Railway Sleeper Market Overview in Denmark
Market Overview
The Danish railway sleeper market reduced to $
in 2018, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a drastic downturn. The growth pace was the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2010; however, from 2011 to 2018, consumption failed to regain the momentum.
in 2018, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a drastic downturn. The growth pace was the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2010; however, from 2011 to 2018, consumption failed to regain the momentum.Consumption
In 2018, consumption of railway or tramway sleepers (cross-ties) of wood decreased by % to cubic meters, falling for the second year in a row after two years of growth. Overall, consumption recorded a slight curtailment. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, consumption hit record highs at cubic meters in 2008; however, from 2009 to 2018, consumption remained at a lower figure.
The value of the railway sleeper market in Denmark contracted to $ in 2018, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of % y-o-y. Railway sleeper consumption peaked at $ in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.
% to cubic meters, falling for the second year in a row after two years of growth. Overall, consumption recorded a slight curtailment. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, consumption hit record highs at cubic meters in 2008; however, from 2009 to 2018, consumption remained at a lower figure.The value of the railway sleeper market in Denmark contracted to $
in 2018, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of % y-o-y. Railway sleeper consumption peaked at $ in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.Market Forecast
Driven by rising demand for railway sleeper in Denmark, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of % for the period from 2019 to , which is projected to bring the market volume to cubic meters by the end of .
% for the period from 2019 to , which is projected to bring the market volume to cubic meters by the end of .Trade Balance
Denmark remains a net importer of railway sleeper; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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