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Mar 2, 2023

USTMA February Forecast Predicts Slightly Higher 2023 Tire Shipments

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 42.6 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.

Source: USTMA

Tire and Rubber Association of Canada

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