Russian spare parts market has reached $18.8 billion in 2016

Russian spare parts market has reached $18.8 billion in 2016

Autostat – According to Autostat, the aftermarket of car components and spare parts has amounted to 970 million units in Russia in 2016. The market volume has reached a total sum of $18.8 billion in monetary terms, which is equivalent to 1.26 trillion rubles.

The three traditional segments have kept their leadership in the aftermarket of parts and components: suspension parts, tyres and oil. Suspension parts market has amounted to 135 billion rubles in total last year, which corresponds to approximately 11% of the components market in financial terms. 

More than 9% of the market belongs to car tyres segment, which is equivalent to 121.5 billion rubles. Oils and technical fluids occupy the third spot (share around 8%). A total amount of 309 million litres of oils and fluids have been used in cars in 2016, costing automobile owners 97 billion rubles.