| Product Code: ETC8037046 | 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 |
Lithuania`s import shipments of centrifugal compressors in 2024 saw a notable increase in diversification, with top exporters including Belgium, Metropolitan France, Poland, Other Europe, and Germany. The market exhibited a transition from moderate to low concentration, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 15.92% from 2020 to 2024 reflects a robust market expansion, further supported by a solid growth rate of 4.2% from 2023 to 2024. This data suggests a growing demand for centrifugal compressors in Lithuania and a positive outlook for 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 Centrifugal Compressor Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Centrifugal Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Centrifugal Compressor Market - Industry Life Cycle |
3.4 Lithuania Centrifugal Compressor Market - Porter's Five Forces |
3.5 Lithuania Centrifugal Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Centrifugal Compressor Market Revenues & Volume Share, By Discharge Pressure, 2021 & 2031F |
3.7 Lithuania Centrifugal Compressor Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Lithuania Centrifugal Compressor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Centrifugal Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in industrial processes |
4.2.2 Growth in industrial activities and manufacturing sector in Lithuania |
4.2.3 Government initiatives promoting the use of energy-efficient technologies |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with centrifugal compressors |
4.3.2 Competition from other types of compressors like rotary screw compressors |
4.3.3 Economic downturn impacting industrial investments |
5 Lithuania Centrifugal Compressor Market Trends |
6 Lithuania Centrifugal Compressor Market, By Types |
6.1 Lithuania Centrifugal Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Centrifugal Compressor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Centrifugal Compressor Market Revenues & Volume, By Single-stage Centrifugal Compressor, 2021- 2031F |
6.1.4 Lithuania Centrifugal Compressor Market Revenues & Volume, By Multi-stage Centrifugal Compressor, 2021- 2031F |
6.2 Lithuania Centrifugal Compressor Market, By Discharge Pressure |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Centrifugal Compressor Market Revenues & Volume, By Below 20 Bars, 2021- 2031F |
6.2.3 Lithuania Centrifugal Compressor Market Revenues & Volume, By Between 20 and 200 Bars, 2021- 2031F |
6.2.4 Lithuania Centrifugal Compressor Market Revenues & Volume, By Between 200 and 400 Bars, 2021- 2031F |
6.2.5 Lithuania Centrifugal Compressor Market Revenues & Volume, By Above 400 Bars, 2021- 2031F |
6.3 Lithuania Centrifugal Compressor Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Centrifugal Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Lithuania Centrifugal Compressor Market Revenues & Volume, By Power, 2021- 2031F |
6.3.4 Lithuania Centrifugal Compressor Market Revenues & Volume, By Petrochemicals, 2021- 2031F |
6.3.5 Lithuania Centrifugal Compressor Market Revenues & Volume, By Chemicals & Fertilizers, 2021- 2031F |
6.3.6 Lithuania Centrifugal Compressor Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.7 Lithuania Centrifugal Compressor Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.8 Lithuania Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Lithuania Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Lithuania Centrifugal Compressor Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Centrifugal Compressor Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.3 Lithuania Centrifugal Compressor Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Lithuania Centrifugal Compressor Market Import-Export Trade Statistics |
7.1 Lithuania Centrifugal Compressor Market Export to Major Countries |
7.2 Lithuania Centrifugal Compressor Market Imports from Major Countries |
8 Lithuania Centrifugal Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvement rate in industrial processes |
8.2 Number of new industrial projects in Lithuania |
8.3 Adoption rate of energy-efficient technologies in manufacturing sector |
9 Lithuania Centrifugal Compressor Market - Opportunity Assessment |
9.1 Lithuania Centrifugal Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Centrifugal Compressor Market Opportunity Assessment, By Discharge Pressure, 2021 & 2031F |
9.3 Lithuania Centrifugal Compressor Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Lithuania Centrifugal Compressor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Centrifugal Compressor Market - Competitive Landscape |
10.1 Lithuania Centrifugal Compressor Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Centrifugal Compressor 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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