ETRMA: Slight rise in consumer, truck tyre sales, agri segment decline continues

Friday 15th July 2016 | 0 Comments

 
Replacement tyre sales H1 2016 - ETRMA members
Replacement tyre sales H1 2016 - ETRMA members

Replacement tyre sales figures for European Tyre and Rubber Manufacturers’ Association members show the market for their products in the second quarter of 2016 was less dynamic than in the first. The ETRMA notes that this was particularly the case for consumer tyres in the month of June, when sales declined by two per cent.

When looking at the first six months, figures for the consumer and truck segments are positive, although lower than what the industry had expected given the good start to the year. Sales in the agricultural segment remain critically low and consistently decreasing, with a staggering seven per cent decrease for the second quarter and an even worse 7.8 per cent drop when looking at the full first semester.

“It will be interesting to see what the rest of the year will bring about, and particularly the sale of winter tyres, which last year performed quite poorly, before we can have a clear picture of the 2016 market,” said ETRMA secretary general Fazilet Cinaralp.

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Category: International News