Third quarter replacement tyre volumes increase; nine-month performance more mixed
The European Tyre and Rubber Manufacturers’ Association (ETRMA) published its members’ replacement tyre sales figures for the third quarter of 2024.
Adam McCarthy, ETRMA’s Secretary General, said, “Starting from a low base, the evolution of volumes in the first three quarters of 2024 is improving in the Consumer segment, mainly thanks to All Seasons tyres, but is still negative in the Truck segment. In the same period of 2023 (versus 2022) volumes fell by 8% for Consumer tyres and by 17% for Truck tyres. In both the Consumer and Truck segments we are still far from pre-pandemic volumes: respectively down 6% and 11% versus YTD Sept 2019. The 3rd quarter 2024 evolution is positive versus 3rd quarter 2023 in all product lines, mainly due to a weak performance in Q3 2023."
Read ETRMA's quarterly update below to learn more about the latest data on tyre imports into Europe (EU27 plus UK), vehicle parc and electric vehicles in Europe.