Recently, the National Bureau of Statistics released tire production data for October 2023.
In October, China's tire production increased year-on-year but declined month-on-month; the cumulative data for the first 10 months still maintained high growth. Data show that China's rubber tire cover production was 84.857 million units that month.
This data increased by 15.9% year-on-year and decreased by 2.171 million units from the previous month.
From January to October, China's total tire output was 815.685 million units, a year-on-year increase of 14.3%. Among them, output in March hit a record high, reaching 90.865 million units. The monthly output from April to October was more than 84 million units.
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