Automobile Industry Analysis

US Import Volume of Tires from China Decreased by 10.8% in 2018Q1

In Mar. 2018, the US import volume of tires reached 19.02 million, decreasing by 8.9% over the previous year and increasing by 2.7% over the previous month. Among them, passenger tires were 11.83 million, falling by 10% YOY and increasing by 6.3% MOM. Tires of trucks and passenger vehicles were 3.44 million, with an increment of 0.4% over the previous year and 8.5% over the previous month.

Related report: https://www.cri-report.com/automotive-components-tire/508-2032-research-report-on-automobile-tire-industry-in-china-2018-2022.html

In March, the US imported tires from China reached 3.78 million, dropping by 10.8% YOY and 10% MOM. Among them, passenger tires decreased by 35.5% YOY and 24.1% MOM. Tires of trucks and passenger vehicles surged by 145.5% over the previous year and went up by 11.3% compared to the previous month. Bicycle tires decreased by 2.5% YOY and 6.7% MOM.

In the first quarter, the US imported 56.60 million tires, falling by 3.7% YOY. Passenger tires decreased by 3.7% YOY and tires of trucks and passenger vehicles increased by 1.3% YOY. In the same period, the imported tires from China were 13.15 million, decreasing by 4.6% YOY. Passenger tires decreased by 24.9% YOY and tires of trucks and passengers vehicles increased by 38.1% YOY.

Related report: https://www.cri-report.com/automotive-components-tire/508-2032-research-report-on-automobile-tire-industry-in-china-2018-2022.html

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