| Product Code: ETC5174291 | 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 |
The import shipments of CNC tool & cutter grinding machines to Lithuania in 2024 show a diversified source of supply, with top exporting countries being Germany, UK, Estonia, Latvia, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has significantly decreased from very high in 2023 to a more moderate level in 2024. The negative compound annual growth rate (CAGR) of -44.17% from 2020 to 2024 and a steep decline in growth rate of -82.05% from 2023 to 2024 indicate a challenging market environment for these imports in Lithuania.

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 CNC Tool & Cutter Grinding Machine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania CNC Tool & Cutter Grinding Machine Market - Industry Life Cycle |
3.4 Lithuania CNC Tool & Cutter Grinding Machine Market - Porter's Five Forces |
3.5 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania CNC Tool & Cutter Grinding Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision machining in industries such as automotive, aerospace, and electronics |
4.2.2 Technological advancements leading to the development of high-precision CNC tool cutter grinding machines |
4.2.3 Growing adoption of automation and Industry 4.0 practices in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing CNC tool cutter grinding machines |
4.3.2 Lack of skilled workforce proficient in operating and maintaining advanced CNC machines |
4.3.3 Intense competition among market players leading to pricing pressures |
5 Lithuania CNC Tool & Cutter Grinding Machine Market Trends |
6 Lithuania CNC Tool & Cutter Grinding Machine Market Segmentations |
6.1 Lithuania CNC Tool & Cutter Grinding Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Tool & Cutter Grinding Machine, 2021-2031F |
6.1.3 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Universal Grinding Machine, 2021-2031F |
6.1.4 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Blank And Cylindrical Grinding Machines, 2021-2031F |
6.2 Lithuania CNC Tool & Cutter Grinding Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Aerospace And Defense, 2021-2031F |
6.2.4 Lithuania CNC Tool & Cutter Grinding Machine Market Revenues & Volume, By Electrical And Electronics Manufacturing, 2021-2031F |
7 Lithuania CNC Tool & Cutter Grinding Machine Market Import-Export Trade Statistics |
7.1 Lithuania CNC Tool & Cutter Grinding Machine Market Export to Major Countries |
7.2 Lithuania CNC Tool & Cutter Grinding Machine Market Imports from Major Countries |
8 Lithuania CNC Tool & Cutter Grinding Machine Market Key Performance Indicators |
8.1 Average machine utilization rate |
8.2 Percentage of machines equipped with advanced automation features |
8.3 Rate of adoption of Industry 4.0 technologies in manufacturing processes |
9 Lithuania CNC Tool & Cutter Grinding Machine Market - Opportunity Assessment |
9.1 Lithuania CNC Tool & Cutter Grinding Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania CNC Tool & Cutter Grinding Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania CNC Tool & Cutter Grinding Machine Market - Competitive Landscape |
10.1 Lithuania CNC Tool & Cutter Grinding Machine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania CNC Tool & Cutter Grinding Machine 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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