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Imports Of U.S. Passenger Tires, Vietnam Up,Thailand Down
2023-03-20

On the evening of February 8, 2022, Beijing time, the U.S. Customs announced the 2021 U.S. tire import data. In 2021, the U.S. will import 189 million passenger car tires, an increase of 11.9% over 2020, and 17.25 million truck tires, a year-on-year increase. 32.8%.

In 2021, the United States will conduct anti-dumping investigations on passenger car tires in Thailand, Vietnam, South Korea, and Taiwan, and they will eventually be implemented. From the final tax rate, the tax rate in Vietnam is significantly lower than other countries. Therefore, judging from the import data of passenger car tires by country, in 2021, the United States will import 14.06 million tires from Vietnam, a year-on-year increase of 6.8%, and 40.6 million tires from Thailand, a year-on-year decrease of 7%. differentiation.

In 2021, the import of truck tires in the United States will increase significantly. From 2019, 2020, and 2021, the number of imported truck tires in the United States will be 14.46 million, 12.99 million, and 17.25 million, respectively. In the case of the gradual relaxation of epidemic control measures, the import of truck tires in the United States The demand for truck tires in the U.S. market also increased significantly compared with 2019. In terms of countries, the U.S. imported 720,000, 1.25 million, and 1.9 million truck tires from Vietnam, and imported 4.56 million and 4.69 million truck tires from Thailand. 10,000, 7.01 million. In the past three years, the import of truck tires from Vietnam and Thailand to the United States has increased significantly, mainly due to the increase in production capacity of Chinese companies in the two countries and the popularity of corresponding cost-effective products in the American market.

The data shows that 2021 will be a year of collective pressure on the tire industry, especially since the second quarter, under the multiple pressures of rising sea freight, rising upstream raw material prices, and poor domestic market demand, the overall performance of tire companies has declined


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