ETRMA
Overall Stability in European Tyre Replacement Sales
Overall, the performance of the industry is generally stable and followed our expectations, with a very positive evolution for truck tyre replacement (+9%). Agricultural tyre sales performed poorly for the fifth year in a row (-4%). As for the last quarter of 2018, all tyre segments showed a positive trend compared to Q4 2017. They note a small increase (+1%) in the replacement market for Consumer Tyres, notably due to a strong increase in the growing market for all-season tyres. However, we observed a small decrease (-4%) 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%) also observed in previous years. For the Truck Tyre replacement segment, we welcome a very positive trend of +9% in sales by ETRMA Members, supported by an exceptionally strong fourth quarter in 2018 (+16% 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.
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ETRMA-European Tyre & Rubber Manufacturers’ Association
Avenue des Arts 2, box 12
1210 Brussels
Belgien