Russian spare parts market has reached $24 billion in 2017


Russian spare parts market has reached $24 billion in 2017. The total volume of the secondary market of Russian automobile components and spare parts has exceeded 990 million units in 2017. The monetary value of the transactions amounts to 1.532 trillion rubles (approx. $24 billion).

Three segments have kept their traditional leadership of the market: tyres, suspension parts and oil. The tyre market had 12.4% share of the total transactions in 2017, amounting to 189 billion rubles. 10.7% belonged to suspension parts, 163 billion rubles in monetary terms. Oils and technical fluids occupied the third place in the market with a share of 7.5%. Car owners have used 312 million litres of oil and fluids, spending 114 billion rubles in total.

Source: RusAutoNews.Com

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

The volume of Russian car battery aftermarket has reached 11 million units

Russian car battery aftermarket 2

According to Autostat, the total demand in the Russian car battery aftermarket has reached 11 million units in Russia in 2018.

Passenger car segment is the largest consumer of starter batteries with 71,5% share of total demand or approximately 7,9 million units. Around 1,8 million accumulator starting batteries are used for trucks, which is equivalent to one-sixth of the market in total. One in nine accumulators belongs to the LCV segment, on the other hand (1,2 million units). The smallest amount of starter batteries is used in the bus segment – 1.6% of the total demand or 174.000 units.

The capital region leads the regional rankings. Approximately 14% of the car battery aftermarket belongs to Moscow and Moscow Region. The demand for accumulators reached 860.000 units in the city of Moscow and 650.000 units in Moscow Region, on the other hand.

The capacity of the Russian car batery aftermarket has exceeded the six-figure mark in several regions. Krasnodar Krai market has gone over 400,000 units, for example. The figures in St. Petersburg, Rostov and Sverdlovsk markets, as well as Tatarstan, are also over 300,000 units.

Source: RusAutoNews.Com

Russian vehicle park amounted to 50,6 million units in 2017

New car sales in Russia - F18

The Russian vehicle park amounted to 50,6 million units as of 1 January 2018, as stated by Autostat.

Approximately 84% of the park is formed of passenger cars, which is equivalent to 42,4 million units. 8% of the total figure belongs to light commercial vehicles or 4,1 million units in quantitative terms. The number of trucks is a little bit under LCVs (3,7 million), making 7% of the park. Around 1% of the Russian automobile park consists of buses, amounting to 0,4 million units.

The Russian car park is quite old, with an average age of 12 years and 31% of automobiles being over 15 years old. More than half of the vehicles is formed of foreign brand vehicles.

Source: RusAutoNews.Com

Toyota users are the top spenders on spare parts amongst foreign brand vehicle owners in Russia

Toyota spare parts 1

According to the results of the survey conducted by the analytical agency Autostat, the volume of automotive components and spare parts aftermarket for foreign passenger cars has amounted to $13.7 billion in Russia in 2015, which is equivalent to 834.2 billion rubles.

Toyota passenger car spare parts have the leadership of the market with one sixth of the total volume, summing up to 134.3 billion rubles in monetary terms. Components of another Japanese brand Nissan occupies the second place, with a volume of a little bit higher than half of the leader: 70.8 billion rubles. Components for Korean Hyundai complete the top-three (50.8 billion rubles). The figures for Volkswagen and Renault components are 45.6 and 46.3 billion rubles respectively. Other brands with more than 40 billion rubles spare parts aftermarket figures are: Chevrolet, KIA, Ford and Mitsubishi.

As stated by analysts from Autostat, the high figure for Toyota in this segment is due to its position as the top brand amongst foreign vehicles in quantitative terms and the brand’s high usage rate in Russia.

Source: RusAutoNews.Com