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    USTMA Calls for Record Year of Tire Shipments

    March 5, 2024
    MTD
    The latest tire shipment forecast from the U.S. Tire Manufacturers Association expects 2024 to be a record year, with steady growth in the passenger, light truck and medium truck segments of the replacement tire market.
    The latest tire shipment forecast from the U.S. Tire Manufacturers Association expects 2024 to be a record year, with steady growth in the passenger, light truck and medium truck segments of the replacement tire market.

    The latest tire shipments projection from the U.S. Tire Manufacturers Association (USTMA) predicts 2024 will be a record year, with 335.7 million units shipped.

    This total would surpass the previous record in 2021 when 335.2 million units were shipped.

    The newest USTMA figures project growth in five of the six categories tracked, with only original equipment truck tire units expected to drop from 2023 levels.

    The replacement tire categories are all expected to increase in 2024, with the strongest growth shown in the truck tire segment.

    Figures in the chart above are rounded, and in millions of units.

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