Russian Federation: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in the Russian Federation

The Russian transportation vehicle body market shrank notably to $X in 2022, dropping by -15.6% against the previous year. Over the period under review, consumption, however, continues to indicate buoyant growth. Transportation vehicle body consumption peaked at $X in 2021, and then declined rapidly in the following year.

Transportation Vehicle Body Production in the Russian Federation

In value terms, transportation vehicle body production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 100%. Transportation vehicle body production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Transportation Vehicle Body Exports

Exports from the Russian Federation

In 2022, the amount of bodies for motor vehicles for the transporting people exported from Russia reduced to X units, remaining relatively unchanged against 2021. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 2,363% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, transportation vehicle body exports reduced to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 2,189%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for transportation vehicle body exports from Russia, accounting for a 95% share of total exports. Moreover, transportation vehicle body exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to +104.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+87.7% per year) and Uzbekistan (+123.7% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for bodies for motor vehicles for the transporting people exports from Russia, comprising 95% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled +135.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+87.7% per year) and Uzbekistan (+111.8% per year).

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, which is down by -9.4% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 185% against the previous year. The export price peaked at $X per unit in 2021, and then fell in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Ukraine ($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 Kazakhstan (+14.9%), while the prices for the other major destinations experienced a decline.

Transportation Vehicle Body Imports

Imports into the Russian Federation

In 2022, after two years of growth, there was significant decline in purchases abroad of bodies for motor vehicles for the transporting people, when their volume decreased by -7.2% to X units. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 562%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, transportation vehicle body imports fell to $X in 2022. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 519% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X units) constituted the largest supplier of transportation vehicle body to Russia, accounting for a 52% share of total imports. Moreover, transportation vehicle body imports from South Korea exceeded the figures recorded by the second-largest supplier, Slovakia (X units), threefold. Japan (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-6.7% per year) and Japan (+5.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to Russia, comprising 60% of total imports. The second position in the ranking was taken by Slovakia ($X), with an 18% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-10.2% per year) and Japan (-3.7% per year).

Import Prices by Country

The average transportation vehicle body import price stood at $X per unit in 2022, reducing by -4.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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