06.07.2020 / In which regions did the truck market revenue grow?

In January-May 2020, the new truck market revenue amounted to 165 billion rubles, which was a 5.6% decline on January-May 2019.

A 10.9% drop in new truck sales caused negative dynamics of the market revenue.

New truck weighted average prices and market revenue,
January-May 2020/2019

Source: Russian Automotive Market Research

In January-May 2020, not only used truck sales of used trucks decreased (-12.3%), but their weighted average prices. In this regard, the used truck market revenue fell by 15.4% and amounted to 175 billion rubles.

Used truck weighted average prices and market revenue,
January-May 2020/2019

Source: Russian Automotive Market Research

New truck market

The Moscow region became the leader by financial results among regional markets. New trucks on 14.4 billion rubles were sold over the first five months of 2020 in this region. Market revenue of Moscow and Khanty-Mansi AR, which are in the top three, amounted to 11.9 billion rubles and 11.4 billion rubles, respectively.

Khanty-Mansi AR and Tatarstan Republic showed the largest increase in the market revenue. Over the first five months of 2020, new truck sales in these regions grew by 21.5% and 15.5%, respectively.

Dynamics of the market revenue remained positive in the Irkutsk and Chelyabinsk regions.

New truck weighted average prices and market revenue,
TOP-10 regions, January-May 2020/2019

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 52.9 billion rubles. It was followed by VOLVO, truck sales of which in money terms amounted to 20.8 billion rubles. Top three also included SCANIA with a financial result of 15.7 billion rubles.

Two TOP-10 brands kept positive dynamics of the market revenue – URAL and ISUZU. Sales of new URAL trucks in money terms increased by 35.8% not only due to increase in weighted average prices, but growth of sales by 18.7%. Sales of Isuzu trucks were up by 11.3% over the first five months, which provided increase in the market revenue by 11.5%.

New truck weighted average prices and market revenue,
TOP-10 brands, January-May 2020/2019

Source: Russian Automotive Market Research

Used truck market

The Moscow region became the leader by used truck market revenue among Russian regions. In January-May 2020, used trucks on 12.4 billion rubles were sold in the region. TOP-3 also included Moscow and the Krasnodar region, in which 8.0 billion rubles and 7.5 billion rubles were spent on used trucks, respectively.

Only two TOP-10 regions - Chelyabinsk region and Bashkortostan Republic - kept positive dynamics of the market revenue. Following results of five months, used truck sales grew by 61.5% in the Chelyabinsk region and 7.8% in Bashkortostan Republic.

Used truck weighted average prices and market revenue,
TOP-10 regions, January-May 2020/2019

Source: Russian Automotive Market Research

In January-May 2020, KAMAZ became the leader by financial results. For the reporting period, 50.7 billion rubles were spent on used trucks of this brand. VOLVO (16.0 billion rubles) and MAN (15.7 billion rubles) are also entered the top three by the market revenue.

Only one brand – ISUZU - showed positive dynamics of the market revenue. Sales of used Isuzu trucks increased by 28.3% over the first five months.

Used truck weighted average prices and market revenue,
TOP-10 brands, January-May 2020/2019

Source: Russian Automotive Market Research