| Product Code: ETC5121623 | 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 |
Lithuania`s import shipments of floating wind power saw significant growth in 2024, with top exporters including Germany, India, Austria, Czechia, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 48.22% from 2020 to 2024 highlights the increasing demand for floating wind power technology in Lithuania. Furthermore, the growth rate of 40.94% from 2023 to 2024 demonstrates a continued upward trend in the import of this renewable energy source, showcasing the country`s commitment to sustainability and clean energy initiatives.

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 Floating Wind Power Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Floating Wind Power Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Floating Wind Power Market - Industry Life Cycle |
3.4 Lithuania Floating Wind Power Market - Porter's Five Forces |
3.5 Lithuania Floating Wind Power Market Revenues & Volume Share, By Water Depth, 2021 & 2031F |
3.6 Lithuania Floating Wind Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Lithuania Floating Wind Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Lithuania |
4.2.2 Favorable government policies and incentives for floating wind power projects |
4.2.3 Growing demand for clean energy solutions to reduce carbon footprint |
4.3 Market Restraints |
4.3.1 High initial investment costs for floating wind power projects |
4.3.2 Technological challenges and complexities associated with offshore wind installations |
5 Lithuania Floating Wind Power Market Trends |
6 Lithuania Floating Wind Power Market Segmentations |
6.1 Lithuania Floating Wind Power Market, By Water Depth |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Floating Wind Power Market Revenues & Volume, By Shallow Water (< 30m Depth), 2021-2031F |
6.1.3 Lithuania Floating Wind Power Market Revenues & Volume, By Transitional Water (30m - 60m Depth), 2021-2031F |
6.1.4 Lithuania Floating Wind Power Market Revenues & Volume, By Deep Water (> 60m Depth), 2021-2031F |
6.2 Lithuania Floating Wind Power Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Floating Wind Power Market Revenues & Volume, By Up to 3 MW, 2021-2031F |
6.2.3 Lithuania Floating Wind Power Market Revenues & Volume, By 3 MW to 5 MW, 2021-2031F |
6.2.4 Lithuania Floating Wind Power Market Revenues & Volume, By Above 5 MW, 2021-2031F |
7 Lithuania Floating Wind Power Market Import-Export Trade Statistics |
7.1 Lithuania Floating Wind Power Market Export to Major Countries |
7.2 Lithuania Floating Wind Power Market Imports from Major Countries |
8 Lithuania Floating Wind Power Market Key Performance Indicators |
8.1 Average capacity utilization rate of floating wind power projects |
8.2 Levelized cost of electricity (LCOE) for floating wind power in Lithuania |
8.3 Number of new floating wind power projects approved and initiated in the market |
9 Lithuania Floating Wind Power Market - Opportunity Assessment |
9.1 Lithuania Floating Wind Power Market Opportunity Assessment, By Water Depth, 2021 & 2031F |
9.2 Lithuania Floating Wind Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Lithuania Floating Wind Power Market - Competitive Landscape |
10.1 Lithuania Floating Wind Power Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Floating Wind Power 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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