| Product Code: ETC8038359 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lithuania continues to rely on imports of cordless drills, with top exporters in 2024 being Estonia, Poland, Latvia, China, and Netherlands. Despite a decrease in the growth rate from 2023 to 2024, the Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports in the market. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -5.06%, reflecting a challenging market environment. The high concentration of imports suggests the need for diversification strategies and market exploration to drive future growth in the cordless drill segment 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 Cordless Drill Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Cordless Drill Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Cordless Drill Market - Industry Life Cycle |
3.4 Lithuania Cordless Drill Market - Porter's Five Forces |
3.5 Lithuania Cordless Drill Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Cordless Drill Market Revenues & Volume Share, By Battery, 2021 & 2031F |
4 Lithuania Cordless Drill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Cordless Drill Market Trends |
6 Lithuania Cordless Drill Market, By Types |
6.1 Lithuania Cordless Drill Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Cordless Drill Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Cordless Drill Market Revenues & Volume, By Hammer & Rotary Power Cordless Drills, 2021- 2031F |
6.1.4 Lithuania Cordless Drill Market Revenues & Volume, By Impact Power Cordless Drills, 2021- 2031F |
6.2 Lithuania Cordless Drill Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Cordless Drill Market Revenues & Volume, By Nickel-cadmium Batteries, 2021- 2031F |
6.2.3 Lithuania Cordless Drill Market Revenues & Volume, By Lithium-ion batteries, 2021- 2031F |
7 Lithuania Cordless Drill Market Import-Export Trade Statistics |
7.1 Lithuania Cordless Drill Market Export to Major Countries |
7.2 Lithuania Cordless Drill Market Imports from Major Countries |
8 Lithuania Cordless Drill Market Key Performance Indicators |
9 Lithuania Cordless Drill Market - Opportunity Assessment |
9.1 Lithuania Cordless Drill Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Cordless Drill Market Opportunity Assessment, By Battery, 2021 & 2031F |
10 Lithuania Cordless Drill Market - Competitive Landscape |
10.1 Lithuania Cordless Drill Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Cordless Drill 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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