| Product Code: ETC4685117 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania continued to rely heavily on imports of asphalt shingles, with top exporting countries being Poland, Latvia, Italy, Turkey, and Finland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high level of concentration among suppliers. The compound annual growth rate (CAGR) for the period 2020-2024 was -2.88%, reflecting a decline in the market over the years. Furthermore, the growth rate from 2023 to 2024 saw a sharp decrease of -25.3%, signaling challenges in the industry.

In the Europe region, the Asphalt Shingles market in Lithuania is projected to expand at a stable growth rate of 2.74% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Asphalt Shingles Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Asphalt Shingles Market - Industry Life Cycle |
3.4 Lithuania Asphalt Shingles Market - Porter's Five Forces |
3.5 Lithuania Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Lithuania Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Asphalt Shingles Market Trends |
6 Lithuania Asphalt Shingles Market Segmentations |
6.1 Lithuania Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Lithuania Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Lithuania Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Lithuania Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Lithuania Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Lithuania Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Lithuania Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Lithuania Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Lithuania Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Lithuania Asphalt Shingles Market Export to Major Countries |
7.2 Lithuania Asphalt Shingles Market Imports from Major Countries |
8 Lithuania Asphalt Shingles Market Key Performance Indicators |
9 Lithuania Asphalt Shingles Market - Opportunity Assessment |
9.1 Lithuania Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Lithuania Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Asphalt Shingles Market - Competitive Landscape |
10.1 Lithuania Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Asphalt Shingles 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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