Tire market in the first half 2016

2016-07-17 13:13:10 admin 104

July 15, 2016 - For the global tire market, is basically three core market-based Asia-Pacific market, the North American and European markets. Today we look at how the tire business with the European market, the European tire shipments in the first and second quarter has a significant change. In the motorcycle and two-wheeler tire market is growing rapidly, and a sharp decline in agricultural tires .

As passenger car tires and truck tires, and the most important members of the tepid modest growth. Car tire shipments in the second quarter of 2016 grew by 1.5%, the total was 49.3 million, while in the second quarter of 2015 was 48.6 million. The first half of 2016, shipments of consumer goods 100 000 000 2.6 million, an increase of 2%, compared to 100 million 600 thousand tires.

Truck tire shipments slight increase of 0.4%, sold a total of 1.41 million tires, up to 1.4 million tires. Shipments in the first half of this segment increased by 3.6% to 3.7 million tires last year, the first half was 3.6 million.

Agricultural tire sales fell 7% this quarter, to 386,000 tires in the second quarter last year was 415,000. In the first half, shipments fell 7.8% to 784,000 tires, the first half of 2015 to 851,000 tires.

Instead, motorcycle tire shipments in the second quarter rose 10 percent, to 2.7 million, from last year's 2.4 million tires. Industry shipments in the quarter rose 6.7 percent, from 5.7 million tires to 6.1 million tires. And the tire replacement market in June, car shipments fell 2%.