| Product Code: ETC8034680 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lithuania`s auger drilling import shipments in 2024 continued to be dominated by top exporters such as the USA, Germany, Finland, Latvia, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a market with significant concentration among these key players. Despite a negative compound annual growth rate (CAGR) of -13.48% from 2020 to 2024, there was a slight uptick in growth with a 0.09% rate in 2023-24. This suggests a stable but challenging market environment for auger drilling imports in Lithuania, with continued reliance on a select group of exporting countries.

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 Auger Drilling Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Auger Drilling Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Auger Drilling Market - Industry Life Cycle |
3.4 Lithuania Auger Drilling Market - Porter's Five Forces |
3.5 Lithuania Auger Drilling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Auger Drilling Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.7 Lithuania Auger Drilling Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.8 Lithuania Auger Drilling Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Lithuania Auger Drilling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for infrastructure development projects in Lithuania |
4.2.2 Growing investments in construction and mining sectors |
4.2.3 Adoption of advanced drilling technologies in the country |
4.3 Market Restraints |
4.3.1 Environmental regulations impacting drilling activities |
4.3.2 Volatility in raw material prices affecting drilling equipment costs |
5 Lithuania Auger Drilling Market Trends |
6 Lithuania Auger Drilling Market, By Types |
6.1 Lithuania Auger Drilling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Auger Drilling Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Auger Drilling Market Revenues & Volume, By Handheld, 2021- 2031F |
6.1.4 Lithuania Auger Drilling Market Revenues & Volume, By Machine, 2021- 2031F |
6.2 Lithuania Auger Drilling Market, By Structure |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Auger Drilling Market Revenues & Volume, By Bucket Augers, 2021- 2031F |
6.2.3 Lithuania Auger Drilling Market Revenues & Volume, By Continuous Flight Augers, 2021- 2031F |
6.3 Lithuania Auger Drilling Market, By Design |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Auger Drilling Market Revenues & Volume, By Single Start, 2021- 2031F |
6.3.3 Lithuania Auger Drilling Market Revenues & Volume, By Double Start, 2021- 2031F |
6.4 Lithuania Auger Drilling Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Auger Drilling Market Revenues & Volume, By Construction, 2021- 2031F |
6.4.3 Lithuania Auger Drilling Market Revenues & Volume, By Mining, 2021- 2031F |
6.4.4 Lithuania Auger Drilling Market Revenues & Volume, By Others (Agricultural, Industrial), 2021- 2031F |
7 Lithuania Auger Drilling Market Import-Export Trade Statistics |
7.1 Lithuania Auger Drilling Market Export to Major Countries |
7.2 Lithuania Auger Drilling Market Imports from Major Countries |
8 Lithuania Auger Drilling Market Key Performance Indicators |
8.1 Average project completion time |
8.2 Rate of adoption of advanced drilling technologies |
8.3 Number of new infrastructure projects announced |
8.4 Efficiency of drilling operations |
8.5 Maintenance costs of drilling equipment |
9 Lithuania Auger Drilling Market - Opportunity Assessment |
9.1 Lithuania Auger Drilling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Auger Drilling Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.3 Lithuania Auger Drilling Market Opportunity Assessment, By Design, 2021 & 2031F |
9.4 Lithuania Auger Drilling Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Lithuania Auger Drilling Market - Competitive Landscape |
10.1 Lithuania Auger Drilling Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Auger Drilling 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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