Northern America: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Northern America

The North American railway track fixture market declined slightly to $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Railway Track Fixture Production in Northern America

In value terms, railway track fixture production reached $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Railway Track Fixture Exports

Exports in Northern America

In 2023, the amount of railway or tramway track fixtures and fittings exported in Northern America rose rapidly to X tons, surging by X% compared with 2022. Total exports indicated moderate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, railway track fixture exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

The United States prevails in exports structure, recording X tons, which was near X% of total exports in 2023. It was distantly followed by Canada (X tons), generating an X% share of total exports.

The United States was also the fastest-growing in terms of the railway or tramway track fixtures and fittings exports, with a CAGR of X% from 2012 to 2023. Canada experienced a relatively flat trend pattern. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) remains the largest railway track fixture supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports.

In the United States, railway track fixture exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Railway Track Fixture Imports

Imports in Northern America

In 2023, railway track fixture imports in Northern America soared to X tons, with an increase of X% on 2022. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, railway track fixture imports soared to $X in 2023. Total imports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in the immediate term.

Imports by Country

In 2023, the United States (X tons) and Canada (X tons) represented the largest importer of railway or tramway track fixtures and fittings in Northern America, making up X% of total import.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, Canada ($X) and the United States ($X) were the countries with the highest levels of imports in 2023.

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform