Russian Federation: Automotive Lighting Market 2024

Automotive Lighting Market Size in the Russian Federation

The Russian automotive lighting market soared to $X in 2021, rising by 39% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Automotive Lighting Production in the Russian Federation

In value terms, automotive lighting production fell to $X in 2021 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +15.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Automotive lighting production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Automotive Lighting Exports

Exports from the Russian Federation

In 2021, approx. X units of automotive lighting were exported from Russia; waning by -4.9% on the year before. Overall, exports, however, enjoyed a mild increase. The growth pace was the most rapid in 2016 when exports increased by 104% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, automotive lighting exports dropped slightly to $X in 2021. Over the period under review, exports, however, showed notable growth. The pace of growth was the most pronounced in 2016 with an increase of 75% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units), Belarus (X units) and Kazakhstan (X units) were the main destinations of automotive lighting exports from Russia, together comprising 59% of total exports. These countries were followed by Azerbaijan, Romania, Brazil and Vietnam, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +86.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Kazakhstan ($X) and Belarus ($X) constituted the largest markets for automotive lighting exported from Russia worldwide, together accounting for 71% of total exports. Brazil, Ukraine, Azerbaijan and Vietnam lagged somewhat behind, together comprising a further 19%.

Brazil, with a CAGR of +75.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average automotive lighting export price stood at $X per unit in 2021, leveling off at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Automotive Lighting Imports

Imports into the Russian Federation

In 2021, the amount of automotive lighting imported into Russia skyrocketed to X units, growing by 18% compared with the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 19%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, automotive lighting imports surged to $X in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belarus (X units), China (X units) and South Korea (X units) were the main suppliers of automotive lighting imports to Russia, with a combined 57% share of total imports. These countries were followed by Romania, Japan, the Czech Republic, Poland, Taiwan (Chinese), India, France, Germany and Ukraine, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +62.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest automotive lighting suppliers to Russia were South Korea ($X), Japan ($X) and China ($X), together comprising 53% of total imports. These countries were followed by the Czech Republic, Romania, Taiwan (Chinese), India, Germany, Belarus, Poland, France and Ukraine, which together accounted for a further 28%.

India, with a CAGR of +61.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average automotive lighting import price stood at $X per unit in 2021, growing by 19% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 43%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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