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Sep 5, 2023
The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 325.4 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 5.6%, -0.5%, and 0.0% respectively, with a total increase of 2.3 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by -1.5%, -3.6%, and -16.0% respectively, with a total decrease of 8.9 million units.
|
|
2023 |
|
% |
Units |
|
% |
Units |
|
|
Forecast |
2022 |
Vs 2022 |
Vs 2022 |
2019 |
Vs 2019 |
Vs 2019 |
|
Original Equipment |
|||||||
|
Passenger |
43.9 |
41.6 |
5.6% |
2.3 |
46.3 |
-5.0% |
-2.3 |
|
Light Truck |
6.2 |
6.3 |
-0.5% |
0.0 |
5.9 |
6.3% |
0.4 |
|
Truck |
6.5 |
6.5 |
0.0% |
0.0 |
6.5 |
-0.5% |
0.0 |
|
Replacement |
|
|
|
|
|
|
|
|
Passenger |
210.5 |
213.7 |
-1.5% |
-3.2 |
222.6 |
-5.4% |
-12.1 |
|
Light Truck |
35.9 |
37.2 |
-3.6% |
-1.3 |
32.5 |
10.3% |
3.4 |
|
Truck |
22.4 |
26.6 |
-16.0% |
-4.3 |
18.9 |
18.2% |
3.4 |
|
|
|
|
|
|
|
|
|
|
Total Shipments |
325.4 |
332.0 |
-2.0% |
-6.6 |
332.7 |
-2.2% |
-7.3 |
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
5409 Eglinton Ave W, Suite 208
Etobicoke, ON M9C 5K6
Tel: (437) 880-8420
Email: [email protected]