Rapid recovery of the Russian tire market

According to statistical data in the first half of 2010 and the current status of major tire company is evident that the Russian tire market after the financial crisis presents some new features: rapid recovery of the industry, import and export its surplus, consumers tend to choose lower-grade tires.

Compared with before the financial crisis, the Russian tire market the product structure is not a qualitative change, the major share of the market is still a passenger car tire (74%). First half of 2010, total Russian sales of various types of vehicles, tires 17.8 million, up 21% over last year. This shows that the Russian tire market in the first quarter of 2009 fell to the bottom, it begins to rebound toward recovery. Among them, the passenger car tire sold 13.1 million, up 16%; truck tires sold 2.4 million, an increase of 34%; light commercial vehicle sales of 1.8 million tires, up 30%; agricultural and engineering sales of tires 50 million, an increase of 47%. Birth weight and growth rate of the larger projects because of the class of 2009, compared with other species down the tire is more apparent.
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