ETRMA: Truck tyre replacement sales up 9 per cent

The latest ETRMA data shows that the performance of the industry is generally stable and followed expectations, with a very positive evolution for truck tyre replacement (+9 per cent). Agricultural tyre sales performed poorly for the fifth year in a row (-4 per cent). As for the last quarter of 2018, all tyre segments showed a positive trend compared to Q4 2017.

There was a small increase (+1 per cent) in the replacement market for consumer tyres, notably due to a strong increase in the growing market for all-season tyres. However, there was a small decrease (-4 per cent) in the original equipment market. Overall, the consumer tyre sales from ETRMA Members remain generally stable. Comparing the evolution of winter and summer tyre sales, it is interesting to note the slight increase in sales of winter tyres (+1 per cent) also observed in previous years.

For the truck tyre replacement segment, there was a very positive trend of +9 per cent in sales by ETRMA Members, supported by an exceptionally strong fourth quarter in 2018 (+16 per cent compared to 2017).

“All in all, the 2018 figures confirm a stable market evolving according to expected trends, welcoming the continued increase in winter and all-season tyres adding to the safety on our roads,” said Fazilet Cinaralp, Secretary General of ETRMA. “Further, our Members’ sales increase in the truck replacement market is a very positive evolution with spectacular jumps in notably Poland, Germany, Spain, Great Britain, Italy and the Netherlands.” pg/cja

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