Replacement consumer tire shipments will be up in 2017 compared to last year, according to the Rubber Manufacturers Association (RMA). So will original equipment passenger tire shipments.
The RMA projects overall U.S. tire shipments will increase by 1.4 million units in 2017, a slight increase of 0.4%. Here are the rounded numbers (the percent change may indicate an increase even though the numbers appear the same):
RMA 2017 projected tire shipments (in millions)
OE 2016 2017 % change
Passenger 49.3 50.1 +1.5%
Light truck 4.9 4.9 +0.5%
Truck 5.0 5.0 +0.0%
Passenger 208.6 209.3 +0.3%
Light truck 31.9 32.2 +0.9%
Truck 18.6 18.4 -1.4%
Total 318.14 319.8 +0.4%
Traditionally, the RMA adjusts its projections as the year unfolds. For more information on tire shipments in 2016, check out this link:
“Passenger Tire Units Were Up More Than 3 Million!”
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