Report Update: Apr 1, 2024

New Zealand - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Steel Railway Material Price in New Zealand - 2023

Steel Railway Material Price in New Zealand (CIF) - 2023

In August 2023, the average steel railway material import price amounted to $5,167 per ton, which is down by -13.5% against the previous month. Over the period under review, the import price recorded a mild contraction. The pace of growth was the most pronounced in October 2022 an increase of 146% against the previous month. Over the period under review, average import prices reached the maximum at $6,168 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($36,954 per ton), while the price for Australia ($2,881 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Railway Material Price in New Zealand (FOB) - 2022

In 2022, the average steel railway material export price amounted to $6,289 per ton, with an increase of 498% against the previous year. In general, the export price recorded perceptible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($28,152 per ton), while the average price for exports to Niue ($952 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 Indonesia (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.

Steel Railway Material Imports in New Zealand

In 2022, imports of railway material of steel into New Zealand declined significantly to 8.1K tons, with a decrease of -25.1% against 2021 figures. Overall, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.4% 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 +28.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 11K tons, and then shrank sharply in the following year.

In value terms, steel railway material imports declined remarkably to $24M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of $33M, and then reduced remarkably in the following year.

Import of Steel Railway Material in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	9.6	8.5	20.2	14.5	14.7%
Australia	3.3	5.7	9.0	6.7	26.6%
Italy	N/A	0.4	3.5	1.5	93.6%
Others	0.2	0.5	0.5	0.9	65.1%
Total	13.1	15.0	33.2	23.7	21.9%

Top Suppliers of Steel Railway Material to New Zealand in 2022:

China (5.5K tons)
Australia (2.3K tons)
Italy (0.1K tons)

Steel Railway Material Exports in New Zealand

In 2022, after three years of growth, there was significant decline in overseas shipments of railway material of steel, when their volume decreased by -51% to 51 tons. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 84%.

In value terms, steel railway material exports skyrocketed to $318K in 2022. Overall, exports, however, showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Steel Railway Material in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	N/A	N/A	N/A	244	0%
Australia	38.8	77.4	104	66.5	19.7%
Niue	N/A	N/A	N/A	2.6	0%
Samoa	17.9	4.8	N/A	0.3	-74.4%
Others	3.9	8.7	4.5	5.5	12.1%
Total	60.6	90.9	109	318	73.8%

Top Export Markets for Steel Railway Material from New Zealand in 2022:

Samoa (undefined tons)
Australia (38.7 tons)
Indonesia (8.7 tons)
Niue (2.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel railway material market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107500 - Railway material (of steel)

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023