News

Fourth quarter replacement tyre volumes increase, full year performance generally positive

30 January 2025

 

The European Tyre and Rubber Manufacturers’ Association (ETRMA) published its members’ replacement tyre sales figures for the fourth quarter, and the full year 2024.

Adam McCarthy, ETRMA’s Secretary General, said, “The 4th quarter 2024 evolution is positive versus the 4th quarter 2023 in all product lines, mainly due to a weak performance in Q4 2023.

After a negative evolution in 2023 (versus 2022), with -8% in the Consumer segment and -17% in the Truck segment, the evolution of volumes in 2024 is getting better for Consumer tyres, mainly thanks to the All Seasons segment but still slightly negative for Truck tyres.

In both segments, we are still far from the pre-pandemic volumes, respectively, at -3.5% and -10.3% versus 2019. ETRMA volumes in Truck tyres continue to be affected by the growth of non-pool volumes (despite antidumping duties). Volumes in the Agricultural tyre segment have been supported by rainy weather conditions.”

Read ETRMA's quarterly update below to learn more about the latest data on original equipment tyres, tyre imports into Europe (EU27 plus UK), mobility trends in Europe and sustainability and the tyre industry.