| Product Code: ETC8038009 | 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 compressed natural gas (CNG) import shipments in 2024 continued to see a high concentration of suppliers, with top exporters being Latvia, Italy, China, Poland, and Germany. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating limited competition in the market. The impressive compound annual growth rate (CAGR) of 23.61% from 2020 to 2024 highlights the increasing demand for CNG in Lithuania. Moreover, the exceptional growth rate of 63.12% from 2023 to 2024 signals a significant acceleration in import volumes, reflecting a positive trend for the CNG market 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 Compressed Natural Gas (CNG) Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Compressed Natural Gas (CNG) Market - Industry Life Cycle |
3.4 Lithuania Compressed Natural Gas (CNG) Market - Porter's Five Forces |
3.5 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Compressed Natural Gas (CNG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness and focus on reducing carbon emissions |
4.2.2 Government initiatives and policies promoting the use of natural gas as a cleaner fuel |
4.2.3 Rising energy costs driving the demand for more cost-effective fuel alternatives |
4.3 Market Restraints |
4.3.1 High initial investment costs in infrastructure for CNG distribution |
4.3.2 Limited availability of CNG refueling stations compared to traditional fuel stations |
4.3.3 Technological challenges and limited vehicle options for CNG fuel adoption |
5 Lithuania Compressed Natural Gas (CNG) Market Trends |
6 Lithuania Compressed Natural Gas (CNG) Market, By Types |
6.1 Lithuania Compressed Natural Gas (CNG) Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Associated Gas, 2021- 2031F |
6.1.4 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Non-Associated Gas, 2021- 2031F |
6.1.5 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Unconventional Sources, 2021- 2031F |
6.2 Lithuania Compressed Natural Gas (CNG) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Light-Duty Vehicles, 2021- 2031F |
6.2.3 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Buses, 2021- 2031F |
6.2.4 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Trucks, 2021- 2031F |
6.2.5 Lithuania Compressed Natural Gas (CNG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Compressed Natural Gas (CNG) Market Import-Export Trade Statistics |
7.1 Lithuania Compressed Natural Gas (CNG) Market Export to Major Countries |
7.2 Lithuania Compressed Natural Gas (CNG) Market Imports from Major Countries |
8 Lithuania Compressed Natural Gas (CNG) Market Key Performance Indicators |
8.1 Number of new government policies or regulations supporting CNG adoption |
8.2 Growth in the number of CNG refueling stations in Lithuania |
8.3 Percentage increase in the number of CNG-powered vehicles on the road |
8.4 Average price comparison between CNG and traditional fuels |
8.5 Carbon emission reduction achieved through the use of CNG |
9 Lithuania Compressed Natural Gas (CNG) Market - Opportunity Assessment |
9.1 Lithuania Compressed Natural Gas (CNG) Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Lithuania Compressed Natural Gas (CNG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Compressed Natural Gas (CNG) Market - Competitive Landscape |
10.1 Lithuania Compressed Natural Gas (CNG) Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Compressed Natural Gas (CNG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |