BRUSSELS — Declining demand for replacement consumer tires in Europe in the second half of 2022 wiped out gains in the first half, leaving full-year shipments measurably behind 2021, according to the latest industry figures.
Overall, the replacement consumer tire (passenger and light commercial vehicle) segment fell 2.3% in 2022 to 225.8 million units, according to the European Tyre & Rubber Manufacturers' Association (ETRMA). Shipments in the fourth quarter alone fell 13.5%.
While both summer and winter tire volumes fell 6% year-on-year, all-season tires posted a 6% increase over 2021, despite a 10% decline in the final quarter, the ETRMA noted in its latest market report.
By contrast, replacement shipments of truck/bus tires increased 0.7% to 13.7 million units, despite a 7.6% drop in the fourth quarter, the ETRMA data show.