Prices have increased up to 15% since early 2020. Supply bottlenecks have also already been reported, meaning that customers need to be patient when ordering new sets of tyres.

Speaking to our colleagues from RTL.lu, a major tyre retailer explained that besides the increases caused by the pandemic and the war in Ukraine, prices are also driven up by interrupted supply chains, which lead to fewer tyres being available on the market. Energy and transport costs have also increased.

The raw materials used in the manufacturing of tyres have also become more expensive: the prices of rubber and steel, as well as carbon black have all increased. Many tyres are also produced in Eastern Europe and Russia.

It is unlikely that the situation will improve any time soon. Some manufacturers have already announced further price increases of up to 10% between now and the next winter season.

The entire tyre market is affected, including cheaper products produced in Asia.

The situation leads numerous customers to purchase sub-brands from tyre manufacturers, as they are slightly cheaper. However, tyre retailers point out that it is currently quite challenging to source the products sought by customers. For this reason, the latter need to be patient when ordering new tyres for the time being.