In 2023, Germany led the global import market for air brakes and parts for railway rolling stock, contributing significantly more than other countries. China and Italy followed, though with much smaller shares. Variations from 2022 indicate notable growth in some regions, with Denmark, Bolivia, and the United Arab Emirates showing dramatic increases in import value. Conversely, Austria, Ukraine, and Kuwait experienced declines, highlighting regional market shifts.
Future trends to watch include technological innovations in air brake systems, global economic conditions affecting railway investments, and policy or trade shifts impacting import dynamics. Emerging markets may increase their share by improving railway infrastructure.
Top countries in Import of Air Brakes and Parts Thereof for Railway Rolling Stock Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.6 | 2023 | +3.65% | +3.1% | View data |
| 2 | 2 China | 10.75 | 2023 | -2.52% | +0.57% | View data |
| 3 | 3 Italy | 6.15 | 2023 | +3.93% | +3.74% | View data |
| 4 | 4 Hungary | 4.93 | 2023 | +2.29% | +2.86% | View data |
| 5 | 5 United Kingdom | 4.67 | 2023 | +3.71% | +5.45% | View data |
| 6 | 6 United States | 4.05 | 2023 | -0.58% | +0.21% | View data |
| 7 | 7 Spain | 3.61 | 2023 | +1.9% | +0.15% | View data |
| 8 | 8 Mexico | 2.66 | 2023 | +1.35% | +2.61% | View data |
| 9 | 9 Austria | 2.51 | 2023 | -5.61% | -6.11% | View data |
| 10 | 10 Switzerland | 2.44 | 2023 | +0.96% | +2.35% | View data |
