Russia Road Freight Transport Market Size

The Russia Road Freight Transport Market is projected to experience growth over the forecast period, with its market size expanding steadily. Despite challenges such as a decline in overall retail turnover and the impact of international sanctions, certain sectors within the market are expected to show resilience and recovery. The ban on road cargo transportation from specific countries has influenced the market dynamics, but industrial output and manufacturing sectors are anticipated to grow, contributing to the market's expansion.

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Market Size of russia road freight transport Industry

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Russia Road Freight Transport Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 22.30 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 26.17 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Manufacturing
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 2.71 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Industry Manufacturing

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Russia Road Freight Transport Market Analysis

The Russia Road Freight Transport Market size is estimated at 22.30 billion USD in 2024, and is expected to reach 26.17 billion USD by 2030, growing at a CAGR of 2.71% during the forecast period (2024-2030).

22.30 Billion

Market Size in 2024 (USD)

26.17 Billion

Market Size in 2030 (USD)

1.30 %

CAGR (2017-2023)

2.71 %

CAGR (2024-2030)

Largest Market by Distance

74.43 %

value share, Long Haul, 2023

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With a daily capacity of over 600 trucks, truck transport became operational between the new border crossing point for Kani-Kurgan (Amur region in Russia) and Heihe (China), driving the long haul segment.

Largest Market by Goods Configuration

72.10 %

value share, Solid Goods, 2023

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Manufacturing industries constitute a major part of solid goods and make up a significant portion of the national GDP, thus driving the growth of the solid goods segment.

Largest Market by End User Industry

34.30 %

value share, Manufacturing, 2023

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During the initial half of 2023, the overall industrial output witnessed a growth exceeding 6%, driving the growth of the end-user industry.

Fastest Growing Market by Truckload Specification

3.03 %

Projected CAGR, Less than-Truck-Load (LTL), 2024-2030

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Small- and medium-sized enterprises (SMEs) are significant users of LTL services. The SMEs in Russia grew by 4.5% from 2020 to 2022, driving the growth of the LTL segment.

First Leading Market Player

45.52 %

market share, TK Megapolis, 2022

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TK Megapolis provides logistics and distribution services for the FMCG field, including tobacco products, with more than 3,300 company-owned vehicles.

The overall industrial output witnessed a growth of 6% YoY during H1 2023, driving the demand for road freight services

  • In 2022, the overall retail turnover in Russia witnessed a decline of approximately 6% compared to the previous year. However, during the first nine months of the same year, online sales demonstrated significant growth, surging by 43% and reaching a total of USD 47.80 billion. Despite the challenges, the grocery retail sector managed to grow by an estimated 9-9.5% in 2022, primarily driven by inflationary price increases. Although the rate of decline in retail sales for 2023 is anticipated to be lower than that of 2022, the overall trend is still expected to be negative.
  • In October 2022, Russia implemented a ban on cargo transportation by road for companies from specific countries. This ban affected companies from all EU countries, including Norway, Ukraine, and the United Kingdom, preventing them from transporting goods through Russia by road. The decision was made in response to these countries' earlier imposition of restrictions on Russian truckers as part of the sanctions on Moscow. The ban applied to bilateral and transit goods transportation, including cargo transportation to or from the territory of a third state.
  • During the initial half of 2023, the overall industrial output witnessed a growth exceeding 6%. Russia anticipates that, by the year's end, sectors facing significant challenges will show signs of recovery. Projections indicate a potential 2% growth in motor vehicle manufacturing, approximately 3.5% in machinery and equipment production, and an almost 8% increase in the medicines and preparations sector. The primary objective is to achieve a 55% upswing in the manufacturing index over the next 12 years compared to the baseline year of 2019, coupled with nearly doubling labor productivity within the same timeframe.
Russia Road Freight Transport Market

Russia Road Freight Transport Industry Segmentation

Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Domestic, International are covered as segments by Destination. Full-Truck-Load (FTL), Less than-Truck-Load (LTL) are covered as segments by Truckload Specification. Containerized, Non-Containerized are covered as segments by Containerization. Long Haul, Short Haul are covered as segments by Distance. Fluid Goods, Solid Goods are covered as segments by Goods Configuration. Non-Temperature Controlled, Temperature Controlled are covered as segments by Temperature Control.

  • In 2022, the overall retail turnover in Russia witnessed a decline of approximately 6% compared to the previous year. However, during the first nine months of the same year, online sales demonstrated significant growth, surging by 43% and reaching a total of USD 47.80 billion. Despite the challenges, the grocery retail sector managed to grow by an estimated 9-9.5% in 2022, primarily driven by inflationary price increases. Although the rate of decline in retail sales for 2023 is anticipated to be lower than that of 2022, the overall trend is still expected to be negative.
  • In October 2022, Russia implemented a ban on cargo transportation by road for companies from specific countries. This ban affected companies from all EU countries, including Norway, Ukraine, and the United Kingdom, preventing them from transporting goods through Russia by road. The decision was made in response to these countries' earlier imposition of restrictions on Russian truckers as part of the sanctions on Moscow. The ban applied to bilateral and transit goods transportation, including cargo transportation to or from the territory of a third state.
  • During the initial half of 2023, the overall industrial output witnessed a growth exceeding 6%. Russia anticipates that, by the year's end, sectors facing significant challenges will show signs of recovery. Projections indicate a potential 2% growth in motor vehicle manufacturing, approximately 3.5% in machinery and equipment production, and an almost 8% increase in the medicines and preparations sector. The primary objective is to achieve a 55% upswing in the manufacturing index over the next 12 years compared to the baseline year of 2019, coupled with nearly doubling labor productivity within the same timeframe.
End User Industry
Agriculture, Fishing, and Forestry
Construction
Manufacturing
Oil and Gas, Mining and Quarrying
Wholesale and Retail Trade
Others
Destination
Domestic
International
Truckload Specification
Full-Truck-Load (FTL)
Less than-Truck-Load (LTL)
Containerization
Containerized
Non-Containerized
Distance
Long Haul
Short Haul
Goods Configuration
Fluid Goods
Solid Goods
Temperature Control
Non-Temperature Controlled
Temperature Controlled
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Russia Road Freight Transport Market Size Summary

The Russia Road Freight Transport Market is poised for gradual expansion over the coming years, driven by a combination of industrial recovery and strategic developments within the sector. Despite facing challenges such as EU sanctions and geopolitical tensions, the market is expected to experience steady growth. The sector's resilience is underscored by its significant contribution to the country's GDP, particularly through land and pipeline transport activities. The road freight segment has been pivotal in moving substantial volumes of goods, with logistics enterprises in key regions like the Central Federal District playing a crucial role. The market's dynamics are further influenced by the evolving retail landscape, with online sales and grocery sectors showing notable growth, albeit amidst broader economic challenges.

The market landscape is moderately consolidated, with major players like DL-TRANS LTD, ITECO Corporation, MONOPOLY, PEK, OOO, and TK Megapolis dominating the scene. These companies are actively engaging in initiatives to enhance sustainability, such as DHL Freight's GoGreen Plus service, which aims to reduce CO2 emissions. The sector is also witnessing strategic expansions and service introductions, as seen with PEK, OOO's new branch in Dubna and DL-TRANS Ltd's container transportation services from Turkey to Russia. These developments, coupled with the anticipated recovery in industrial output and manufacturing sectors, are expected to bolster the road freight transport market's growth trajectory in the coming years.

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Russia Road Freight Transport Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Agriculture, Fishing, and Forestry

      2. 1.1.2 Construction

      3. 1.1.3 Manufacturing

      4. 1.1.4 Oil and Gas, Mining and Quarrying

      5. 1.1.5 Wholesale and Retail Trade

      6. 1.1.6 Others

    2. 1.2 Destination

      1. 1.2.1 Domestic

      2. 1.2.2 International

    3. 1.3 Truckload Specification

      1. 1.3.1 Full-Truck-Load (FTL)

      2. 1.3.2 Less than-Truck-Load (LTL)

    4. 1.4 Containerization

      1. 1.4.1 Containerized

      2. 1.4.2 Non-Containerized

    5. 1.5 Distance

      1. 1.5.1 Long Haul

      2. 1.5.2 Short Haul

    6. 1.6 Goods Configuration

      1. 1.6.1 Fluid Goods

      2. 1.6.2 Solid Goods

    7. 1.7 Temperature Control

      1. 1.7.1 Non-Temperature Controlled

      2. 1.7.2 Temperature Controlled

Russia Road Freight Transport Market Size FAQs

The Russia Road Freight Transport Market size is expected to reach USD 22.30 billion in 2024 and grow at a CAGR of 2.71% to reach USD 26.17 billion by 2030.

In 2024, the Russia Road Freight Transport Market size is expected to reach USD 22.30 billion.

Russia Road Freight Transport Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030