| Product Code: ETC8034117 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lithuania`s aluminum forging import market in 2024 continued to see diverse sources, with top exporters being China, Latvia, Poland, Germany, and Spain. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 15.13%, showcasing sustained expansion. Notably, the growth rate for the year 2024 accelerated to 10.53%, reflecting increasing demand and opportunities in the Lithuanian market for aluminum forgings.

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 Aluminum Forging Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Aluminum Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Aluminum Forging Market - Industry Life Cycle |
3.4 Lithuania Aluminum Forging Market - Porter's Five Forces |
3.5 Lithuania Aluminum Forging Market Revenues & Volume Share, By Forging Type, 2021 & 2031F |
3.6 Lithuania Aluminum Forging Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Lithuania Aluminum Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries, driving the adoption of aluminum forging. |
4.2.2 Growing focus on sustainable manufacturing practices, with aluminum being a recyclable material, boosting the market for aluminum forging. |
4.2.3 Technological advancements in aluminum forging processes leading to improved efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production costs of aluminum forging. |
4.3.2 Intense competition from other forging materials like steel and titanium, posing a challenge to market growth. |
4.3.3 Regulatory challenges related to environmental standards and emissions control affecting the manufacturing processes. |
5 Lithuania Aluminum Forging Market Trends |
6 Lithuania Aluminum Forging Market, By Types |
6.1 Lithuania Aluminum Forging Market, By Forging Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Aluminum Forging Market Revenues & Volume, By Forging Type, 2021- 2031F |
6.1.3 Lithuania Aluminum Forging Market Revenues & Volume, By Open Die Forging, 2021- 2031F |
6.1.4 Lithuania Aluminum Forging Market Revenues & Volume, By Close Die Forging, 2021- 2031F |
6.1.5 Lithuania Aluminum Forging Market Revenues & Volume, By ARing Rolled Forging, 2021- 2031F |
6.2 Lithuania Aluminum Forging Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Aluminum Forging Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Lithuania Aluminum Forging Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Lithuania Aluminum Forging Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 Lithuania Aluminum Forging Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Lithuania Aluminum Forging Market Revenues & Volume, By Other End-User Industries, 2021- 2031F |
7 Lithuania Aluminum Forging Market Import-Export Trade Statistics |
7.1 Lithuania Aluminum Forging Market Export to Major Countries |
7.2 Lithuania Aluminum Forging Market Imports from Major Countries |
8 Lithuania Aluminum Forging Market Key Performance Indicators |
8.1 Energy efficiency improvements in aluminum forging processes. |
8.2 Reduction in waste generation during the forging process. |
8.3 Adoption rate of advanced technologies in aluminum forging production. |
9 Lithuania Aluminum Forging Market - Opportunity Assessment |
9.1 Lithuania Aluminum Forging Market Opportunity Assessment, By Forging Type, 2021 & 2031F |
9.2 Lithuania Aluminum Forging Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Lithuania Aluminum Forging Market - Competitive Landscape |
10.1 Lithuania Aluminum Forging Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Aluminum Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |