Iron or steel railway or tramway track constructions market in Sweden

Earlier Report Observations

The Swedish market for iron or steel railway track constructions showed notable shifts between 2021 and 2024. Market volume grew modestly to 73 000 t in 2022, then declined to 68 500 t in 2023 before a sharp expansion to 104 600 t in 2024. In value terms, the market increased from 153.2 million USD in 2021 to 183.3 million USD in 2024.

Regulatory changes and substantial infrastructure investments were primary drivers. In 2022, the introduction of the Railway Technology Ordinance (2022:417) set new technical standards for railway equipment, while amendments to the law on railway construction altered planning and environmental impact processes, shaping demand conditions. The market surge in 2024 was directly fueled by major national projects, including the start of construction on the Ostlänken high-speed rail line and increased funding for railway upgrades under the national transport plan. New building permit rules for construction near railway tracks also took effect, influencing project planning and execution.

Exports iron or steel railway or tramway track constructions from Sweden

Exports in kind, t

In 2020, Sweden exported 7 910 tonnes of iron or steel railway or tramway track constructions, representing a 21.2% decrease compared to 2019. Over the period from 2017 to 2020, exports fell by 29.6%, with a compound annual growth rate (CAGR) of -11.0%. The lowest export volume was recorded in 2018 at 6 929 tonnes, which also saw the largest decline of 38.3%. In contrast, 2019 experienced the largest increase, with exports rising by 44.8%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

From 2017 to 2020, the primary destinations for Sweden's exports of iron or steel railway or tramway track constructions in kind were Norway, accounting for 36.8% of exports, China with 19.7%, and Denmark at 14.5%. Together, these three countries made up 71.0% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

In 2020, the value of iron or steel railway or tramway track constructions exported from Sweden totaled 24 295 thousand US dollars, showing a slight decrease of 1.7% from the previous year. Between 2017 and 2020, export values declined by 20.6%, with a CAGR of -7.4%. The lowest value was recorded in 2018 at 20 346 thousand US dollars, which also saw the largest drop of 33.5%. Conversely, 2019 had the largest increase, with values rising by 21.5%.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

During 2017–2020, Norway was the leading buyer of iron or steel railway or tramway track constructions from Sweden in value terms, accounting for 47.1% of exports. Denmark followed with 18.9%, and Finland with 13.8%. Collectively, these three countries represented 79.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports iron or steel railway or tramway track constructions to Sweden

Imports in kind, t

In 2020, Sweden imported approximately 45 909 tonnes of iron or steel railway or tramway track constructions, marking a 15.7% decline compared to 2019. From 2017 to 2020, imports decreased by 7.6%, equating to an annualized rate of -2.6%. The highest import volume was recorded in 2019 at 54 436 tonnes, which also saw the largest increase of 16.7%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

Between 2017 and 2020, Austria and France were the dominant partners for Sweden's imports of iron or steel railway or tramway track constructions in kind, with other countries comprising the remainder of the import share.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

In 2020, Sweden's imports of iron or steel railway or tramway track constructions were valued at 69 363 thousand US dollars, reflecting a gradual decrease of 9.5% from 2019. Over the period 2017–2020, import values fell by 4.8%, with an annualized rate of -1.6%. The lowest value was recorded in 2018 at 65 632 thousand US dollars, which experienced the largest decline of 9.9%. The highest value was in 2019 at 76 650 thousand US dollars, also seeing the largest increase of 16.8%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

From 2017 to 2020, Austria was the main source for Sweden's imports of iron or steel railway or tramway track constructions in value terms, accounting for 47.7%. France contributed 21.7%, and the United Kingdom 8.9%. Together, these three countries accounted for 78.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020