Russian Federation: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2025

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in the Russian Federation

In 2021, the Russian market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 44% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a slight descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from the Russian Federation

In 2021, shipments abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 147% to X tons, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 111%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Austria (X tons) were the main destinations of exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Russia, together comprising 80% of total exports. Vietnam, Kyrgyzstan and Ukraine lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +277.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Austria ($X) appeared to be the largest markets for internal combustion engine (excl. diesel, moto vehicle and aircraft) exported from Russia worldwide, with a combined 78% share of total exports. Vietnam, Kyrgyzstan and Ukraine lagged somewhat behind, together comprising a further 13%.

Vietnam, with a CAGR of +163.1%, recorded the highest rates of growth with regard to the value of exports, among 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 export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2021, declining by -19.9% against the previous year. In general, the export price showed a perceptible setback. The growth pace was the most rapid in 2020 when the average export price increased by 60% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into the Russian Federation

In 2021, overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 42% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a perceptible expansion. The growth pace was the most rapid in 2016 when imports increased by 110%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. In general, imports, however, saw a pronounced contraction. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to Russia, accounting for a 70% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.2% per year) and Thailand (-3.9% per year).

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to Russia were Japan ($X), China ($X) and Thailand ($X), together comprising 89% of total imports.

China, with a CAGR of +2.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2021, growing by 7.2% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :