Russian car service market is worth 1.5 trillion rubles

Russian car service market is worth 1.5 trillion rubles

Autostat – According to Autostat data, the volume of car services has reached 568 billion rubles in the country in 2014. The analysts calculate the volume of components market as 930 billion rubles for the same period. In other words, the citizens of Russian Federation have spent 1.5 trillion rubles on car services last year. The money spent on regular technical service, all kinds of repairs, bodywork operations, car wash, tyre repair and assembly is included in this figure. 70% of the serviced vehicles are foreign brands.

Moscow city and region alone have received 20% of all services carried out in the country. This is equivalent to 300 billion rubles in monetary terms. St. Petersburg and Leningrad region occupy the second spot with 100 billion rubles. Krasnodar Krai comes third with a volume of 56 billion rubles. Federal regions with volumes over 40 billion rubles, such as: Sverdlov, Rostov, Tatarstan and Primorski follow the top-three.

According to Autostat data, there are more than 46,000 service centres in the country. 9% of these are official and 33% independent services. The remaining 58% are service companies, specialised in certain areas.

The analysts predict the monetary volume of the market to increase by 20-25% this year.