| Product Code: ETC5343866 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania`s import shipments of erucic acid continued to show strong growth, with a high level of market concentration indicated by the HHI. Top exporting countries such as Malaysia, Indonesia, and Metropolitan France have a significant share in supplying erucic acid to Lithuania. The impressive compound annual growth rate (CAGR) of 22.81% from 2020 to 2024, along with a remarkable growth rate of 38.01% from 2023 to 2024, underscores the increasing demand for erucic acid in Lithuania. This trend signals promising opportunities for market players in the erucic acid 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 Erucic Acid Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Erucic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Erucic Acid Market - Industry Life Cycle |
3.4 Lithuania Erucic Acid Market - Porter's Five Forces |
3.5 Lithuania Erucic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Lithuania Erucic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Lithuania Erucic Acid Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Lithuania Erucic Acid Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Lithuania Erucic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bio-based products in various industries |
4.2.2 Growing awareness about the benefits of erucic acid in pharmaceuticals and cosmetics |
4.2.3 Government initiatives promoting the use of sustainable and renewable resources |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Stringent regulations and standards for erucic acid content in food and industrial applications |
5 Lithuania Erucic Acid Market Trends |
6 Lithuania Erucic Acid Market Segmentations |
6.1 Lithuania Erucic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Erucic Acid Market Revenues & Volume, By Erucic acid 43-50%, 2021-2031F |
6.1.3 Lithuania Erucic Acid Market Revenues & Volume, By Erucic acid >50%, 2021-2031F |
6.2 Lithuania Erucic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Erucic Acid Market Revenues & Volume, By Slip Agent, 2021-2031F |
6.2.3 Lithuania Erucic Acid Market Revenues & Volume, By Emollient, 2021-2031F |
6.2.4 Lithuania Erucic Acid Market Revenues & Volume, By Hair care and textile softening, 2021-2031F |
6.2.5 Lithuania Erucic Acid Market Revenues & Volume, By Pour point depressant, 2021-2031F |
6.2.6 Lithuania Erucic Acid Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.7 Lithuania Erucic Acid Market Revenues & Volume, By Food emulsifier, 2021-2031F |
6.3 Lithuania Erucic Acid Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Erucic Acid Market Revenues & Volume, By Rapeseed oil, 2021-2031F |
6.3.3 Lithuania Erucic Acid Market Revenues & Volume, By Canola, 2021-2031F |
6.3.4 Lithuania Erucic Acid Market Revenues & Volume, By Tame Mustard, 2021-2031F |
6.3.5 Lithuania Erucic Acid Market Revenues & Volume, By Fish, 2021-2031F |
6.3.6 Lithuania Erucic Acid Market Revenues & Volume, By Others, 2021-2031F |
6.4 Lithuania Erucic Acid Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Erucic Acid Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.3 Lithuania Erucic Acid Market Revenues & Volume, By Printing Ink, 2021-2031F |
6.4.4 Lithuania Erucic Acid Market Revenues & Volume, By Food, 2021-2031F |
6.4.5 Lithuania Erucic Acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.4.6 Lithuania Erucic Acid Market Revenues & Volume, By Rubber, 2021-2031F |
6.4.7 Lithuania Erucic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
7 Lithuania Erucic Acid Market Import-Export Trade Statistics |
7.1 Lithuania Erucic Acid Market Export to Major Countries |
7.2 Lithuania Erucic Acid Market Imports from Major Countries |
8 Lithuania Erucic Acid Market Key Performance Indicators |
8.1 Percentage of erucic acid used in bio-based products |
8.2 Number of research studies on the applications of erucic acid |
8.3 Percentage of companies using erucic acid in their product formulations |
9 Lithuania Erucic Acid Market - Opportunity Assessment |
9.1 Lithuania Erucic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Lithuania Erucic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Lithuania Erucic Acid Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Lithuania Erucic Acid Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Lithuania Erucic Acid Market - Competitive Landscape |
10.1 Lithuania Erucic Acid Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Erucic Acid 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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