| Product Code: ETC5320990 | 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 spikenard essential oil import market in 2024 saw consistent shipments mainly from neighboring countries like Latvia and Estonia, as well as Poland, Belgium, and Germany. Despite a negative Compound Annual Growth Rate (CAGR) of -29.86% from 2020 to 2024, the Herfindahl-Hirschman Index (HHI) remained at low concentration levels. The growth rate for 2023-2024 also declined by -29.34%. These trends suggest a stable but declining market for spikenard essential oil imports in Lithuania, with potential shifts in supplier dynamics worth monitoring.

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 Spikenard Essential Oil Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Spikenard Essential Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Spikenard Essential Oil Market - Industry Life Cycle |
3.4 Lithuania Spikenard Essential Oil Market - Porter's Five Forces |
3.5 Lithuania Spikenard Essential Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.6 Lithuania Spikenard Essential Oil Market Revenues & Volume Share, By Functions, 2021 & 2031F |
3.7 Lithuania Spikenard Essential Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Spikenard Essential Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of spikenard essential oil in Lithuania |
4.2.2 Growing demand for natural and organic skincare and personal care products |
4.2.3 Rising preference for aromatherapy and holistic wellness practices in the country |
4.3 Market Restraints |
4.3.1 Limited availability of spikenard plants for oil extraction in Lithuania |
4.3.2 High production costs associated with cultivating and processing spikenard essential oil |
4.3.3 Lack of standardized quality control measures in the spikenard essential oil market |
5 Lithuania Spikenard Essential Oil Market Trends |
6 Lithuania Spikenard Essential Oil Market Segmentations |
6.1 Lithuania Spikenard Essential Oil Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Household Care, 2021-2031F |
6.1.3 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.4 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Cosmetics And Personal Care, 2021-2031F |
6.2 Lithuania Spikenard Essential Oil Market, By Functions |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Antibacterial, 2021-2031F |
6.2.3 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Antifungal, 2021-2031F |
6.2.4 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Anti-inflammatory, 2021-2031F |
6.3 Lithuania Spikenard Essential Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F |
6.3.3 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Lithuania Spikenard Essential Oil Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Lithuania Spikenard Essential Oil Market Import-Export Trade Statistics |
7.1 Lithuania Spikenard Essential Oil Market Export to Major Countries |
7.2 Lithuania Spikenard Essential Oil Market Imports from Major Countries |
8 Lithuania Spikenard Essential Oil Market Key Performance Indicators |
8.1 Percentage increase in the number of spas and wellness centers offering spikenard essential oil treatments |
8.2 Growth in the number of skincare and personal care products containing spikenard essential oil |
8.3 Number of research studies or publications highlighting the therapeutic benefits of spikenard essential oil |
9 Lithuania Spikenard Essential Oil Market - Opportunity Assessment |
9.1 Lithuania Spikenard Essential Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.2 Lithuania Spikenard Essential Oil Market Opportunity Assessment, By Functions, 2021 & 2031F |
9.3 Lithuania Spikenard Essential Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Spikenard Essential Oil Market - Competitive Landscape |
10.1 Lithuania Spikenard Essential Oil Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Spikenard Essential Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |