According to the data of the Polish Tire Industry Association (PZPO), the fourth quarter of 2020 shows a partial rebound in tire sales to the market – the increases were recorded in the segment of motorcycle tires (+45.6%), agricultural tires (+21.2%), and trucks (+19.8%). These trends started in the third quarter and continued until the end of the year – as in Europe – which is confirmed by the data of the European Tire and Rubber Manufacturers Association (ETRMA).
"The automotive industry is a major victim of the pandemic. Huge drops in production and sales, broken supply chains, and periodic production downtime mean losses that cannot be rebuilt quickly. This also translates into tire manufacturers. Hopefully, the slight rebound in the fourth quarter will herald an improvement in 2021. Maintaining jobs was a priority in the tire industry and we hope that this year the pandemic and economic situation will enable the continuation of this assumption and a gradual return to the growth path," Maciej Winiarz, president of the board of PZPO, said.