| Product Code: ETC8034375 | 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 |
In 2024, Lithuania continued to rely heavily on aquaculture feed imports, with key suppliers being Poland, Germany, UK, Slovakia, and Norway. Despite a marginal Compound Annual Growth Rate (CAGR) of 0.1% from 2020 to 2024, the industry experienced a significant decline in growth rate from 2023 to 2024 at -29.8%. The High Herfindahl-Hirschman Index (HHI) indicates a market structure with very high concentration, suggesting a potential need for diversification in import sources to mitigate risks and ensure supply stability in the future.

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 Aquaculture Feed Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Aquaculture Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Aquaculture Feed Market - Industry Life Cycle |
3.4 Lithuania Aquaculture Feed Market - Porter's Five Forces |
3.5 Lithuania Aquaculture Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Lithuania Aquaculture Feed Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.7 Lithuania Aquaculture Feed Market Revenues & Volume Share, By Lifecycle, 2021 & 2031F |
4 Lithuania Aquaculture Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumption of fish and seafood products in Lithuania |
4.2.2 Rising demand for sustainable aquaculture practices |
4.2.3 Technological advancements in aquaculture feed production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquaculture feed production |
4.3.2 Stringent government regulations on aquaculture operations |
4.3.3 Competition from imports of aquaculture feed products |
5 Lithuania Aquaculture Feed Market Trends |
6 Lithuania Aquaculture Feed Market, By Types |
6.1 Lithuania Aquaculture Feed Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Aquaculture Feed Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Lithuania Aquaculture Feed Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 Lithuania Aquaculture Feed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 Lithuania Aquaculture Feed Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.2 Lithuania Aquaculture Feed Market, By Ingredient |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Aquaculture Feed Market Revenues & Volume, By Soybean, 2021- 2031F |
6.2.3 Lithuania Aquaculture Feed Market Revenues & Volume, By Corn, 2021- 2031F |
6.2.4 Lithuania Aquaculture Feed Market Revenues & Volume, By Fishmeal, 2021- 2031F |
6.2.5 Lithuania Aquaculture Feed Market Revenues & Volume, By Fish Oil, 2021- 2031F |
6.2.6 Lithuania Aquaculture Feed Market Revenues & Volume, By Additives, 2021- 2031F |
6.3 Lithuania Aquaculture Feed Market, By Lifecycle |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Aquaculture Feed Market Revenues & Volume, By Starter Feed, 2021- 2031F |
6.3.3 Lithuania Aquaculture Feed Market Revenues & Volume, By Grower Feed, 2021- 2031F |
6.3.4 Lithuania Aquaculture Feed Market Revenues & Volume, By Finisher Feed, 2021- 2031F |
6.3.5 Lithuania Aquaculture Feed Market Revenues & Volume, By Brooder Feed, 2021- 2031F |
7 Lithuania Aquaculture Feed Market Import-Export Trade Statistics |
7.1 Lithuania Aquaculture Feed Market Export to Major Countries |
7.2 Lithuania Aquaculture Feed Market Imports from Major Countries |
8 Lithuania Aquaculture Feed Market Key Performance Indicators |
8.1 Average feed conversion ratio |
8.2 Percentage of aquaculture farms using specialized feed |
8.3 Adoption rate of innovative feed formulations |
8.4 Percentage of aquaculture feed meeting quality standards |
8.5 Sustainability certifications obtained by aquaculture feed manufacturers |
9 Lithuania Aquaculture Feed Market - Opportunity Assessment |
9.1 Lithuania Aquaculture Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Lithuania Aquaculture Feed Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.3 Lithuania Aquaculture Feed Market Opportunity Assessment, By Lifecycle, 2021 & 2031F |
10 Lithuania Aquaculture Feed Market - Competitive Landscape |
10.1 Lithuania Aquaculture Feed Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Aquaculture Feed 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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