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Dec 1, 2022

USTMA Forecast Predicts Lower 2022 Tire Shipments

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 334.8 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 9.9%, 9.7%, and 9.1% respectively, with a total increase of 4.8 million units. Replacement passenger, light truck and truck tire shipments are projected to change by -3.4%, -2.4%, and +15.3% respectively, with a total decrease of 5.1 million units.

 

2022 

%

Units

%

Units

Forecast

2021

Vs 2021

Vs 2021

2019

Vs 2019

Vs 2019

Original Equipment
Passenger

41.2

37.4

9.9%

3.7

46.3

-11.0%

-5.1

Light Truck

6.2

5.6

9.7%

0.5

5.9

5.1%

0.3

Truck

6.4

5.9

9.1%

0.5

6.5

-1.3%

-0.1

 

Replacement

Passenger

217.1

224.8

-3.4%

-7.7

222.6

-2.5%

-5.5

Light Truck

37.7

38.6

-2.4%

-0.9

32.5

15.7%

5.1

Truck

26.4

22.9

15.3%

3.5

18.9

39.2%

7.4

Total Shipments

334.8

335.2

-0.1%

-0.3

332.7

0.6%

2.1

Note: All shipments in millions. Figures are rounded.

Detailed 2021 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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