In 2023, Italy led the European export of electrical signalling, safety, or traffic control equipment for railways or tramways by kilograms with a market share of 29.81%. Austria and Germany followed with shares of 14.5% and 11.5%, respectively. Noteworthy changes from the previous year include a significant export growth from Croatia (19.34%) and Luxembourg (55.42%), while Hungary experienced a sharp decline (-50.64%). Steady growth was observed in the Netherlands and Belgium with 8.24% and 5.08% increases, while the UK experienced a slight decrease (-0.029%).
Future trends to watch include the continued rise in exports from smaller countries like Latvia and Luxembourg, which saw significant increases in 2023. The stabilization of larger markets such as Germany and Austria will be vital for maintaining overall European export levels. Additionally, monitoring the impact of technological advancements and policy regulations on export dynamics will provide valuable insights into the future distribution of export shares.
Top countries in Export of Electrical Signalling, Safety or Traffic Control Equipment for Railways or Tramways Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.81 | 2023 | +2.83% | +4.41% | View data |
| 2 | 2 Austria | 14.5 | 2023 | -0.41% | +0.053% | View data |
| 3 | 3 Germany | 11.5 | 2023 | +3.08% | +2.19% | View data |
| 4 | 4 Netherlands | 7.05 | 2023 | +5.26% | +8.24% | View data |
| 5 | 5 Belgium | 6.55 | 2023 | +4.74% | +5.08% | View data |
| 6 | 6 United Kingdom | 5.1 | 2023 | -2.81% | -0.029% | View data |
| 7 | 7 France | 3.95 | 2023 | +6.59% | -2.92% | View data |
| 8 | 8 Spain | 3.43 | 2023 | +4.74% | -5.04% | View data |
| 9 | 9 Finland | 2.19 | 2021 | -9.01% | -6.72% | View data |
| 10 | 10 Portugal | 2.08 | 2023 | +16.09% | +3.35% | View data |
