Russian Federation: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in the Russian Federation

In 2022, the Russian special vehicle body market decreased by X% to $X, falling for the fourth year in a row after two years of growth. In general, consumption, however, showed a modest expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Special Vehicle Body Production in the Russian Federation

In value terms, special vehicle body production declined to $X in 2022 estimated in export price. Overall, production, however, saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Special vehicle body production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Special Vehicle Body Exports

Exports from the Russian Federation

In 2022, special vehicle body exports from Russia declined remarkably to X units, shrinking by X% against the previous year. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then declined sharply in the following year.

In value terms, special vehicle body exports contracted significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for special vehicle body exports from Russia, accounting for a X% share of total exports. Moreover, special vehicle body exports to Kazakhstan exceeded the volume sent to the second major destination, Uzbekistan (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Turkey (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for bodies for special purpose motor vehicles exports from Russia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average special vehicle body export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Special Vehicle Body Imports

Imports into the Russian Federation

In 2022, supplies from abroad of bodies for special purpose motor vehicles decreased by X% to X units, falling for the fourth year in a row after two years of growth. In general, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, special vehicle body imports declined rapidly to $X in 2022. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of special vehicle body to Russia, accounting for a X% share of total imports. Moreover, special vehicle body imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Poland (X% per year).

In value terms, the largest special vehicle body suppliers to Russia were Poland ($X), Turkey ($X) and China ($X), together accounting for X% of total imports. Italy, Japan, South Korea, Germany, Latvia, Estonia and Lithuania lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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