| Product Code: ETC8036895 | 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 |
In 2024, Lithuania continued to see a high concentration of casting devices imports, with top exporters being Turkey, China, Germany, Latvia, and Poland. The HHI index indicates a significant level of market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.89%, showing steady growth in the market. Furthermore, the growth rate from 2023 to 2024 spiked to 8.47%, reflecting an accelerating demand for casting devices in Lithuania. The consistent inflow of imports from key exporting countries suggests a robust market for casting devices in the country.

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 Casting Devices Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Casting Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Casting Devices Market - Industry Life Cycle |
3.4 Lithuania Casting Devices Market - Porter's Five Forces |
3.5 Lithuania Casting Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Casting Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Lithuania Casting Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Casting Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for casting devices in the manufacturing sector |
4.2.2 Technological advancements leading to the development of more efficient casting devices |
4.2.3 Growing emphasis on precision and quality in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from global casting device manufacturers |
4.3.3 Regulatory challenges and compliance requirements in the manufacturing industry |
5 Lithuania Casting Devices Market Trends |
6 Lithuania Casting Devices Market, By Types |
6.1 Lithuania Casting Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Casting Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Casting Devices Market Revenues & Volume, By Gaming Consoles, 2021- 2031F |
6.1.4 Lithuania Casting Devices Market Revenues & Volume, By Media Streamers, 2021- 2031F |
6.1.5 Lithuania Casting Devices Market Revenues & Volume, By Smart TVs, 2021- 2031F |
6.2 Lithuania Casting Devices Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Casting Devices Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Lithuania Casting Devices Market Revenues & Volume, By Residential, 2021- 2031F |
6.3 Lithuania Casting Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Casting Devices Market Revenues & Volume, By E-Learning, 2021- 2031F |
6.3.3 Lithuania Casting Devices Market Revenues & Volume, By Web Browsing, 2021- 2031F |
6.3.4 Lithuania Casting Devices Market Revenues & Volume, By Gaming, 2021- 2031F |
7 Lithuania Casting Devices Market Import-Export Trade Statistics |
7.1 Lithuania Casting Devices Market Export to Major Countries |
7.2 Lithuania Casting Devices Market Imports from Major Countries |
8 Lithuania Casting Devices Market Key Performance Indicators |
8.1 Percentage of manufacturing companies adopting advanced casting devices |
8.2 Rate of investment in research and development for casting device technologies |
8.3 Number of patents filed for innovative casting device designs or processes |
9 Lithuania Casting Devices Market - Opportunity Assessment |
9.1 Lithuania Casting Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Casting Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Lithuania Casting Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Casting Devices Market - Competitive Landscape |
10.1 Lithuania Casting Devices Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Casting Devices 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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