The global export of brakes and parts for railway rolling stock in 2023 showed significant variation among countries. Slovenia emerged as a dominant exporter with robust year-on-year growth of 107.84%, showcasing its strong position in the market. China displayed moderate growth of 2.29%, while Mexico and Poland were stable with mild increases. Conversely, countries like Russia and Germany experienced a downturn in exports with declines of 6.26% and 12.06%, respectively. Emerging markets with significant growth include Sweden and Thailand, reflecting increased manufacturing capabilities and potential market expansions.
Future trends to watch include:
- Potential shifts in trade dynamics due to geopolitical factors affecting traditional exporters like Russia and Germany.
- The expanding manufacturing roles of developing countries such as India and Mexico, potentially increasing their market share.
- Technological advancements in railway braking systems could lead to innovations and changes in global demand and supply patterns.
- Environmental regulations driving a shift towards more efficient, sustainable braking solutions may influence global production and export trends.
Top countries in Export of Brakes and Parts Thereof for Railway Rolling Stock by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 92,471,000 | 2023 | +4.82% | +107.84% | View data |
| 2 | 2 China | 6,992,300 | 2023 | +2.58% | +2.29% | View data |
| 3 | 3 Mexico | 3,883,600 | 2023 | +6.45% | +1.11% | View data |
| 4 | 4 Poland | 1,674,800 | 2023 | +2.56% | +1.68% | View data |
| 5 | 5 Ukraine | 964,230 | 2023 | -3.1% | -3.55% | View data |
| 6 | 6 Russia | 752,970 | 2023 | -2.87% | -6.26% | View data |
| 7 | 7 Slovakia | 601,200 | 2023 | +1.9% | +2.16% | View data |
| 8 | 8 Switzerland | 583,610 | 2023 | +0.93% | -4.89% | View data |
| 9 | 9 Italy | 578,650 | 2023 | +3.46% | +3.04% | View data |
| 10 | 10 Czech Republic | 426,600 | 2023 | -1.47% | +1.35% | View data |
