| Product Code: ETC8043795 | 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`s LNG import shipments continued to show high concentration, with the top exporting countries being the USA, Norway (excluding Svalbard and Jan Mayen), Trinidad and Tobago, Nigeria, and Russia. The high Herfindahl-Hirschman Index (HHI) indicates significant market dominance. Despite a remarkable compound annual growth rate (CAGR) of 42.04% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -40.54%. This suggests a potential shift or challenge in the market dynamics that may have impacted the import trends for LNG 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 LNG Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania LNG Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania LNG Market - Industry Life Cycle |
3.4 Lithuania LNG Market - Porter's Five Forces |
3.5 Lithuania LNG Market Revenues & Volume Share, By LNG Infrastructure, 2021 & 2031F |
3.6 Lithuania LNG Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania LNG Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cleaner energy sources |
4.2.2 Government initiatives to reduce reliance on traditional fossil fuels |
4.2.3 Growing investments in LNG infrastructure and terminals |
4.3 Market Restraints |
4.3.1 High initial investment costs in LNG infrastructure |
4.3.2 Volatility in global LNG prices |
4.3.3 Competition from other alternative energy sources |
5 Lithuania LNG Market Trends |
6 Lithuania LNG Market, By Types |
6.1 Lithuania LNG Market, By LNG Infrastructure |
6.1.1 Overview and Analysis |
6.1.2 Lithuania LNG Market Revenues & Volume, By LNG Infrastructure, 2021- 2031F |
6.1.3 Lithuania LNG Market Revenues & Volume, By LNG Liquefaction Plants, 2021- 2031F |
6.1.4 Lithuania LNG Market Revenues & Volume, By LNG Regasification Facilities, 2021- 2031F |
6.1.5 Lithuania LNG Market Revenues & Volume, By LNG Shipping, 2021- 2031F |
6.2 Lithuania LNG Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania LNG Market Revenues & Volume, By Transportation Fuel, 2021- 2031F |
6.2.3 Lithuania LNG Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.2.4 Lithuania LNG Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Lithuania LNG Market Import-Export Trade Statistics |
7.1 Lithuania LNG Market Export to Major Countries |
7.2 Lithuania LNG Market Imports from Major Countries |
8 Lithuania LNG Market Key Performance Indicators |
8.1 LNG storage capacity utilization rate |
8.2 Number of LNG import terminals in Lithuania |
8.3 Percentage of energy generated from LNG compared to other sources |
9 Lithuania LNG Market - Opportunity Assessment |
9.1 Lithuania LNG Market Opportunity Assessment, By LNG Infrastructure, 2021 & 2031F |
9.2 Lithuania LNG Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania LNG Market - Competitive Landscape |
10.1 Lithuania LNG Market Revenue Share, By Companies, 2024 |
10.2 Lithuania LNG 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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