Exhibition name: 2024 Moscow International Automobile Parts, After-sales Service and Equipment Exhibition (MIMS Automobility Moscow)
Exhibition time: August 19-22, 2024
Exhibition location: Expo center Ruby Exhibition Center, Moscow, Russia
Exhibition cycle: once a year
Exhibition overview:
The Russian automobile and spare parts market is one of the most attractive markets in the future. Its development brings together well-known domestic and international brands. This provides many auto parts manufacturers and suppliers with opportunities to expand their markets. MIMS specializes in and focuses on the local automobile and accessories market in Russia. Combined with Automobility’s global reputation and international audience resources, MIMS will build a more professional platform for communication between exhibitors and visitors in 2024. The joint exhibition will fully reflect Russia’s active automobile and parts market. The exhibits cover all elements of the entire automobile industry: from the latest designs of international automobile manufacturers to automobile spare parts, accessories and maintenance equipment.
In 2022, the exhibition attracted more than 600 exhibiting companies from 20 countries. In addition to local Russian buyers at this exhibition, overseas buyers from Turkey, Iran, Belarus and Kazakhstan accounted for more than 30% of the buyers received by the company. There are 125 exhibitors in the Chinese pavilion of this exhibition, most of which adopted the form of remote participation, and also achieved satisfactory results. Facts have proved that the Chinese pavilion at the Russian Auto Parts Exhibition in the post-epidemic era has gained a lot. As of the afternoon of the third day of the exhibition, 68% of the exhibitors had received more than 40 customers, and 62% of the exhibitors had received more than 40 customer business cards. Special equipment companies have also achieved satisfactory results. Among them, Kaisheng Power exhibited a large number of sensors and electronic.
According to data released by the General Administration of Customs, from January to November 2023, the trade volume between China and Russia was US$218.176 billion, a year-on-year increase of 26.7%. Among them, China’s exports to Russia were US$100.336 billion, an increase of 50.2%, far ahead of the growth rate of bilateral trade between China and other major trading partners, setting a new record high, and achieving the US$200 billion jointly proposed by the two countries in 2024 one year ahead of schedule. The goal.
According to statistical results released by Russian media for the first nine months of 2023, the total share of Chinese automobile brands in the Russian market has reached 53%. At the beginning of 2022, the share of Chinese cars among all brands in the Russian market was only 9%. The share of Chinese automobiles, which is still growing day by day, requires that Chinese automobile repair equipment and spare parts and components be provided at the same time. This has also created a huge demand gap in the Russian automobile aftermarket.
More than 60% of the auto parts supply in the Russian domestic market comes from imports. As Western auto parts companies withdraw from the Russian market, the Russian auto parts supply chain is broken and there is an urgent need to find new suppliers to replenish inventories.
This is an important opportunity for Chinese companies to expand their market share and international influence and increase product sales.
Post time: Feb-20-2024
