Eastern Europe: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in Eastern Europe

The East European railway maintenance vehicle market expanded markedly to $X in 2023, rising by X% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Railway Maintenance Vehicle Production in Eastern Europe

In value terms, railway maintenance vehicle production rose sharply to $X in 2023 estimated in export price. The total production indicated a resilient expansion from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Railway Maintenance Vehicle Exports

Exports in Eastern Europe

In 2023, approx. X units of railway or tramway maintenance or service vehicles were exported in Eastern Europe; remaining relatively unchanged against 2022 figures. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, railway maintenance vehicle exports shrank sharply to $X in 2023. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Poland (X units), distantly followed by Russia (X units), the Czech Republic (X units), Bulgaria (X units) and Ukraine (X units) were the largest exporters of railway or tramway maintenance or service vehicles, together comprising X% of total exports. The following exporters - Belarus (X units) and Romania (X units) - each amounted to a X% share of total exports.

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

In value terms, Russia ($X) remains the largest railway maintenance vehicle supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

In Russia, railway maintenance vehicle exports contracted by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, falling by X% against the previous year. In general, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Railway Maintenance Vehicle Imports

Imports in Eastern Europe

In 2023, purchases abroad of railway or tramway maintenance or service vehicles increased by X% to X units, rising for the third consecutive year after three years of decline. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway maintenance vehicle imports surged to $X in 2023. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Poland (X units), distantly followed by Bulgaria (X units), Romania (X units), Slovakia (X units) and the Czech Republic (X units) were the key importers of railway or tramway maintenance or service vehicles, together mixing up X% of total imports. Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) constitutes the largest market for imported railway or tramway maintenance or service vehicles in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

In Bulgaria, railway maintenance vehicle imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Poland (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price recorded 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 destination: amid the top importers, the country with the highest price was the Czech Republic ($X,293 per unit), while Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform