| Product Code: ETC12053178 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Lithuania continued to rely heavily on asphalt imports, with top suppliers being Poland, Latvia, and Germany. Despite a concerning high concentration with the Herfindahl-Hirschman Index (HHI), the market saw a significant decline with a Compound Annual Growth Rate (CAGR) of -33.15% from 2020 to 2024. The negative growth trend persisted in 2024, with a -27.8% rate. This data suggests challenges within the market that may necessitate strategic adjustments and diversification of import sources for Lithuania`s asphalt 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 Building Asphalt Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Building Asphalt Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Building Asphalt Market - Industry Life Cycle |
3.4 Lithuania Building Asphalt Market - Porter's Five Forces |
3.5 Lithuania Building Asphalt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Building Asphalt Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Lithuania Building Asphalt Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Lithuania Building Asphalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure projects |
4.2.2 Growth in the construction industry in Lithuania |
4.2.3 Rising demand for sustainable and eco-friendly asphalt solutions |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental regulations impacting asphalt production |
4.3.3 Competition from alternative construction materials |
5 Lithuania Building Asphalt Market Trends |
6 Lithuania Building Asphalt Market, By Types |
6.1 Lithuania Building Asphalt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Building Asphalt Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Lithuania Building Asphalt Market Revenues & Volume, By Hot Mix Asphalt (HMA), 2021 - 2031F |
6.1.4 Lithuania Building Asphalt Market Revenues & Volume, By Warm Mix Asphalt (WMA), 2021 - 2031F |
6.1.5 Lithuania Building Asphalt Market Revenues & Volume, By Cold Mix Asphalt (CMA), 2021 - 2031F |
6.1.6 Lithuania Building Asphalt Market Revenues & Volume, By Polymer-Modified Asphalt, 2021 - 2031F |
6.2 Lithuania Building Asphalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Building Asphalt Market Revenues & Volume, By Road Paving, 2021 - 2031F |
6.2.3 Lithuania Building Asphalt Market Revenues & Volume, By Driveways & Parking Lots, 2021 - 2031F |
6.2.4 Lithuania Building Asphalt Market Revenues & Volume, By Pothole Patching, 2021 - 2031F |
6.2.5 Lithuania Building Asphalt Market Revenues & Volume, By Roofing & Waterproofing, 2021 - 2031F |
6.3 Lithuania Building Asphalt Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Building Asphalt Market Revenues & Volume, By Construction Firms, 2021 - 2031F |
6.3.3 Lithuania Building Asphalt Market Revenues & Volume, By Municipal Authorities, 2021 - 2031F |
6.3.4 Lithuania Building Asphalt Market Revenues & Volume, By Infrastructure Projects, 2021 - 2031F |
6.3.5 Lithuania Building Asphalt Market Revenues & Volume, By Real Estate Developers, 2021 - 2031F |
7 Lithuania Building Asphalt Market Import-Export Trade Statistics |
7.1 Lithuania Building Asphalt Market Export to Major Countries |
7.2 Lithuania Building Asphalt Market Imports from Major Countries |
8 Lithuania Building Asphalt Market Key Performance Indicators |
8.1 Percentage of government budget allocated to infrastructure projects |
8.2 Number of new construction permits issued in Lithuania |
8.3 Adoption rate of sustainable asphalt technologies |
8.4 Average age of asphalt production equipment in the market |
8.5 Number of research and development projects focused on asphalt innovation |
9 Lithuania Building Asphalt Market - Opportunity Assessment |
9.1 Lithuania Building Asphalt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Building Asphalt Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Lithuania Building Asphalt Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Lithuania Building Asphalt Market - Competitive Landscape |
10.1 Lithuania Building Asphalt Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Building Asphalt 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.
To discover high-growth global markets and optimize your business strategy:
Click Here