Europe tyre sales continue to slide during first half 2013

16 July 2013 16:20  [Source: ICIS news]

LONDON (ICIS)--Replacement tyre sales in Europe continued their downtrend during the first half of 2013 compared with the same period a year ago, with the exception of truck tyre sales, which grew by 5%, according to statistics published on Tuesday.

Consumer tyre sales dropped by 6% year on year from January to June 2013, while agricultural tyres sales fell by 4% and motor and scooter tyre sales by 5%, data by the European Tyre & Rubber Manufacturers’ Association (ETRMA) showed.

ETRMA secretary general Fazilet Cinaralp said in a statement consumers cannot delay changing tyres any longer. "We seem to have reached the bottom."

The association expects the market to reach 2012 figures by the end of 2013.

Tyres are made of styrene butadiene rubber (SBR). Because of falling tyre sales, SBR consumption has dropped significantly in 2013.

Replacement tyre sales in Europe

 

Jan-Jun 2012

Jan-Jun 2013

% change

Consumer

96.7m

91.2m

-6%

Truck

3.74m

3.93m

+5%

Agro

0.96m

0.92m

-4%

Motor/Scooter

5.31m

5.02m

-5%



By: Janos Gal
+44 208 652 3214



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