Market ReportsNewsrss5

USTMA predicts lower shipments for U.S. tire market

Washington, DC – The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 334.8 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 2019.

Compared with 2021, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 9.9%, 9.7%, and 9.1% respectively, with a total increase of 4.8 million units. Replacement passenger, light truck and truck tire shipments are projected to change by -3.4%, -2.4%, and +15.3% respectively, with a total decrease of 5.1 million units.

Detailed 2021 data can be found in the USTMA’s annual Factbook, which can be purchased from the Publications section www.ustires.org.