ETRMA Members’ Tyre Sales in Europe: Replacement tyre market figures show a mixed picture for 2022 with sales impacted by a challenging second half of the year

19 January 2023

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

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%).

Like every year, the Annex gives a breakdown per country of the tyre replacement trend sales for the past four years.