22.07.2021 / Financial results of truck sales exceeded 250 billion rubles

Following results of the first five months of 2021, the new truck market revenue amounted to 253.5 billion rubles, which was a 52.8% rise on the similar period of 2020.

Positive dynamics of the market revenue is due to the increase in new truck sales by 38.8% and growth in their weighted average price by 10.1%.

New truck weighted average prices and market revenue,
January-May 2021/2020

Source: Russian Automotive Market Research

In January-May 2021, not only sales of used trucks increased (10.3%), but also their weighted average prices (13.6%). In this regard, the used truck market revene was up by 25.3% and amounted to 220 billion rubles.

Used truck weighted average prices and market revenue,
January-May 2021/2020

Source: Russian Automotive Market Research

New truck market

The Moscow region became the leader among regional markets by financial results. Over five months of 2021, new trucks on 25.8 billion rubles were sold in the region. The market revenue of the Tatarstan Republic and Moscow, which also entered the TOP-3, amounted to 21.2 billion rubles and 19.1 billion rubles, respectively.

All regional TOP-10 markets showed positive dynamics of the market revenue except Khanty-Mansi AR, in which financial results of the new truck market fell by 24.1%. It was primarily caused by the decrease in sales by 23.6% on the similar period of 2020.

New truck weighted average prices and market revenue,
TOP-10 regions, January-May 2021

Source: Russian Automotive Market Research

For the reporting period, the best financial result belonged to KAMAZ. Sales of new KAMAZ trucks in money terms amounted to 80.4 billion rubles. It was followed by SCANIA, truck sales of which in money terms reached 33.3 billion rubles. VOLVO also entered the TOP-3 with a financial result of 26.9 billion rubles.

All TOP-10 brands kept positive dynamics of the market revenue except ISUZU as its financial results decreased by 18.8%. It was caused by a 38.8% decrease in sales on the simular period of 2020.

New truck weighted average prices and market revenue,
TOP-10 brands, January-May 2021

Source: Russian Automotive Market Research

Used truck market

The Moscow region became the leader among Russian regions by the used truck market revenue. Following results of January-May 2021, used trucks on 17.7 billion rubles were sold in the region. TOP-3 also included Moscow and the Krasnodar region with 11.3 billion rubles spent on the used trucks in each region.

All TOP-10 regions showed positive dynamics of the market revenue.

Used truck weighted average prices and market revenue,
TOP-10 regions, January-May 2021

Source: Russian Automotive Market Research

In January-May 2021, KAMAZ became the leader by financial results. 58.1 billion rubles were spent on the used trucks of this brand for the reporting period. TOP-3 brands by the market revenue also included VOLVO (24.5 billion rubles) and SCANIA (23.2 billion rubles).

All TOP-10 brands kept positive dynamics of the market revenue except ISUZU and URAL, their financial results decreased by 14.4% and 21.7%, respectively. This was caused by the decrease in sales by 19.2% and 24.6%, respectively, on the similar period of 2020.

Used truck weighted average prices and market revenue,
TOP-10 brands, January-May 2021

Source: Russian Automotive Market Research