Introduction:Statistics on global tire production and sales in 2020 are released.

According to Michelin's 2020 financial report on global tire production and sales statistics, in 2020, the total global tire sales will be about 1.577 billion, a year-on-year decrease of about 11.7%. Among them, the sales of supporting market tires were approximately 399 million, a year-on-year decrease of approximately 14.7%; the global replacement tire market sales were approximately 1.178 billion, and the sales volume fell approximately 10.6% year-on-year.

Passenger car tires have fallen completely

In the passenger car tire market, both the original equipment market and the replacement market saw a double-digit decline. The original equipment market fell by about 17% year-on-year, and the replacement market fell by about 11% year-on-year.

Among them, in North America, the passenger car original equipment market fell by about 21%, and the replacement market fell by about 9%; South America, the passenger car original equipment market fell by about 31%, and the replacement market fell by about 22%; Central and Western Europe, passenger car The original equipment market dropped by about 23%, and the replacement market dropped by about 11%. 

In Eastern Europe, the passenger car original equipment market fell by about 15%, and the replacement market fell by about 14%; Africa, India, and the Middle East, the passenger car original equipment market fell by about 23%, and the replacement market fell by about 17%; China, passenger cars The original equipment market fell by about 4%, and the replacement market fell by about 6%; in Asian regions outside of China and India, the passenger car original equipment market fell by about 18%, and the replacement market fell by about 12%.

Small increase in truck and bus tires

In the global truck and bus tire market, the original equipment market increased slightly by about 1% year-on-year, and the replacement market could not escape the decline, with a year-on-year decrease of about 10%.

Among them, in Central and North America, the truck and bus original equipment market fell by about 28%, and the replacement market fell by about 3%; in South America, the truck and bus original equipment market fell by about 17%, and the replacement market fell by about 10%. 

In Central and Western Europe, the truck and bus original equipment market fell by about 18%, and the replacement market fell by about 5%; Eastern Europe, the truck and bus original equipment market fell by about 6%, and the replacement market was almost the same as in 2019.

In Africa, India, and the Middle East, the truck and bus original equipment market fell by about 48%, and the replacement market fell by about 15%; in China, the truck and bus original equipment market soared by about 33%, and the replacement market fell by about 11%; Asia outside China and India , The truck and bus original equipment market dropped by about 28%, and the replacement market dropped by about 13%.