| Product Code: ETC8034831 | 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 saw a steady increase in automobile import shipments, with top exporting countries being Latvia, Czechia, Germany, Estonia, and Finland. The market remained moderately concentrated with a stable HHI. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate from 2020 to 2024 was positive at 5.69%. This indicates a resilient market for automobile imports in Lithuania, supported by strong trade relationships with neighboring countries and key players in the industry.

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 Automobile Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Automobile Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Automobile Market - Industry Life Cycle |
3.4 Lithuania Automobile Market - Porter's Five Forces |
3.5 Lithuania Automobile Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Lithuania Automobile Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Lithuania Automobile Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Lithuania Automobile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Lithuania |
4.2.2 Government initiatives promoting electric and hybrid vehicles |
4.2.3 Growth in the tourism industry leading to higher demand for rental cars |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on automobiles in Lithuania |
4.3.2 Fluctuating fuel prices impacting consumer purchasing power |
4.3.3 Limited infrastructure for electric vehicle charging stations |
5 Lithuania Automobile Market Trends |
6 Lithuania Automobile Market, By Types |
6.1 Lithuania Automobile Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Automobile Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Lithuania Automobile Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Lithuania Automobile Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.1.5 Lithuania Automobile Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.1.6 Lithuania Automobile Market Revenues & Volume, By Three-wheelers, 2021- 2031F |
6.2 Lithuania Automobile Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Automobile Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F |
6.2.3 Lithuania Automobile Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.3 Lithuania Automobile Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Automobile Market Revenues & Volume, By New Vehicles, 2021- 2031F |
6.3.3 Lithuania Automobile Market Revenues & Volume, By Used Vehicles, 2021- 2031F |
7 Lithuania Automobile Market Import-Export Trade Statistics |
7.1 Lithuania Automobile Market Export to Major Countries |
7.2 Lithuania Automobile Market Imports from Major Countries |
8 Lithuania Automobile Market Key Performance Indicators |
8.1 Average age of vehicles in Lithuania |
8.2 Number of new car registrations |
8.3 Adoption rate of electric vehicles in the market |
9 Lithuania Automobile Market - Opportunity Assessment |
9.1 Lithuania Automobile Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Lithuania Automobile Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Lithuania Automobile Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Lithuania Automobile Market - Competitive Landscape |
10.1 Lithuania Automobile Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Automobile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |