U.S. Tire Shipments Expected to Increase in 2018

U.S. Tire Shipments Expected to Increase in 2018

U.S. Tire Manufacturers Association is projecting that 2018 U.S. tire shipments will increase from 2017 numbers. 

U.S. Tire Manufacturers Association is projecting that 2018 U.S. tire shipments will increase to 319.1 million units compared to 316.7 million in 2017.

USTMA expects original equipment (OE) passenger tire shipments to increase by 0.4 million units compared to 2017 while passenger replacement tire shipments are projected to increase by 0.9 million units. OE and replacement shipments, for light truck and truck tire respectively, are all expected to increase in 2018.

 

 

USTMA 2018 projected tire shipments (in millions of tires):

 

OE Tires

Passenger
2017  final: 45.2
2018 forecast: 45.7
% Change: 1.0
Units +/(-): .4
Light Truck
2017  final: 5.4
2018 forecast: 5.5
% Change: 1.4
Units +/(-): 0.2
Truck
2017  final: 5.4
2018 forecast: 5.6
% Change: 3.7
Units +/(-): 0.2

Replacement Tires 

Passenger
2017  final: 209.7
2018 forecast: 210.6
% Change: 0.4
Units +/(-): 0.9
Light Truck
2017  final: 209.7
2018 forecast: 210.6
% Change: 0.4
Units +/(-): 0.5
Truck
2017  final: 19.7
2018 forecast: 20.0
% Change: 1.7
Units +/(-): 0.3

Total Shipments

2017  final: 316.7
2018 forecast: 319.1
% Change: 0.8
Units +/(-): 2.4

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