The European Tyre and Rubber Manufacturers’ Association has published its members’ replacement sales for the second quarter 2022.
Q2 2022 confirms a positive trend both in the Consumer (+6%) and Truck (+11%) tyres segments compared to 2021. The economic recovery explains the positive evolution, however we assist to a slowdown in the Consumer segment.
The Agricultural tyre segment remains very negative, being the only category still below 2019 volumes.
“We observe signs of declining demand and fear that the challenges linked to the rising cost of gas, the raw materials and the semi-finished products supply will maintain the industry under pressure”, said Mrs Cinaralp, Secretary General of ETRMA.