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Thanks to China: tire imports to Russia have grown

Tire imports to Russia grew by 28% in the first half of the year to 10.9 million units, according to the Chestny Znak labeling system. The peak of supplies came in March, when 2.3 million tires were imported into the country (18.8% more than a year earlier).

Then large tire production of foreign brands was suspended in Russia, including Bridgestone, Continental (later restarted), Michelin and Yokohama. The statistics take into account tires for both cars and special and agricultural equipment. As a result, the share of imports in the market amounted to 30%.

The growth was provided by Chinese companies, which in January-June increased deliveries by 44.7% at once, to 3.8 million units. Shipments from Korea fell by 54%, to 767.2 thousand pieces, Japan – by 44.9%, to 527.5 thousand, Luxembourg – by 60%, to 336 thousand, Germany – by 42.2%, up to 304.5 thousand pieces.

Supplies of tires from the EU are rapidly declining amid sanctions: in April, tires for cars were supplied for €213 thousand against €23.3 million in February, for agricultural and forestry equipment – €310.5 thousand against €3.5 million , equipment for mining and construction – €484 thousand against €5.3 million.

At the same time, it follows from the statistics of China, India and Turkey that, in monetary terms, the supply of tires for agricultural and special equipment is growing most actively in Russia. Plants for its production in the Russian Federation are not idle, unlike the automotive industry.

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