| Product Code: ETC8044251 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to rely on liquefied natural gas (LNG) imports as a crucial fuel source, with top suppliers being the USA, Norway, Trinidad and Tobago, Nigeria, and Russia. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the impressive compound annual growth rate (CAGR) of 42.04% from 2020 to 2024 highlights the increasing demand for LNG in the country. However, the negative growth rate of -40.54% in 2024 compared to the previous year suggests a potential slowdown or shift in the market dynamics that should be closely monitored by industry players and stakeholders.

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 Liquefied Natural Gas (LNG) as a Fuel Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market - Industry Life Cycle |
3.4 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market - Porter's Five Forces |
3.5 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental concerns and regulations promoting the use of cleaner fuels |
4.2.2 Growing focus on energy diversification and reducing dependency on traditional fossil fuels |
4.2.3 Government initiatives and incentives to promote the adoption of LNG as a fuel |
4.3 Market Restraints |
4.3.1 High initial investment and infrastructure costs for setting up LNG fueling stations |
4.3.2 Limited availability and accessibility of LNG infrastructure in Lithuania |
4.3.3 Fluctuating global LNG prices impacting the cost-effectiveness of LNG as a fuel option |
5 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Trends |
6 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market, By Types |
6.1 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.1.4 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Transportation, 2021- 2031F |
7 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Import-Export Trade Statistics |
7.1 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Export to Major Countries |
7.2 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Imports from Major Countries |
8 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Key Performance Indicators |
8.1 Number of new LNG fueling stations opened in Lithuania |
8.2 Percentage increase in LNG-powered vehicles in the country |
8.3 Average cost per unit of LNG fuel in comparison to traditional fuels |
9 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market - Opportunity Assessment |
9.1 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market - Competitive Landscape |
10.1 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Liquefied Natural Gas (LNG) as a Fuel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |