The barrel and the Russian market – brothers forever

8 June 2018

RAMR predicted long-term stagnation of the barrel and the Russian automotive market

The Agency RAMR predicted growth of the Russian market of new cars in 2018 in the baseline forecast, respectively, by 11.8% to 2017. The size of the market will grow to 1 million 621 thousand For the medium term period up to 2023 growth in the market after a growth stabiliziruemost and will be of the order of 1.69 million per year, i.e. will stagnate, but not by itself, and in accordance with the cost of a barrel of Russian Urals which during the period will drop to $54,04. Accordingly, the dollar will rise up to ₽of 65.5. Hence, such a more than moderate growth of the automobile market, more like stagnation.

The share of Russian brands during the forecast period will remain stable and will be 21-22% of the market. The share of the premium segment on the market a few rise about 2018, but for a budget (B/ B+) and mass (C, SUV) segments will be characterized by multidirectional dynamics.