Analysis of the future development of the Russian mold market

The demand for the Russian mold market is not currently very large. A large part of these molds were imported from Portugal, and a small part of them were exported from Germany, China, and other countries. Judging from the types of molds imported from Russia, there are more plastic molds and fewer automotive molds.

Because Russia's local Volga and Lada automobile development momentum is not ideal, so Russia still needs to introduce a large number of European and American, Japanese cars. However, Russia’s potential vehicle purchasing power is very strong. Its government also gives active support to the Russian automobile industry. Therefore, the development prospects of the Russian automobile industry are still very optimistic. Russia is expected to become the country that will rapidly increase the import demand for automobiles, auto plastic molds, auto stamping dies and auto parts. In other words, Russia’s daily-use plastic molds, mechanical hardware stamping dies, and automotive molds will surely grow with the automobile industry in the future. And increase the amount of imports.

Domestic auto machinery hardware mold companies can further study the market in Russia, concentrate on innovative technologies, build brands, and expect to compete in the future Russian market.