| Product Code: ETC8037250 | 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 steady flow of chiller imports from top exporters such as Ireland, Germany, China, Italy, and Metropolitan France. Despite the diversity of sources, the market remained fairly competitive with a low concentration as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-24 stood at 1.55%, reflecting a stable overall trend. However, there was a notable decline in the growth rate from 2023 to 2024, dropping by -16.48%, signaling a potential shift in market dynamics that importers should be mindful of.

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 Chiller Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Chiller Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Chiller Market - Industry Life Cycle |
3.4 Lithuania Chiller Market - Porter's Five Forces |
3.5 Lithuania Chiller Market Revenues & Volume Share, By Heat Rejection Method or Type of Cooling, 2021 & 2031F |
3.6 Lithuania Chiller Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.7 Lithuania Chiller Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Lithuania Chiller Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Chiller Market Trends |
6 Lithuania Chiller Market, By Types |
6.1 Lithuania Chiller Market, By Heat Rejection Method or Type of Cooling |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Chiller Market Revenues & Volume, By Heat Rejection Method or Type of Cooling, 2021- 2031F |
6.1.3 Lithuania Chiller Market Revenues & Volume, By Water Cooled, 2021- 2031F |
6.1.4 Lithuania Chiller Market Revenues & Volume, By Air Cooled, 2021- 2031F |
6.2 Lithuania Chiller Market, By Compressor Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Chiller Market Revenues & Volume, By Screw Chillers, 2021- 2031F |
6.2.3 Lithuania Chiller Market Revenues & Volume, By Scroll Chillers, 2021- 2031F |
6.2.4 Lithuania Chiller Market Revenues & Volume, By Reciprocating Chillers, 2021- 2031F |
6.2.5 Lithuania Chiller Market Revenues & Volume, By Centrifugal Chillers, 2021- 2031F |
6.2.6 Lithuania Chiller Market Revenues & Volume, By Absorption Chillers, 2021- 2031F |
6.3 Lithuania Chiller Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Chiller Market Revenues & Volume, By Chemicals & Petrochemicals, 2021- 2031F |
6.3.3 Lithuania Chiller Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.4 Lithuania Chiller Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.5 Lithuania Chiller Market Revenues & Volume, By Plastics, 2021- 2031F |
6.3.6 Lithuania Chiller Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Chiller Market Import-Export Trade Statistics |
7.1 Lithuania Chiller Market Export to Major Countries |
7.2 Lithuania Chiller Market Imports from Major Countries |
8 Lithuania Chiller Market Key Performance Indicators |
9 Lithuania Chiller Market - Opportunity Assessment |
9.1 Lithuania Chiller Market Opportunity Assessment, By Heat Rejection Method or Type of Cooling, 2021 & 2031F |
9.2 Lithuania Chiller Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.3 Lithuania Chiller Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Lithuania Chiller Market - Competitive Landscape |
10.1 Lithuania Chiller Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Chiller 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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