| Product Code: ETC8044177 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to see a steady flow of light vehicle imports, with key trading partners including Latvia, Czechia, Germany, Estonia, and Finland. The market exhibited moderate concentration levels, indicating a competitive landscape. Despite a healthy compound annual growth rate (CAGR) of 5.69% from 2020 to 2024, there was a notable decline in growth from 2023 to 2024 at -29.65%. This fluctuation suggests potential shifts in consumer demand or external factors impacting the import market for light vehicles 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 Vehicles Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Light Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Light Vehicles Market - Industry Life Cycle |
3.4 Lithuania Light Vehicles Market - Porter's Five Forces |
3.5 Lithuania Light Vehicles Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Lithuania Light Vehicles Market Revenues & Volume Share, By Transmission, 2021 & 2031F |
3.7 Lithuania Light Vehicles Market Revenues & Volume Share, By Drivetrain, 2021 & 2031F |
3.8 Lithuania Light Vehicles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Lithuania Light Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population in Lithuania |
4.2.2 Growing demand for fuel-efficient and environmentally friendly vehicles |
4.2.3 Government incentives and subsidies for the purchase of electric vehicles |
4.3 Market Restraints |
4.3.1 High import duties on vehicles affecting pricing and affordability |
4.3.2 Limited charging infrastructure for electric vehicles in Lithuania |
4.3.3 Economic uncertainty and fluctuations impacting consumer purchasing power |
5 Lithuania Light Vehicles Market Trends |
6 Lithuania Light Vehicles Market, By Types |
6.1 Lithuania Light Vehicles Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Light Vehicles Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Lithuania Light Vehicles Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.4 Lithuania Light Vehicles Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.1.5 Lithuania Light Vehicles Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.1.6 Lithuania Light Vehicles Market Revenues & Volume, By Electric, 2021- 2031F |
6.2 Lithuania Light Vehicles Market, By Transmission |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Light Vehicles Market Revenues & Volume, By Manual, 2021- 2031F |
6.2.3 Lithuania Light Vehicles Market Revenues & Volume, By Automatic, 2021- 2031F |
6.3 Lithuania Light Vehicles Market, By Drivetrain |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Light Vehicles Market Revenues & Volume, By Front Wheel Drive (FWD), 2021- 2031F |
6.3.3 Lithuania Light Vehicles Market Revenues & Volume, By Rear Wheel Drive (RWD), 2021- 2031F |
6.3.4 Lithuania Light Vehicles Market Revenues & Volume, By Four Wheel Drive (4WD), 2021- 2031F |
6.3.5 Lithuania Light Vehicles Market Revenues & Volume, By All-Wheel Drive (AWD), 2021- 2031F |
6.4 Lithuania Light Vehicles Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Light Vehicles Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.4.3 Lithuania Light Vehicles Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
7 Lithuania Light Vehicles Market Import-Export Trade Statistics |
7.1 Lithuania Light Vehicles Market Export to Major Countries |
7.2 Lithuania Light Vehicles Market Imports from Major Countries |
8 Lithuania Light Vehicles Market Key Performance Indicators |
8.1 Average age of vehicles in Lithuania |
8.2 Number of charging stations per capita |
8.3 Percentage of new vehicle registrations that are electric vehicles |
9 Lithuania Light Vehicles Market - Opportunity Assessment |
9.1 Lithuania Light Vehicles Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Lithuania Light Vehicles Market Opportunity Assessment, By Transmission, 2021 & 2031F |
9.3 Lithuania Light Vehicles Market Opportunity Assessment, By Drivetrain, 2021 & 2031F |
9.4 Lithuania Light Vehicles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Lithuania Light Vehicles Market - Competitive Landscape |
10.1 Lithuania Light Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Light Vehicles 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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