Retreaded tyres for buses or lorries market in Lithuania

Earlier Report Observations

The Lithuanian retreaded tyre market for buses and lorries expanded significantly from 2018 to 2021, with market volume rising from 36 thousand to 75 thousand units. Regulatory changes played a key role: from November 2014, registered vehicles were required to have functioning tyre pressure monitoring systems, which encouraged investment in retreading infrastructure. State-owned companies such as UAB 'Raifetas' expanded service capacity with dedicated lorry mounting yards, improving access and reducing operating costs. Concurrently, industry emphasis on reducing rolling resistance—responsible for 30% of lorry fuel costs—boosted demand for fuel-efficient retreaded tyres. Further momentum came in 2020 when free tyre replacement services and stricter waste disposal obligations were introduced, raising replacement rates and promoting retreading as a cost-effective and environmentally sound option. The market's transparency improved in 2021 with precise market-share calculation rules, fostering competition between domestic and imported tyres.

After peaking in 2021, market volume contracted to 57.6 thousand units in 2022, partly influenced by new EU road transport rules that imposed an external-cost charge for air pollution from heavy vehicles, raising operational costs and dampening immediate demand. The market subsequently recovered to 62.4 thousand units in 2023 and 63.8 thousand units in 2024. Production continued to climb until 2023, reaching 66.9 thousand units, before easing to 51.0 thousand units in 2024, while imports fell sharply in 2022–2023 then rebounded in 2024. In value terms, the market grew steadily after 2022, reaching $12.5 million in 2024, indicating a shift toward higher-priced retreaded tyres.

Production retreaded tyres for buses or lorries in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of retreaded tyres for buses and lorries has grown for the third year in a row. In 2021, the output was valued at 8 750 thousand US dollars, marking a significant year-over-year increase of 52.4%. From 2018 to 2021, production surged by 173.3%, with an average annual growth rate of 39.8%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

In kind, 2018-2021, unit

Lithuania's production of retreaded tyres for buses and lorries has increased for the third consecutive year. In 2021, the country produced 57 927 units, showing a sharp rise of 42.9% compared to the previous year. Between 2018 and 2021, production grew by 144.1%, which translates to an annualized rate of 34.6%.

Annual dynamics of production in Lithuania in kind, 2018-2021, unit

Exports retreaded tyres for buses or lorries from Lithuania

Exports in kind, unit

Lithuania's export volume of retreaded tyres for buses and lorries has risen for the third year in a row. In 2021, exports reached 7 302 units, up by 5.4% year-over-year. From 2018 to 2021, exports increased by 44.3%, with an annualized growth rate of 13.0%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, unit

From 2018 to 2021, Latvia, Belgium, and Poland were the top destinations for Lithuania's exports of retreaded tyres for buses and lorries in volume terms. Latvia accounted for 34.1% of exports, Belgium for 26.1%, and Poland for 10.9%. Together, these three countries represented 71.1% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

Lithuania's exports of retreaded tyres for buses and lorries have grown for the third consecutive year. In 2021, export value stood at 1 093 thousand US dollars, reflecting a strong increase of 11.0% compared to the previous year. Over the period from 2018 to 2021, exports rose by 90.8%, with a compound annual growth rate of 24.0%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

Between 2018 and 2021, Latvia, Belgium, and Poland formed the core markets for Lithuania's exports of retreaded tyres for buses and lorries in value terms. Latvia held a 36.9% share, Belgium 27.6%, and Poland 10.8%. Collectively, these three countries made up 75.3% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports retreaded tyres for buses or lorries to Lithuania

Imports in kind, unit

Lithuania's imports of retreaded tyres for buses and lorries have increased for the third year in a row. In 2021, imports totaled 24 521 units, remaining largely unchanged from 2020. From 2018 to 2021, imports grew by 41.4%, with an average annual growth rate of 12.2%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, unit

From 2018 to 2021, Poland was the dominant source for Lithuania's imports of retreaded tyres for buses and lorries in volume terms, capturing 87.3% of total flows. Other markets contributed only a small portion.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

Lithuania's imports of retreaded tyres for buses and lorries have grown for the second consecutive year. In 2021, import value reached 3 836 thousand US dollars, showing a robust rise of 17.8% from 2020. Between 2018 and 2021, imports increased by 48.7%, with an annualized rate of 14.1%. The lowest value was recorded in 2019 at 2 376 thousand US dollars, which saw a decline of 7.9%. In contrast, the largest increase occurred in 2020, with a jump of 37.0%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

Throughout 2018 to 2021, Lithuania's imports of retreaded tyres for buses and lorries in value terms were heavily concentrated on Poland, which accounted for 91.0% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021