ETRMA Members’ Replacement Tyre Sales in Europe Q2-2022 data calls for caution due to the Ukraine/Russia war
Brussels, 13th July 2022 – Today the European Tyre and Rubber Manufacturers’ Association published its members’ replacement sales for the second quarter 2022.
Q2 2022 confirms a positive trend both in the Consumer (+6%) and Truck (+11%) tyres segments compared to 2021. The economic recovery explains the positive evolution, however we assist to a slowdown in the Consumer segment.
The Agricultural tyre segment remains very negative, being the only category still below 2019 volumes.
|In ‚000 units*||Q2 – 2021 YTD||Q2 – 2022 YTD||Variation Q2 2022/Q2 2021|
|Replacement Consumer1 tyres||53.044||56.043||6%|
|Of which Car Summer tyres
Of which Car all seasons tyres
Of which Car Winter tyres
|Replacement Truck Tyres||3.222||3.562||11%|
|Replacement Agricultural Tyres||337||265||-21%|
|Replacement Moto & scooter Tyres||2.826||2.836||0%|
“We observe signs of declining demand and fear that the challenges linked to the rising cost of gas, the raw materials and the semi-finished products supply will maintain the industry under pressure”, said Mrs Cinaralp, Secretary General of ETRMA.
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The European Tyre & Rubber Manufacturers Association (ETRMA) represent nearly 4.400 companies in the EU, directly employing more than 350.000 people. The global sales of ETRMA’s 14 corporate members represent 70% of total global sales and 7 out of 10 world leaders in the sector are ETRMA Members(1). We have a strong manufacturing and research presence within the EU and candidate countries, with 93 tyre-producing plants and 17 R&D centres.
(1) – ETRMA’s membership: APOLLO TYRES, BRIDGESTONE EUROPE, BRISA, CONTINENTAL, GOODYEAR, HANKOOK, MARANGONI, MICHELIN, NEXEN TIRE EUROPE, NOKIAN TYRES, PIRELLI, PROMETEON, SUMITOMO RUBBER INDUSTRIES AND TRELLEBORG WHEEL SYSTEMS. Furthermore, members include Associations in the following countries: Czech Republic, Finland, France, Germany, Hungary, Italy, the Netherlands, Poland, Slovak Republic, Spain and the UK.
Zdroj: ETRMA (https://www.etrma.org/)