USTMA projects 2022 total US tire shipments of 340.2 million units, up from 335.2 million in 2021; forecast expects OE tire shipments up 2.9 million units from 2021, replacement passenger tires up 0.9%, truck tires up 1.0%, light trucks down 0.3%

Sample article from our Automobile Industry

WASHINGTON , March 1, 2022 (press release) –

For more information contact:
Kim Kleine
(202) 682-4856
kkleine@ustires.org

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 340.2 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 2019.

Comparing with 2021, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 6.2%, 4.4%, and 6.3% respectively, with a total increase of 2.9 million units. Replacement passenger and truck tire shipments are projected to increase by 0.9% and 1.0% respectively, with light truck replacement shipments showing a minor decline at 0.3%. The total unit addition for replacement shipments is projected to be 2.2 million units.

Note: All shipments in millions. Figures are rounded.

Detailed 2021 data can be found in the USTMA’s annual Factbook, which can be purchased from the Publications section https://www.ustires.org/publications.

# # #

The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. Our 13 member companies operate 57 tire-related manufacturing facilities in 17 states and generate more than $27 billion in annual sales. We directly support more than a quarter million U.S. jobs – totaling almost $20 billion in wages. USTMA advances a sustainable tire manufacturing industry through thought leadership and a commitment to science‐based public policy advocacy. Our member company tires make mobility possible. USTMA members are committed to continuous improvement of the performance of our products, worker and consumer safety and environmental stewardship. For more information, visit www.USTires.org and follow us on Twitter @USTires.

 

 

 

 

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order automobile industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.