The English version of the report is available in 2-3 weeks after ordering
RPI would like to bring to your attention the analytical report entitled “Automotive Engine Oil Market in Russia: current situation, forecast through 2030, analysis of key market players and sales channels”.
In the 2018 report, the following topics have been updated, added or substantially expanded:
• Updated stats on Russia’s car fleet as per researched segment, vehicle model and region
• Updated forecast of use of engine oil in Russia by all researched groups of motor vehicles by 2030
• Collected and analyzed data in accordance with consumer preferences by corporate users of lubricants, including breakdowns by large truck fleets, construction company fleets and other consumers
• Deeper analysis of engine oils sales channels, availability of engine oil consumer profiles
• Updated information on key players in Russia’s lubricants market
The report is released as a detailed presentation in PDF format and an attachment in the form of an Excel spreadsheet with key research findings and figures, thus combining a modern data presentation format with an opportunity to further analyze the data.
Over the course of 2017, Russia’s lubricants market was characterized by the following trends:
• The year-ending results suggest that Russia’s lubricants market has stabilized, posting a minor growth, which totaled 0.2 percent. According to an RPI forecast, by 2030 the market growth could top 27.9 percent compared to 2017, and the total market size could exceed 2.2 million tons.
• In 2017, the automotive engine oil market in Russia posted minimal growth in lubricant sales (0.8 percent).
• Last year, the changes in competitive environment in the automotive engine oil market were less conspicuous than in 2014-2016, primarily due to the stabilization of Russia’s national currency, ruble, and the key players’ ability to adapt to the new market reality. Meanwhile, the companies that have manufacturing sites in Russia saw continued growth of their respective market shares.
• In mid-term perspective, we shall see a key tendency being maintained as the redistribution of shares of different engine oil sales channels continues: in 2014-2017 the market share of franchised workshops rose from 27 percent to 32 percent, and could top 40 percent by 2030. The fastest growth rate is expected in the independent service station sector, while the share of “garage” servicing is bound to decrease.
• The mid-term perspective also hold the promise of maintaining the tendency of a number of corporate clients continuing to switch to using domestically produced lubricants, including their use in foreign-made machinery.
The above-mentioned tendencies, as well as other trends and peculiarities of market development dictate the necessity of their thorough study and account when lubricant producers and distributors make operative and strategic decisions.
Research methodology and sources of information:
- Data collection and analysis of industry statistics (Central Dispatching Department of Fuel and Energy complex, SPARK, Federal Customs database, etc.)
- Analysis of Russia’s car fleet with breakdown by brand, model, and utilization rate
- Collection and systemized presentation of technical requirements with breakdown by oil type for different car brands and models
- Engine oil consumer surveys including those conducted at forums and industry-related websites
- Analysis of Russia’s production of cars and internal combustion engines
- Collecting data on the largest companies operating in the Russian market, legended interviews
- Interviews with representatives of the largest retail chains and service stations
Detailed elaboration and high accuracy of collected market data qualify this report for use in preparing and making operational, strategic, and investment decisions.
“Automotive Engine Oil Market in Russia: current situation, forecast through 2030, analysis of key market players and sales channels” report is intended for the following industry groups and communities:
• Russian lubricants producers
• Foreign lubricants producers
• Blending companies
• Additives producers
• Distributors and dealers
• Manufacturers of lubricant production equipment
• Banks and investment companies
• Consulting firms