MID-YEAR TIRE SHIPMENT FORECAST SHOWS SLIGHT GROWTH FOR 2016
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Infographic – Tire Shipment
WASHINGTON, DC, September 16, 2016 — Total U.S. tire shipments are projected to grow slightly in 2016 according to a mid-year forecast by the U.S. Tires Manufacturers Association (USTMA), the national trade association for tire manufacturers in the U.S.
- Original equipment truck tire shipments are expected to decrease while replacement truck tire shipments are projected to increase. Overall, however, total truck tire shipments (original equipment plus replacement) are expected to decrease.
- Passenger vehicle original equipment tires are expected to see only a very slight increase while replacement passenger tires are projected to decrease.
- The light truck tire segment is expecting solid growth in both original equipment and replacement tire shipments.
|
2015 |
2016 |
% |
Units |
|
|---|---|---|---|---|
| Original Equipment Tires | ||||
| Passenger | 49.7 | 49.8 | 0.1 |
0.1 |
| Light Truck | 4.4 | 4.8 |
10.2 |
0.4 |
| Truck | 6.2 | 5.3 | -14.9 | -0.9 |
| Replacement Tires | ||||
| Passenger | 206.1 | 205.0 | -0.6 | -1.1 |
| Light Truck | 29.1 | 30.8 | 5.6 | 1.6 |
| Truck | 17.9 | 18.5 | 3.3 | 0.6 |
| Total Shipments | 313.5 | 314.1 | 0.2 | 0.7 |
| Note: All shipments in millions. Figures are rounded. | ||||
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About U.S. Tire Manufacturers Association: The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. For more information visit www.USTires.org and follow us on Twitter @USTireAssoc.
