Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
June 18, 2018 02:00 AM

Shortages, price increases likely after EU tariffs on Chinese truck, bus tires

Patrick Raleigh
European Rubber Journal
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Stephan Helm speaks during the 2018 Future Tire Conference in Cologne, Germany.

    COLOGNE, Germany—Europe's truck and bus tire market is likely to see shortages and face increased prices into early next year as a direct result of the European Union's recent imposition of provisional tariffs on Chinese tires.

    "With the anti-dumping tariff situation that we have right now, a lot of the orders in the last quarter have stopped," Stephan Helm, chairman of German tire retail trades association the BRV, said at the Future Tire Conference, held May 30-31 in Cologne.

    Helm, who also is managing director of the Reifen Helm Group, expects the shortages to show up in third and fourth quarters this year. He also believes the shortages would impact both the budget and premium brands.

    Low-cost Chinese tire imports have had the greatest impacted the retreading industry, which Helm said has seen an almost one-on-one relationship between increases in Chinese tire imports and decreases in the retreading market for EU suppliers.

    "We are expecting (an impact) mainly on the retreading sector, and we expect increases in prices," Helm said. "If you take it all over Europe, it was 4 to 4.5 million imports from China and (there is) about 1 million stocked at the wholesales. So, this year, we are around 3 million units missing, and I don't think we can compensate for that. We will get some shortage to the end of the year, maybe the start of 2019.

    "Then we will see changes as molds are brought from China to other locations and a change in the production situation. Then, I would say, stabilization."

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Goodyear to trim jobs to address 'uncertain' economic outlook
    2
    Is worst of new-vehicle inventory shortage in rearview mirror?
    3
    Methods to the madness: Smithers pins 4 processes for sustainable carbon black
    4
    Showa Denko relaunches with new moniker
    5
    Setting the stage for 2023: 7 acquisition stories that changed the game
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION