Tyre sales lower in Q3 2017: ETRMA

Companies belonging to the European Tyre and Rubber Manufacturers’ Association (ETRMA) experienced a further decrease of replacement market tyre sales in all segments during the third quarter of 2017. This decline was particularly strong in the agricultural segment, where member sales were down 25 per cent year-on-year in the three months to 30 September 2017. The ETRMA comments that sales in agricultural segment confirm a negative trend already seen in 2016.

When looking at the first nine months, sales of replacement consumer tyres remain slightly negative. The agriculture tyre segment is now markedly negative, whilst the moto and truck segments remain positive.