ETRMA Shows Difficult year in 2022

Early gains in replacement sales were hit by later declines, though the market overall was strong

The European Tyre and Rubber Manufacturers’ Association (ETRMA) has published its members’ 2022 sales figures, as well as Q4 2022 results

ETRMA: Tyre Sales in Europe Confirm Picture Shown in CV Figures

In its annual review of replacement tyre sales for the previous year, the ETRMA has shown that across Europe figures for replacement sales have been consistent with figures that Commercial Tyre Business has followed through the year from Germany, Italy, Netherlands, Spain and the UK.

An early boost in sales was followed by a disappointing later part of the year with sales down across the board impacting upon early gains.

Adam McCarthy, ETRMA’s Secretary General, said, “Last year was characterised by two contrasting half-year results for European tyre manufacturers. We saw a positive trend in the first six months for Replacement Consumer tyres with 7.4% growth compared to 2021, combined with +10.3% for Truck and Bus tyres. However, it turned into a challenging second half of the year.”

Overall, the segment of Replacement Consumer tyres saw a decline of two per cent in 2022 compared to 2021, with a decrease of 10.1% in the last six months. The replacement truck and bus tyre market remained stable (+1%), despite a sharp decline of 8.2% in the second half. A similar pattern was followed also by moto tyres, whose sales remained stable (+0%), despite a 11% decline in the last quarter.

Agricultural tyres saw negative figures throughout the year, resulting in a decline of 22% as overall year result.

McCarthy continued, “There is no doubt the war in Ukraine, and the subsequent increase in energy prices and higher cost of living, have impacted the industry’s replacement tyre sales in 2022”.

For original equipment (OE) tyres, year-end results are more positive with an increase of consumer tyres sales of +3.4% and of +4.7% for truck and bus. Compared to 2019, truck and bus OE tyre sales show an increase of +6.8%. OE consumer tyres remain instead still below pre-covid levels (-26%).



About the author

Ewan has been editor of Retreading Business since 2006 and of Tyre & Rubber Recycling since the magazine was founded. During this period he has become an expert on the global tyre recycling sector. He has many years' experience as an automotive journalist including a period at Tyres & Accessories.

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