Price for Railway or Tramway Track Constructions of Iron or Steel in Canada - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Canada (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Canada (FOB) - 2024
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Canada
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Canada
Price for Railway or Tramway Track Constructions of Iron or Steel in Canada (CIF) - 2022
The average import price for railway or tramway track constructions of iron or steel stood at $1,220 per ton in 2022, with an increase of 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 25%. Over the period under review, average import prices hit record highs at $1,547 per ton in 2016; however, from 2017 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 China ($2,367 per ton), while the price for the Czech Republic ($794 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), 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 Canada (FOB) - 2024
The average export price for railway or tramway track constructions of iron or steel stood at $2,623 per ton in January 2024, declining by -12.3% against the previous month. Overall, the export price, however, saw mild growth. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 67% m-o-m. The export price peaked at $2,989 per ton in December 2023, and then contracted in the following month.
Average prices varied somewhat for the major export markets. In January 2024, the country with the highest price was the United States ($2,659 per ton), while the average price for exports to Mexico totaled $1,807 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.7%).
Imports of Railway or Tramway Track Constructions of Iron or Steel in Canada
In 2022, after two years of decline, there was significant growth in purchases abroad of railway or tramway track constructions of iron or steel, when their volume increased by 12% to 250K tons. Overall, imports, however, continue to indicate a deep slump.
In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $306M in 2022. In general, imports, however, showed a mild downturn.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 161 | 153 | 159 | 209 | 9.1% |
| Japan | 73.9 | 39.8 | 15.2 | 41.5 | -17.5% |
| Czech Republic | 43.5 | 25.8 | 31.2 | 26.4 | -15.3% |
| China | 9.8 | 7.8 | 8.9 | 10.2 | 1.3% |
| Spain | 9.9 | 10.7 | 16.9 | 7.2 | -10.1% |
| Others | 21.9 | 14.7 | 14.3 | 11.6 | -19.1% |
| Total | 320 | 251 | 246 | 306 | -1.5% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Canada in 2022:
- United States (163.9K tons)
- Japan (38.4K tons)
- Czech Republic (33.3K tons)
- Spain (6.0K tons)
- China (4.3K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Canada
In 2022, overseas shipments of railway or tramway track constructions of iron or steel decreased by -1.6% to 18K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports reached the peak of 31K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of railway or tramway track constructions of iron or steel soared to $23M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.0 | 18.7 | 17.0 | 22.2 | 3.5% |
| Indonesia | 1.2 | 0.5 | N/A | 0.1 | -56.3% |
| Others | 0.6 | 0.4 | 0.5 | 1.0 | 18.6% |
| Total | 21.8 | 19.6 | 17.5 | 23.3 | 2.2% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Canada in 2022:
- United States (17.5K tons)
- Indonesia (0.1K tons)
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This report provides an in-depth analysis of the steel railway material market in Canada.
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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 Canada.
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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>
1317
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>
1317
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%
