Russian Federation: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in the Russian Federation

The Russian motor vehicle engine market reduced to $X in 2021, with a decrease of -10% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.1% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Motor Vehicle Engine Production in the Russian Federation

In value terms, motor vehicle engine production reduced to $X in 2021 estimated in export price. Overall, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 162%. Over the period under review, production reached the peak level at $X in 2020, and then fell in the following year.

Motor Vehicle Engine Exports

Exports from the Russian Federation

In 2021, overseas shipments of motor vehicle engines (spark-ignition) increased by 2.7% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 590%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, motor vehicle engine exports skyrocketed to $X in 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 510% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Kazakhstan (X tons), Uzbekistan (X tons) and Japan (X tons) were the main destinations of motor vehicle engine exports from Russia, together comprising 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +245.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor vehicle engine exported from Russia were Kazakhstan ($X), Japan ($X) and Ukraine ($X), with a combined 87% share of total exports.

Among the main countries of destination, Japan, with a CAGR of +190.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motor vehicle engine export price stood at $X per ton in 2021, with an increase of 13% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motor vehicle engine export price increased by +106.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 81%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Uzbekistan ($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 Egypt (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into the Russian Federation

In 2021, the amount of motor vehicle engines (spark-ignition) imported into Russia expanded rapidly to X tons, surging by 6% against the previous year. In general, imports, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2016 when imports increased by 70%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 68% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X tons), China (X tons) and South Korea (X tons) were the main suppliers of motor vehicle engine imports to Russia, with a combined 70% share of total imports. These countries were followed by Slovakia, Hungary, Germany, the UK, Poland, Romania, Spain, Belarus, the Czech Republic and France, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +53.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the largest motor vehicle engine suppliers to Russia, together accounting for 64% of total imports. These countries were followed by Hungary, Spain, Germany, Poland, the UK, the Czech Republic, Slovakia, Romania, France and Belarus, which together accounted for a further 35%.

In terms of the main suppliers, Belarus, with a CAGR of +31.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, rising by 9.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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