| Product Code: ETC5887684 | 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 |
In 2024, Lithuania continued to heavily rely on imports of electric vehicle plastics, with top suppliers being Poland, Czechia, Germany, Austria, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition. Despite a modest compound annual growth rate (CAGR) of 0.75% from 2020 to 2024, there was a concerning decline in growth rate from 2023 to 2024 at -7.13%. This trend suggests a need for further analysis to understand the factors influencing the demand for electric vehicle plastics in Lithuania.

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 Electric Vehicle Plastics Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Electric Vehicle Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Electric Vehicle Plastics Market - Industry Life Cycle |
3.4 Lithuania Electric Vehicle Plastics Market - Porter's Five Forces |
3.5 Lithuania Electric Vehicle Plastics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Lithuania Electric Vehicle Plastics Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Lithuania Electric Vehicle Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Electric Vehicle Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives promoting electric vehicles in Lithuania |
4.2.2 Growing awareness about environmental sustainability and the shift towards eco-friendly transportation solutions |
4.2.3 Advancements in electric vehicle technology leading to increased adoption of electric vehicles in Lithuania |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and related components, including plastics |
4.3.2 Limited infrastructure for electric vehicles such as charging stations and maintenance facilities in Lithuania |
5 Lithuania Electric Vehicle Plastics Market Trends |
6 Lithuania Electric Vehicle Plastics Market Segmentations |
6.1 Lithuania Electric Vehicle Plastics Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polyurethane (PUR), 2021-2031F |
6.1.4 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.5 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021-2031F |
6.1.6 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polyoxymethylene (POM), 2021-2031F |
6.1.7 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.9 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polyamide (PA), 2021-2031F |
6.1.10 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Polyamide (PA), 2021-2031F |
6.2 Lithuania Electric Vehicle Plastics Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Hybrid Electric Vehicles (HEVs), 2021-2031F |
6.2.3 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Plug-In Hybrid Electric Vehicles (PHEVs), 2021-2031F |
6.2.4 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Battery Electric Vehicles (BEVs), 2021-2031F |
6.3 Lithuania Electric Vehicle Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Interior furnishing, 2021-2031F |
6.3.3 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Exterior furnishing, 2021-2031F |
6.3.4 Lithuania Electric Vehicle Plastics Market Revenues & Volume, By Others, 2021-2031F |
7 Lithuania Electric Vehicle Plastics Market Import-Export Trade Statistics |
7.1 Lithuania Electric Vehicle Plastics Market Export to Major Countries |
7.2 Lithuania Electric Vehicle Plastics Market Imports from Major Countries |
8 Lithuania Electric Vehicle Plastics Market Key Performance Indicators |
8.1 Percentage increase in electric vehicle registrations in Lithuania |
8.2 Adoption rate of electric vehicle plastics by automotive manufacturers in Lithuania |
8.3 Investment in research and development of sustainable plastics for electric vehicles in Lithuania |
9 Lithuania Electric Vehicle Plastics Market - Opportunity Assessment |
9.1 Lithuania Electric Vehicle Plastics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Lithuania Electric Vehicle Plastics Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Lithuania Electric Vehicle Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Electric Vehicle Plastics Market - Competitive Landscape |
10.1 Lithuania Electric Vehicle Plastics Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Electric Vehicle Plastics 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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