2023 Tire Shipment Outlook
February 28, 2023
USTMA February 2023 Forecast Predicts Slightly Higher 2023 Tire Shipments for U.S. Tire Market
The USTMA tire reporting program represents the primary and sole source of information prepared by and for the U.S. tire manufacturing industry.
The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 334.2 million units in 2023, compared to 332.0 million units in 2022 and 332.7 million units in 2019.
Compared with 2022, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to change by 2.3%, 1.3%, and -0.6% respectively, with a total increase of 1.0 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by 1.0%, 1.6%, and -5.5% respectively, with a total increase of 1.2 million units.
| 2023 Forecast | 2022 | % Vs 2022 | Units Vs 2022 | 2019 | % Vs 2019 | Units Vs 2019 | |
|---|---|---|---|---|---|---|---|
| Original Equipment | |||||||
| Passenger | 46.2 | 41.6 | 2.3% | 0.9 | 46.3 | -8.0% | -3.7 |
| Light Truck | 6.4 | 6.3 | 1.3% | 0.1 | 5.9 | 8.2% | 0.5 |
| Truck | 6.4 | 6.5 | -0.6% | 0.0 | 6.5 | -1.0% | -0.1 |
| Replacement | |||||||
| Passenger | 215.8 | 213.7 | 1.0% | 2.1 | 222.6 | -3.0% | -6.8 |
| Light Truck | 37.9 | 37.2 | 1.6% | 0.6 | 32.5 | 16.3% | 5.3 |
| Truck | 25.2 | 26.6 | -5.5% | -1.5 | 18.9 | 33.0% | 6.3 |
| Total Shipments | 334.2 | 332.0 | 0.7% | 2.2 | 332.7 | 0.5% | 1.5 |
Note: All shipments in millions. Figures are rounded.
Detailed 2022 data can be found in the USTMA’s annual Factbook, which can be purchased from the Publications section www.ustires.org.