In the first half of the year, KAMAZ PTC, which experienced large-scale restrictive measures to combat coronavirus, increased its exports to the CIS countries in annual terms by 1.7 times, but delivered to non-CIS countries by 31.5% less.
According to the company's report for the second quarter of 2020, the total export of cars, assembly kits of parts (SKD) and assembly kits (SK) in the 1st half of the year amounted to 1,894 thousand units, which is 37.2% more in annual terms. … The growth was provided by an increase in supplies to the CIS up to 1,579 thousand units. (+ 71.6%). In January-June, 315 units were delivered to non-CIS countries against 460 a year earlier (-31.5%).
682 units (19 cars and 663 SKD) were exported to Kazakhstan in the 1st half of 2020, which is 21.4% higher than the indicator of the 1st half of 2019 (562 units). In the quarterly report of KAMAZ (MCX: KMAZ) “it is said that the Kazakh car market in January-May fell by 30% compared to last year, but at the same time the volume of sales of KAMAZ vehicles increased by 10%, and the company's share in this market was 50%, against 31% for the same period. last year.
In the first half of the year, KAMAZ delivered 682 vehicles to Turkmenistan.
In Uzbekistan, the company continues assembling from assembly kits at the facilities of the UzAvtoTrailer company. KAMAZ notes that the entry into force of the decree of the government of Uzbekistan, which abolished customs duties and excise taxes on the import of new construction equipment until 2021, has led to the loss of competitive advantage in the republic. The company calls the introduction of waste collection from August and the extension of restrictive measures in connection with the pandemic as other negative factors in this market.
Among the neighboring countries, where KAMAZ exported its products in the 2nd quarter of 2020, were Belarus, Armenia, Azerbaijan and Kyrgyzstan.
Among the export destinations of the far abroad, where deliveries were made in April-June, the company names Vietnam, the Philippines, Mongolia, Indonesia, as well as the countries of Africa, the Middle East, Latin America and Eastern Europe.
“The introduction of national restrictions due to the COVID-19 pandemic leads to the suspension of funding for large projects, the disruption and cancellation of contracts for the supply of vehicles,” KAMAZ writes in its quarterly report on the markets of Southeast Asia, the Middle East and Africa.
In Latin America, the company notes the lack of funding for previously planned state projects to renew the vehicle fleet.