ETRMA: European tire markets declined in 2019

Brussels – European tire markets remained weak during 2019, according to the latest figures published by the European Tyre and Rubber Manufacturers’ Association (ETRMA).

Overall, passenger car tire sales saw figures fall both in the replacement and OE segments, ETRMA announced 21 Jan.

For the full year, replacement consumer tire sales fell 3% to 218 million units, while OE demand declined 5% to 85 million units.

In the truck tire segment, demand remained mostly stable in the replacement market, with sales flat at 12.5 million units, the industry figures show.

OE truck tire sales, however, registered a decline of 10%, to 5.7 million units, over the course of the year, noted ETRMA.