Railway Sleeper Market Overview in Hungary
In value terms, railway sleeper production totaled $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 when the production volume increased by % year-to-year. Railway sleeper production peaked at $ in 2014; however, from 2015 to 2019, production remained at a lower figure.
The revenue of the railway sleeper market in Hungary contracted to $ in 2019, approximately reflecting 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 continues to indicate a mild setback. The growth pace was the most rapid in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.