Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada - 2023

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada (CIF) - 2023
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada (FOB) - 2022
3. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada
4. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada (CIF) - 2023

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $654 per cubic meter in December 2023, picking up by 3% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 18% m-o-m. The import price peaked at $769 per cubic meter in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +1.1% per month.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada (FOB) - 2022

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $532 per cubic meter in 2022, which is down by -31.5% against the previous year. Overall, the export price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2020 an increase of 45%. Over the period under review, the average export prices reached the peak figure at $777 per cubic meter in 2021, and then declined sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($566 per cubic meter), while the average price for exports to the UK ($345 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada

In 2022, supplies from abroad of railway or tramway sleepers (cross-ties) of wood was finally on the rise to reach 187K cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of hit record highs at 251K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood rose remarkably to $111M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. Imports peaked at $148M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Canada in 2022:

1. United States (186.9K cubic meters)

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Canada

In 2022, overseas shipments of railway or tramway sleepers (cross-ties) of wood were finally on the rise to reach 6.1K cubic meters after two years of decline. Over the period under review, exports, however, continue to indicate a noticeable reduction. The exports peaked at 6.7K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood rose to $3.2M in 2022. In general, exports, however, continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Canada in 2022:

1. United States (5.1K cubic meters)
2. United Kingdom (0.9K cubic meters)
3. Japan (0.1K cubic meters)

Source: IndexBox Market Intelligence Platform