Price for Used Pneumatic Tyres of Rubber in Lithuania - 2023

Contents:

  1. Price for Used Pneumatic Tyres of Rubber in Lithuania (FOB) - 2022
  2. Price for Used Pneumatic Tyres of Rubber in Lithuania (CIF) - 2022
  3. Exports of Used Pneumatic Tyres of Rubber in Lithuania
  4. Imports of Used Pneumatic Tyres of Rubber in Lithuania

Price for Used Pneumatic Tyres of Rubber in Lithuania (FOB) - 2022

The average export price for used pneumatic tyres of rubbers stood at $11 per unit in 2022, with an increase of 50% against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 59%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($9.5 per unit), while the average price for exports to Tajikistan ($5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Used Pneumatic Tyres of Rubber in Lithuania (CIF) - 2022

The average import price for used pneumatic tyres of rubbers stood at $17 per unit in 2022, which is down by -1.7% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2016 an increase of 116% against the previous year. Over the period under review, average import prices hit record highs at $17 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($48 per unit), while the price for Norway ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Used Pneumatic Tyres of Rubber in Lithuania

In 2022, after two years of decline, there was significant growth in shipments abroad of used pneumatic tyres of rubbers, when their volume increased by 62% to 140K units. Over the period under review, exports, however, recorded a sharp downturn. Over the period under review, the exports reached the peak figure at 344K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports soared to $1.5M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $1.5M in 2019; afterwards, it flattened through to 2022.

Export of Used Pneumatic Tyres of Rubber in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan79.8N/A4271,262151.0%
United KingdomN/AN/A10336.0-65.0%
Tajikistan60411416.93.7-81.7%
Russia752844N/AN/A12.2%
Others77.728.870.119335.4%
Total1,5149876171,494-0.4%

Top Export Markets for Used Pneumatic Tyres of Rubber from Lithuania in 2022:

  1. Kyrgyzstan (132.9K units)
  2. United Kingdom (4.7K units)
  3. Tajikistan (0.7K units)

Imports of Used Pneumatic Tyres of Rubber in Lithuania

Used pneumatic tyres of rubber imports into Lithuania skyrocketed to 62K units in 2022, growing by 155% against 2021 figures. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports skyrocketed to $1M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Used Pneumatic Tyres of Rubber in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands32.943.8164515150.2%
Germany58.019.6N/A16441.4%
United KingdomN/A40.561.656.017.6%
Japan5.824.113.954.9111.5%
Switzerland43.178.067.853.17.2%
Latvia32.310.012.331.1-1.3%
Norway1.84.916.727.0146.6%
KyrgyzstanN/AN/AN/A15.30%
Sweden0.113.4N/A10.6373.3%
Tajikistan8.410.5N/AN/A25.0%
ChinaN/AN/A19.8N/A0%
United Arab Emirates1417.8N/AN/A-94.5%
Others20.741.358.311074.5%
Total3442944141,03744.5%

Top Suppliers of Used Pneumatic Tyres of Rubber to Lithuania in 2022:

  1. Netherlands (18.2K units)
  2. Germany (13.3K units)
  3. Norway (9.0K units)
  4. Switzerland (7.4K units)
  5. Japan (5.7K units)
  6. Kyrgyzstan (3.1K units)
  7. Sweden (1.5K units)
  8. United Kingdom (1.2K units)
  9. Latvia (0.7K units)

Source: IndexBox Market Intelligence Platform

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