Unvulcanised rubber articles market in Lithuania

Earlier Report Observations

The market for unvulcanised rubber articles in Lithuania expanded significantly from 2.7 million USD in 2018 to nearly 5.0 million USD in 2021. This upward trend was supported by the rapid growth of the European and global unvulcanised rubber markets in 2018, where consumption increased by 6.7% and 4.7%, respectively, creating favorable demand conditions. In 2021, a further boost came from a 7.7% rise in European production and a 16% surge in imports, which likely enhanced raw material availability and supply chain dynamics for the Lithuanian market.

After peaking in 2021, the market size experienced a slight contraction in 2022 before recovering to 5.4 million USD in 2023. In 2024, the market declined to 4.4 million USD. This correction coincided with the entry into force of amendments to the Public Procurement Law on 1 April 2024, which allowed state institutions to more rigorously control the reliability of supply chains, potentially temporarily constraining market activity. Concurrently, Lithuania recorded the highest price increase (+2.1%) among major suppliers to the Australian market, indicating ongoing price pressures in the export segment.

Production unvulcanised rubber articles in Lithuania

In value, 2018-2021, K $ US

After a two-year decline, Lithuania's production of unvulcanised rubber articles increased in value terms. In 2021, output reached 396.4 thousand US dollars, marking a significant rise of 16.7% compared to the previous year. However, over the broader period from 2018 to 2021, production fell by 41.8%, which translates to an average annual decline of 16.5%. The lowest value was recorded in 2020 at 339.6 thousand US dollars, with the largest drop occurring in 2019 at 35.0%.

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

In kind, 2018-2021, kg

Following a two-year decline, Lithuania's production of unvulcanised rubber articles increased in volume. In 2021, 34 691 kilograms were produced, showing a moderate year-over-year growth of 5.3%. From 2018 to 2021, overall production decreased by 44.3%, with a compound annual growth rate of -17.7%. The minimum volume was in 2020 at 32 932 kilograms, and the steepest decline was in 2019 at 27.8%.

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

Exports unvulcanised rubber articles from Lithuania

Exports in kind, t

In 2021, Lithuania exported 6.7 tonnes of unvulcanised rubber articles, a decrease of 45.4% compared to the previous year. Between 2018 and 2021, exports fell by 39.7%, averaging an annual decline of 15.5%. The peak export volume was in 2020 at 12.2 tonnes, which also saw the largest increase of 50.5% that year.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Russia, Norway, and Belarus were the primary markets for Lithuania's exports of unvulcanised rubber articles in volume terms. Russia accounted for 30.7% of exports, Norway for 20.3%, and Belarus for 18.0%, together making up 69.0% 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

After a two-year drop, Lithuania's exports of unvulcanised rubber articles increased in value. In 2021, export volume reached 201 thousand US dollars, rising by 29.9% year-over-year. Over the 2018-2021 period, exports decreased by 19.3%, with a compound annual growth rate of -6.9%. The lowest value was in 2020 at 155 thousand US dollars, and the largest decline occurred in 2019 at 27.3%.

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

Throughout 2018-2021, Russia, Belarus, and Norway were the key partners for Lithuania's exports of unvulcanised rubber articles in value terms. Russia dominated with 69.3% of exports, followed by Belarus at 9.6% and Norway at 5.8%, collectively representing 84.7% 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 unvulcanised rubber articles to Lithuania

Imports in kind, t

Lithuania's imports of unvulcanised rubber articles increased for the third consecutive year in volume. In 2021, approximately 855.0 tonnes were imported, up 31.3% from the previous year. From 2018 to 2021, imports grew by 97.5%, averaging an annual increase of 25.5%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, Italy, Germany, and Poland were the core sources for Lithuania's imports of unvulcanised rubber articles in volume terms. Italy supplied 53.9% of imports, Germany 14.0%, and Poland 11.2%, together accounting for 79.2% of total import flows.

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 unvulcanised rubber articles increased for the third consecutive year in value. In 2021, imports totaled 4 779 thousand US dollars, a 35.1% rise compared to the previous year. Between 2018 and 2021, imports surged by 112.7%, with an average annual growth rate of 28.6%.

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

In 2018-2021, Italy, Germany, and Estonia remained the main suppliers of unvulcanised rubber articles to Lithuania in value terms. Italy contributed 50.2% of imports, Germany 20.7%, and Estonia 8.0%, jointly forming 78.9% of total import value.

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

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