Components market for trucks in Russia is worth $9 billion

Components market for trucks in Russia is worth $9 billion

Autostat – According to the assessment published by Autostat, the components market for trucks in Russia has reached 226.3 million in 2011. The monetary value of this amount is equivalent to more than $ 9 billion. 60% of the market is formed of components produced for Russian trucks.

Money has been spent mostly on tyres, oil and other liquid products and fuel system components. For instance, while the magnitude of the tyre market was 6.88 million units in 2011, the monetary value of this amount corresponded to $2.9 billion. 157.7 litres ($743 million) of oil and other liquids have been consumed during the same period. The amount spent on fuel system components is $563.5 million (10.88 million units), on the other hand.