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USTMA predicts lower 2023 tire shipments

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 327.7 million units in 2023, compared to 332.0 million units in 2022 and 332.7 million units in 2019.

Compared with 2022, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to change by 7.9 percent, -4.0 percent, and -1.3 percent respectively, with a total increase of 3.0 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by 0.2 percent, -5.6 percent, and -21.3 percent respectively, with a total decrease of 7.3 million units.

Note: All shipments in millions. Figures are rounded.

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