Market situation

Half Year Financial Report January–June 2021, August 3, 2021

Market situation

The Nordic countries

Russia

Europe (excl. the Nordic countries)

North
America

New car sales in 1−6/2021 y-o-y

35%

37%

27%

29%

Car tire sell-in in 1−6/2021 y-o-y

5%

40%

23%

19%

Car tire demand E2021 (management estimate)

increase

increase

increase

increase

Heavy tire segments* E2021 (management estimate)

increase

increase

increase

increase

* Nokian Tyres’ core product segments

       

 

Interim Report January-March 2021, May 4, 2021

 

The Nordic countries

Russia

Europe (excl. the Nordic countries)

North
America

New car sales in 1−3/2021 y-o-y

21%

-3%

0%

12%

Car tire sell-in in 1−3/2021 y-o-y

-2%

23%

12%

14%

Car tire demand E2021 (management estimate)

increase

increase

increase

increase

Heavy tire segments* E2021 (management estimate)

increase

increase

increase

increase

* Nokian Tyres’ core product segments

       

Financial Statement Release 2020, February 9, 2021

  The Nordic countries Russia Europe
(excl. the Nordic countries)
North
America
New car sales in 2020 y-o-y -14% -9% -25% -15%
Car tire sell-in in 2020 y-o-y -8% -25% -12% -13%
Car tire demand E2021 (management estimate) increase increase increase increase
Heavy tire segments* E2021 (management estimate) increase increase increase increase

* Nokian Tyres’ core product segments

 

Interim Report January-September 2020, October 27, 2020

  The Nordic countries Russia Europe
(excl. the Nordic countries)
North
America
New car sales in 1−9/2020 y-o-y -18% -14% -30% -19%
Car tire sell-in in 1−9/2020 y-o-y -12% -28% -16% -15%
Car tire demand E2020 (management estimate) decline decline decline decline
Heavy tire segments* E2020 (management estimate) decline decline decline decline

* Nokian Tyres’ core product segments

 

Half Year Financial Report January–June 2020, August 4, 2020

  The Nordic countries Russia Europe
(excl. the Nordic countries)
North
America
New car sales in 1−6/2020 y-o-y -25% -23% -40% -25%
Car tire sell-in in 1−6/2020 y-o-y -11% -33% -19% -22%
Car tire demand E2020 (management estimate) decline decline decline decline
Heavy tire segments* E2020 (management estimate) decline decline decline decline

* Nokian Tyres’ core product segments



Interim Report January-March 2020, May 5, 2020

  The Nordic countries Russia Europe
(excl. the Nordic countries)
North
America
New car sales in 1−3/2020 y-o-y -10% +2%* -27% -13%
Car tire sell-in in 1−3/2020 y-o-y -13% -30% -19% -10%
Car tire demand E2020 (management estimate) decline decline decline decline
Heavy tire segments** E2020 (management estimate) decline decline decline decline

* The increase was driven by a surge in demand for cars, mostly premium and mid-class cars, in March, caused by price hike expectations by consumers in the wake of the RUB devaluation. As a result, sales of many premium cars were boosted by over 30% in March, positively affecting the total market (+4% vs. March 2019).

** Nokian Tyres’ core product segments

 

 

Financial Statement Release 2019, February 4, 2020

  The Nordic countries Russia Europe
(incl. the Nordic countries)
North
America
New car sales in 2019 y-o-y -2% -2% +1% -2%
Car tire sell-in in 2019 y-o-y -3% -3% -1% +2%
Car tire demand E2020 (management estimate) at previous year’s level decrease slightly at previous year’s level at previous year’s level
Heavy tire segments* E2020 (management estimate) at previous year’s level at previous year’s level at previous year’s level at previous year’s level

* Nokian Tyres’ core product segments