Q2 sales signal recovery in European tyre sector – ETRMA

Q2 sales signal recovery in European tyre sector - ETRMA

The European Tyre  & Rubber Manufacturers Association (ETRMA) confirmed a “ positive evolution” from the first quarter of 2021 as European replacement sales of its members increased in the second quarter.   According to ETRMA, all segments have registered a positive evolution compared to the same period (Q2) the previous year. “This second positive quarter is a good signal for the industry and society, after the unprecedented impact of Covid-19 pandemic, “ ETRMA said. The Consumer Tyres market is driving the growth with 44% increase, followed by the Truck segment (42%) and the Moto and Scooter segment (41%); while the agriculture segment is lagging behind (6%).

Q2 sales signal recovery in European tyre sector - ETRMA

Mrs Cinaralp, Secretary General of ETRMA  further commented: “If we compare the 2021 data with 2019 same period, we observe that we are slowly going back to the same level, with auto all-season  tyre leading the trend. “