Truck tire shipments: nowhere to go but up
Year-to-year replacement truck tire shipments in the United States dropped 19.3% in 2009, according to the latest Modern Tire Dealer Facts Issue.
Shipments were an estimated 12.5 million units, 3 million less than in 2008. Overall, replacement medium and heavy truck tire shipment sales totaled $4.2 billion.
The drop in original equipment shipments was even steeper: 51.1%, from 4.3 million units to 2.1 million units.
Since 2006, replacement and OE truck tire shipments have trended steadily downward.
Truck tire shipments in the U.S., 2006-2009
Year Replacement OE
2006 17.6 7.1
2007 16.7 5.0
2008 15.5 4.3
2009 12.5 2.1
Since 2006, domestic replacement and OE truck tire shipments have decreased 29% and 70.4%, respectively.
The Modern Tire Dealer Facts Issue also breaks down the farm and OTR tire markets, plus retreading and more. Look for it in January!