High performance tyre sales support UK market development

The ERMC-compiled Europool figures report that the total UK passenger car tyre market amounted to 16,111,696 units in 2005 (down 1.9 per cent on 2004). This compares with a slightly larger drop in the Europe-wide total of 117,242,516 (down 2.9 per cent on 2004). However, due to the way these numbers are compiled (excluding tyres that are not produced within reporting countries) they are perhaps overly optimistic. As industry insiders will be aware, the total market is actually more than 10 per cent larger and has fallen significantly more than one to two per cent in recent years. New figures compiled by market research company GfK put the total market at 18.49 million units, down 13 per cent over 2004 in terms of volume (21.33 million in 2004 and 22.58 million in 2003).

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