NOVEMBER FORECAST SHOWS U.S. TIRE SHIPMENTS EXPECTED TO INCREASE IN 2019

For more information contact: Kim Kleine
(202) 682-5856
kkleine@ustires.org

WASHINGTON, December 4, 2019—The U.S. Tire Manufacturers Association (USTMA) projects 2019 U.S. tire shipments will increase to 333.1 million units compared to 330.4 million units in 2018. Original equipment (OE) passenger tire shipments are expected to decrease by 2.1 million units, while passenger tire replacement shipments are projected to increase by 6.4 million units compared to 2018. OE and replacement for light truck tires as well as OE truck tire shipments are expected to increase, while a decrease is projected for replacement truck tire shipments. In 2018, USTMA members (including affliate members) accounted for 79 percent of the 330 million passenger, light truck and truck tires.

 

USTMA 2019 Projected Tire Shipments (November Forecast)

 

 

 

 

 

 

2018

2019 Forecast

% Change

Units +/(-)

Original Equipment

 

 

 

 

Passenger

47.1

45.0

-4.5

-2.1

Light Truck

5.6

5.9

4.8

0.3

Truck

6.5

6.6

2.7

0.2

 

 

 

 

 

Replacement

 

 

 

 

Passenger

217.8

224.2

2.9

6.4

Light Truck

31.7

32.2

1.6

0.5

Truck

21.8

19.2

-11.7

-2.6

 

 

 

 

 

Total Shipments

330.4

333.1

0.8

2.7

 

Note: All shipments in millions. Figures are rounded.

 

# # #

 

The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. Our 12 member companies operate 56 tire-related manufacturing facilities in 17 states and generate over $27 billion in annual sales. We directly support more than a quarter million tire manufacturing U.S. jobs – totaling almost $20 billion in wages. In 2017, USTMA members accounted for 82 percent of the 317 million passenger, light truck and truck tire shipments in the U.S.

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