| Product Code: ETC5874650 | 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 |
The Lithuania light electric vehicles (LEVs) import market continues to witness significant growth with a high CAGR of 38.85% from 2020 to 2024. However, the growth rate dipped by -24.97% from 2023 to 2024. Top exporting countries to Lithuania in 2024 include Germany, Poland, China, Latvia, and Estonia. Despite a decrease in growth rate, the market concentration remained high in 2024, indicating a competitive landscape among the key exporting nations. This data suggests ongoing shifts and competition within the LEVs import market 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 Light Electric Vehicles (LEVs) Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Lithuania Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Lithuania Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Increasing environmental awareness and focus on sustainability |
4.2.3 Advancements in battery technology and charging infrastructure |
4.3 Market Restraints |
4.3.1 High initial cost of light electric vehicles |
4.3.2 Limited driving range compared to traditional vehicles |
4.3.3 Lack of standardized regulations and policies for electric vehicles |
5 Lithuania Light Electric Vehicles (LEVs) Market Trends |
6 Lithuania Light Electric Vehicles (LEVs) Market Segmentations |
6.1 Lithuania Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.3 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.4 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.5 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Lithuania Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Lithuania Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Lithuania Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Lithuania Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Lithuania Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Lithuania Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Lithuania Light Electric Vehicles (LEVs) Market Key Performance Indicators |
8.1 Average charging time for light electric vehicles |
8.2 Number of public charging stations in Lithuania |
8.3 Percentage of renewable energy sources used for charging light electric vehicles |
9 Lithuania Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Lithuania Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Lithuania Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Lithuania Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Lithuania Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Lithuania Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Light Electric Vehicles (LEVs) 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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