| Product Code: ETC4654128 | 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 saw a consistent flow of cast and forged imports mainly from Turkey, China, Germany, Poland, and Estonia. Despite a negative CAGR of -6.19% from 2020-24, the market showed a positive growth rate of 4.74% in 2024. The Herfindahl-Hirschman Index (HHI) reflected moderate concentration levels in the market, indicating a diverse import landscape. The strong presence of key exporters suggests ongoing demand for cast and forged products in Lithuania, signaling potential opportunities for market expansion and strategic partnerships in the coming years.

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 Cast & Forged Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Cast & Forged Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Cast & Forged Market - Industry Life Cycle |
3.4 Lithuania Cast & Forged Market - Porter's Five Forces |
3.5 Lithuania Cast & Forged Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Lithuania Cast & Forged Market Revenues & Volume Share, By Activity Types, 2021 & 2031F |
3.7 Lithuania Cast & Forged Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Lithuania Cast & Forged Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength components in industries such as automotive and aerospace. |
4.2.2 Growing investments in infrastructure development projects in Lithuania. |
4.2.3 Technological advancements leading to improved efficiency and quality in cast forged products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition within the market leading to pricing pressures. |
4.3.3 Environmental regulations and sustainability concerns affecting manufacturing processes. |
5 Lithuania Cast & Forged Market Trends |
6 Lithuania Cast & Forged Market Segmentations |
6.1 Lithuania Cast & Forged Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Cast & Forged Market Revenues & Volume, By Light Alloys, 2021-2031F |
6.1.3 Lithuania Cast & Forged Market Revenues & Volume, By Copper Alloys, 2021-2031F |
6.1.4 Lithuania Cast & Forged Market Revenues & Volume, By Iron Casting, 2021-2031F |
6.1.5 Lithuania Cast & Forged Market Revenues & Volume, By Steel Casting, 2021-2031F |
6.1.6 Lithuania Cast & Forged Market Revenues & Volume, By Miscellaneous, 2021-2031F |
6.2 Lithuania Cast & Forged Market, By Activity Types |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Cast & Forged Market Revenues & Volume, By Closed Die Forging, 2021-2031F |
6.2.3 Lithuania Cast & Forged Market Revenues & Volume, By Open Die Forging, 2021-2031F |
6.2.4 Lithuania Cast & Forged Market Revenues & Volume, By Rolled Ring Forging, 2021-2031F |
6.2.5 Lithuania Cast & Forged Market Revenues & Volume, By Cold Forging, 2021-2031F |
6.2.6 Lithuania Cast & Forged Market Revenues & Volume, By Non-ferrous Closed Die Forging, 2021-2031F |
6.3 Lithuania Cast & Forged Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Cast & Forged Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Lithuania Cast & Forged Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.4 Lithuania Cast & Forged Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.5 Lithuania Cast & Forged Market Revenues & Volume, By Construction, 2021-2031F |
6.3.6 Lithuania Cast & Forged Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.7 Lithuania Cast & Forged Market Revenues & Volume, By Industrial, 2021-2031F |
7 Lithuania Cast & Forged Market Import-Export Trade Statistics |
7.1 Lithuania Cast & Forged Market Export to Major Countries |
7.2 Lithuania Cast & Forged Market Imports from Major Countries |
8 Lithuania Cast & Forged Market Key Performance Indicators |
8.1 Percentage increase in adoption of advanced casting and forging technologies. |
8.2 Average lead time for delivering cast forged products to customers. |
8.3 Rate of successful new product developments and innovations. |
8.4 Percentage of revenue generated from export markets. |
8.5 Level of customer satisfaction and retention. |
9 Lithuania Cast & Forged Market - Opportunity Assessment |
9.1 Lithuania Cast & Forged Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Lithuania Cast & Forged Market Opportunity Assessment, By Activity Types, 2021 & 2031F |
9.3 Lithuania Cast & Forged Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Lithuania Cast & Forged Market - Competitive Landscape |
10.1 Lithuania Cast & Forged Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Cast & Forged Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |