With fairly stabilising figures, the replacement agricultural tyres market is down from Q3 in both 2019 and 2020 with the replacement truck tyres market remaining flat despite the marginal growth, reports the ETRMA (European Tyre & Rubber Manufacturers Association).
Replacement Truck Tyres Hold Firm
Starting with replacement truck tyres, 2021’s Q3 figures beat 2019’s by a small margin. With 3,564,000 units sold, which improves upon the 3,506,000 in 2019 but marginally worse than 2020’s 3,610,000.
Replacement agricultural tyres have definitely slipped further. In 2019, 262,000 units were recorded before in 2020 the sector reached the heights of 293,000 units, before falling to below 2019’s level for 2021 with 245,000 units recorded.
“Like in 2020, the main story in 2021 remains strong growth in the all-season segment, despite the overall decline in the market. The data also shows that this beginning of recovery is not yet consolidated for our sector. We hope that the upcoming months will show a more positive trend”, concluded Mrs Fazilet Cinaralp, ETRMA’s Secretary General.