Russian tyre market has grown by 20% in 2017

Russian tyre market

Russian tyre market has grown by 20.4% in 2017, with 51.3 million units. More than half of the tyres sold during the year were manufactured in Russia.

The share of imported tyres in the market has remained unchanged since 2015: 42%. Tyre imports have reached 21.6 million units in 2017 (+20%). Tyre exports from Russia have shrunk, on the other hand, by 6.3% to 22.4 million units.

Tyre production has increased in Russia within the duration of the last four years. 52.1 million tyres were manufactured in 2017, following a 7.4% rise. The production structure is as follows: 59% foreign brands, 41% Russian brands.

Source: RusAutoNews.Com

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