. As a result, the export price reached the peak level of $615 per cubic meter. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($543 per cubic meter), while the average price for exports to Bhutan ($95 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in India (CIF) - 2022

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $137 per cubic meter in 2022, shrinking by -12.5% against the previous year. In general, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 43% against the previous year. The import price peaked at $741 per cubic meter in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($995 per cubic meter), while the price for Russia ($69 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.6%), while the prices for the other major suppliers experienced a decline.

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in India

After three years of growth, shipments abroad of railway or tramway sleepers (cross-ties) of wood decreased by -11.4% to 39 cubic meters in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 7.7%. The exports peaked at 44 cubic meters in 2021, and then shrank in the following year.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood shrank markedly to $16K in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $20K, and then contracted significantly in the following year.

Export of Railway or Tramway Sleepers (Cross-Ties) of Wood in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/AN/AN/A8.10%
Sri Lanka0.10.10.37.5321.7%
DjiboutiN/AN/AN/A0.30%
BhutanN/AN/AN/A0.10%
Bangladesh1.91.00.9N/A-31.2%
Qatar8.25.96.8N/A-8.9%
Others9.48.212.3N/A14.4%
Total19.515.220.316.1-6.2%

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from India in 2022:

  1. Sri Lanka (22.0 cubic meters)
  2. Maldives (15.0 cubic meters)
  3. Djibouti (1.0 cubic meters)
  4. Bhutan (1.0 cubic meters)

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in India

In 2022, approx. 106 cubic meters of railway or tramway sleepers (cross-ties) of wood were imported into India; with an increase of 3.9% compared with the previous year's figure. Overall, imports, however, saw a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Over the period under review, imports of reached the maximum at 216 cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood shrank to $14K in 2022. Over the period under review, imports, however, faced a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Over the period under review, imports of reached the maximum at $101K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13.44.15.96.3-22.2%
Belgium13.24.37.26.0-23.1%
Benin6.21.92.82.2-29.2%
Malaysia38.7N/AN/AN/A0%
United Kingdom29.5N/AN/AN/A0%
OthersN/A2.7N/AN/A0%
Total10113.015.914.5-47.6%

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to India in 2022:

  1. Russia (91.0 cubic meters)
  2. Benin (9.0 cubic meters)
  3. Belgium (6.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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