At the beginning of 2025, Chinese tire imports to Russia decreased by 8.5%

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09:17; 25 March 2025 year
сгенерировано ИИ

© сгенерировано ИИ

At the beginning of 2025, Chinese tire imports to Russia decreased by 8.5% (to $85.7 million) compared to the same period last year. This is due to an oversaturation of the market, problems with logistics and a high Central Bank rate, according to "a href="https://www.kommersant.ru/doc/7603720 ?from=doc_lk">"Kommersant". 

In 2024, the market for passenger car tires grew by 23% to 56 million units, of which 70% are Chinese. Russian manufacturers, including Cordiant, are increasing capacity and competing on price.

A further reduction in imports is possible provided that domestic brands offer more favorable prices.