For 11 months of 2018 in Russia has risen and new and used pick-UPS and LCVs

15 January 2019

The weighted average prices for light commercial vehicles during the first 11 months of 2018 was observed in all segments

According to Russian Automotive Market Research (RAMR) for the eleven months of 2018, the average prices for new pickups (Pickups) and LCV grew by 7.5% compared to the same period in 2017, and for used pickups and LCV – 9%.

The capacity of the market of new LCV and pick-UPS in January-November 2018 increased by 11.4% compared to the same period last year.

The capacity of the secondary market of light commercial vehicles increased by 7.9%.
the Market of new LCV and pick-UPS
The growth of average weighted prices for new LCVs and pickups for the eleven months of 2018 was recorded by all brands in the Top 10, with the exception of the Mitsubishi.

However, in this time Mitsubishi has allocated the most significant growth of financial capacity – 152,8%. This increase is attributable primarily to a significant increase in brand sales (+156,3%), and presented in this segment only modely truck L200.

Among the Top 10 brands on the financial result of the greatest market capacity in January-November 2018 was observed in Gas – ₽53,43 million, with the growth of market capacity of this brand was 10.5%.
Financial results sales of brands UAZ, Toyota and Citroen, in contrast, have decreased due to the decline in demand for the period more than 9%.
Among the Top 10 regional LCV markets highest average prices for new LCVs, quite naturally, was recorded in Moscow (₽1 million 631,1 thousand), Moscow region (₽1 million 554,8 thousand) and St. Petersburg (₽1 million 536,6 million).

A leader in the market among the Russian regions remains Moscow. The volume of the market of new LCV in the capital region in January-November 2018 amounted to ₽25.3 million the capacity of the markets of the Moscow region and St. Petersburg, which are also included in the top three in this indicator, respectively, amounted to ₽of 15.38 million ₽10.92 million But the market of the Rostov region in January-November 2018 decreased financial capacity by 5.8%, reflecting a decrease in physical sales of new LCVs in the region of 11.8% compared to the same period of 2017.

the Market for used LCVs and pickups
For the first 11 months of 2018 all the brands from the Top 10 on the secondary market for LCVs and pickups also showed a rise in the average price.

Among these brands, the largest market capacity has also been observed in Gas – ₽61,18 million, with the growth of market capacity of the brand amounted to 4.9%.

Among the Top 10 regions with the highest weighted average prices for used LCVs and pick-UPS were recorded in the Kaliningrad region (₽887,3 million), St. Petersburg (₽727,9 million) and Moscow (₽724,4 thousand).

A leader in the market for used LCVs and pick-UPS among Russian regions also welcomed by Moscow. In the capital for the eleven months of 2018 was resold for used light commercial vehicles at ₽22.06 million Capacity markets, also included the three leaders, Moscow region and Saint Petersburg constituted respectively ₽19,42 million and ₽13.36 million Negative dynamics of the financial capacity of the regional market of the Top 10 recorded only in the Kaliningrad region (-0.4 per cent)..