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The import of passenger cars to Russia has tripled in the first 10 months of 2023
Source:Vedomosti From:Taiwan Trade Center, Moscow Update Time:2023/12/21

889,400 passenger cars were imported to Russia in the first 10 months of 2023, which is 2.8 times more than in the same period last year. This is evidenced by the data of the joint venture "Autostat" and the electronic PTS system – "Passport Industrial Consulting" (PPK). More than 60% of the total number of imported cars are new cars (546,800 units), about 40% are used (342,600 units).

October 2023 was a record month for the import of new passenger cars. In total, 86,800 new cars were imported last month, according to a statement from Autostat. The previous record was set a month earlier – in September, when 80,800 cars were imported.

China became the main supplier of new cars to Russia in 2023. It accounted for about 80% of all shipments. Autostat experts name Kazakhstan, Kyrgyzstan, and to a lesser extent Armenia and the United Arab Emirates among the supply routes. Japan is the main supplier of used cars, its share is 54%. Used foreign cars are also coming from Belarus, South Korea and Germany. Since August 9, Japan has imposed an embargo on exports to Russia of new and used cars with an engine capacity of more than 1.9 liters, as well as hybrids and electric cars.

The most popular brands of new imported cars are Chinese Chery (23%), Changan (10%), Omoda (9%), Geely (8%) and Exceed (7%), the CPC calculated. Moda and Exceed are sub-brands of Chery, that is, this carmaker as a whole accounts for almost 40% of imports. In just 10 months of this year, 94,284 Chery cars were sold in Russia – 3.6 times more than in the same period of 2022. This result allowed the brand to take the second place in the top sales after Lada. For comparison, the Chinese Haval, which is produced at a factory in the Tula region, is in third place with a gap of 12,303 cars behind Chery.

According to the CPC, about 1.1 million new and used passenger cars will be imported to Russia in the whole of 2023. "This will be an absolute record for many years. Next year, due to a significant increase in recycling fees and an increase in domestic production, automobile imports should decrease slightly," the company said in a statement.

Scrap collection for passenger cars – a one–time payment made for the release or import of equipment - was indexed from August 1 by 1.7-3.7 times, depending on the volume of the vehicle's engine. The volume of domestic production of passenger cars in the three quarters of this year increased by only 2.7% year-on-year to 358,000 vehicles, according to Rosstat data.

In 2024, car imports will fall, agrees Sergey Burgazliev, an independent automotive consultant. According to him, a significant increase in production at domestic plants, in addition to Avtotor, is not expected at least in the first half of next year. The import of used cars registered to individuals will decrease less than the import of new cars, Burgazliev predicts. Those who wanted to buy a car at lower recycling rates this year have already done so, the expert explains.

Source: https://www.vedomosti.ru/auto/articles/2023/11/10/1005275-import-mashin-viros