| Product Code: ETC5651077 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s tire material import shipments in 2024 continued to be dominated by key suppliers such as Italy, Netherlands, Poland, Spain, and Russia. The market showed a shift from high concentration in 2023 to a more moderate concentration in 2024, indicating a potentially more diversified import landscape. The impressive compound annual growth rate (CAGR) of 35.39% from 2020 to 2024 highlights the strong demand for tire materials in Lithuania. However, the negative growth rate of -63.93% in 2024 suggests a temporary setback, possibly due to various economic factors or supply chain disruptions.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Tire Material Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Tire Material Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Tire Material Market - Industry Life Cycle |
3.4 Lithuania Tire Material Market - Porter's Five Forces |
3.5 Lithuania Tire Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Tire Material Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Lithuania Tire Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tires due to growth in the automotive industry in Lithuania |
4.2.2 Government initiatives promoting the use of eco-friendly and sustainable tire materials |
4.2.3 Growing focus on improving road safety leading to higher demand for high-quality tire materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of tire materials |
4.3.2 Intense competition among tire material manufacturers leading to pricing pressures |
4.3.3 Regulatory challenges in terms of compliance with environmental standards for tire production |
5 Lithuania Tire Material Market Trends |
6 Lithuania Tire Material Market Segmentations |
6.1 Lithuania Tire Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Tire Material Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.3 Lithuania Tire Material Market Revenues & Volume, By Reinforcing Fillers, 2021-2031F |
6.1.4 Lithuania Tire Material Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Lithuania Tire Material Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.6 Lithuania Tire Material Market Revenues & Volume, By Metal Reinforcements, 2021-2031F |
6.1.7 Lithuania Tire Material Market Revenues & Volume, By Textile Reinforcements, 2021-2031F |
6.2 Lithuania Tire Material Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Tire Material Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Lithuania Tire Material Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Lithuania Tire Material Market Revenues & Volume, By Buses, 2021-2031F |
6.2.5 Lithuania Tire Material Market Revenues & Volume, By LCV, 2021-2031F |
7 Lithuania Tire Material Market Import-Export Trade Statistics |
7.1 Lithuania Tire Material Market Export to Major Countries |
7.2 Lithuania Tire Material Market Imports from Major Countries |
8 Lithuania Tire Material Market Key Performance Indicators |
8.1 Percentage of tire manufacturers in Lithuania using sustainable tire materials |
8.2 Average lifespan of tires produced using advanced tire materials |
8.3 Research and development investment in innovative tire material technologies |
9 Lithuania Tire Material Market - Opportunity Assessment |
9.1 Lithuania Tire Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Tire Material Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Lithuania Tire Material Market - Competitive Landscape |
10.1 Lithuania Tire Material Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Tire Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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