Overview of the Market for Iron and Steel Railway Construction Materials in the Czech Republic
In value terms, production of railway or tramway track construction material of iron or steel reduced remarkably to $ in 2019 estimated in export prices. Over the period under review, production saw a noticeable slump. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2012 to 2019, production growth remained at a lower figure.
The revenue of the market for railway or tramway track construction material of iron or steel in the Czech Republic was estimated at $ in 2019, approximately equating 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). Overall, consumption, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when the market value increased by % against the previous year. Consumption peaked at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.