Foreign tires occupied two thirds of the Russian tire market in 2015

Russian Automotive Market Research

According to Cordiant JSC, in 2015 the volume of import of tires for cars in Russia was 13.76 million units. In comparison with 2014, this figure decreased by 31%. The main reason for the sharp reduction in import was the Russian ruble devaluation.

Main positions in the import structure belong to Korean and Japanese brands. Thus, in 2015 the share of Japanese tires in total import amounted to 24% (in 2014 this figure was 20%), from the Republic of Korea – 14% (in 2014 – 21%), from China – 12% (in 2014 – 15%).
The share of foreign tires in 2015 accounted for 66% of sales in the Russian market. At the same time, Russian producers increased their production, which grew by 40%. Cordiant JSC increased its production by 96% and reached the level of capacity utilization of 80-90%.