USTMA JULY 2022 FORECAST PREDICTS ANOTHER RECORD YEAR FOR U.S. TIRE SHIPMENTS 2022
WASHINGTON, August 1, 2022—The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 342.1 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 2019.
Compared with 2021, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 4.8%, 4.8%, and 7.8% respectively, with a total increase of 2.5 million units. Replacement passenger, light truck and truck tire shipments are also projected to increase by 0.9%, 2.3%, and 6.5% respectively, with a total increase of 4.4 million units.
|
2022 |
|
% |
Units |
|
% |
Units |
|
|
|
Forecast |
|
Vs 2021 |
Vs 2021 |
|
Vs 2019 |
Vs 2019 |
|
Original Equipment |
|||||||
|
Passenger |
39.2 |
37.4 |
4.8% |
1.8 |
46.3 |
-15.2% |
-7.0 |
|
Light Truck |
5.9 |
5.6 |
4.8% |
0.3 |
5.9 |
0.4% |
0.0 |
|
Truck |
6.4 |
5.9 |
7.8% |
0.5 |
6.5 |
-2.5% |
-0.2 |
|
Replacement |
|
|
|
|
|
|
|
|
Passenger |
226.8 |
224.8 |
0.9% |
2.1 |
222.6 |
1.9% |
4.2 |
|
Light Truck |
39.5 |
38.6 |
2.3% |
0.9 |
32.5 |
21.4% |
6.9 |
|
Truck |
24.3 |
22.9 |
6.5% |
1.5 |
18.9 |
28.5% |
5.4 |
|
|
|
|
|
|
|
|
|
|
Total Shipments |
342.1 |
335.2
|
2.1% |
7.0 |
332.7 |
2.8% |
9.4 |
