Price for Railway or Tramway Track Constructions of Iron or Steel in Norway - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Norway (CIF) - 2024
- Price for Railway or Tramway Track Constructions of Iron or Steel in Norway (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Norway
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Norway
Price for Railway or Tramway Track Constructions of Iron or Steel in Norway (CIF) - 2024
The average import price for railway or tramway track constructions of iron or steel stood at $4,240 per ton in February 2024, growing by 2.9% against the previous month. Overall, the import price showed a strong increase. The pace of growth was the most pronounced in January 2024 an increase of 95% against the previous month. Over the period under review, average import prices attained the peak figure in February 2024.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Sweden ($12,838 per ton), while the price for China ($991 per ton) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Sweden (+10.5%), 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 Norway (FOB) - 2022
In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $23,635 per ton, jumping by 152% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 204%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($382,000 per ton), while the average price for exports to Israel ($1,990 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 Taiwan (Chinese) (+257.5%), 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 Norway
In 2022, imports of railway or tramway track constructions of iron or steel into Norway totaled 24K tons, with an increase of 4.4% against 2021. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports reached the peak of 27K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of railway or tramway track constructions of iron or steel rose sharply to $50M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 14.8 | 21.3 | 19.6 | 22.0 | 14.1% |
| Sweden | 10.8 | 12.1 | 14.5 | 15.6 | 13.0% |
| United Kingdom | 4.1 | 4.2 | 5.6 | 5.5 | 10.3% |
| Germany | 1.0 | 1.6 | 2.2 | 2.9 | 42.6% |
| Others | 1.1 | 1.2 | 2.9 | 3.9 | 52.5% |
| Total | 31.9 | 40.4 | 44.7 | 50.0 | 16.2% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Norway in 2022:
- Austria (16.4K tons)
- Sweden (4.4K tons)
- United Kingdom (1.8K tons)
- Germany (0.9K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Norway
In 2022, overseas shipments of railway or tramway track constructions of iron or steel decreased by -56.3% to 49 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 120% against the previous year. As a result, the exports reached the peak of 302 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of railway or tramway track constructions of iron or steel expanded markedly to $1.2M in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 359% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | N/A | N/A | N/A | 899 | 0% |
| United States | N/A | N/A | 97.4 | 54.3 | -44.3% |
| Chile | 7.5 | N/A | 650 | 37.0 | 70.2% |
| Germany | 4.6 | 5.6 | 7.4 | 27.8 | 82.1% |
| Israel | N/A | N/A | N/A | 25.5 | 0% |
| Sweden | 97.9 | 12.3 | 89.1 | 17.9 | -43.2% |
| Switzerland | 8.1 | 14.4 | N/A | 17.2 | 28.5% |
| Spain | N/A | 0.5 | N/A | 8.9 | 321.9% |
| Iceland | N/A | N/A | 10.0 | 5.8 | -42.0% |
| Poland | 8.9 | 1.5 | 2.9 | 2.3 | -36.3% |
| Denmark | 5.2 | 0.4 | 35.2 | 1.8 | -29.8% |
| United Kingdom | 32.1 | 392 | 40.0 | 0.6 | -73.5% |
| Turkey | N/A | 443 | 11.1 | N/A | -97.5% |
| Others | 38.7 | 61.0 | 107 | 55.2 | 12.6% |
| Total | 203 | 931 | 1,050 | 1,153 | 78.4% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Norway in 2022:
- Israel (12.8 tons)
- New Zealand (9.7 tons)
- Sweden (8.3 tons)
- United States (5.0 tons)
- Germany (3.7 tons)
- Switzerland (1.5 tons)
- Spain (1.3 tons)
- Iceland (0.8 tons)
- Poland (0.8 tons)
- Chile (0.7 tons)
- Denmark (0.6 tons)
- United Kingdom (0.1 tons)
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This report provides an in-depth analysis of the steel railway material market in Norway.
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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 Norway.
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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%
