| Product Code: ETC8045910 | 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`s munition import shipments continued to show a high concentration, with top exporters being the USA, Italy, Germany, Canada, and Latvia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating limited competition within the market. The compound annual growth rate (CAGR) between 2020 and 2024 stood at a solid 7.59%, showcasing sustained growth in the industry. Moreover, the growth rate from 2023 to 2024 surged to 8.77%, indicating a significant uptick in import volumes. This data suggests a robust and dynamic market for munitions 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 Munition Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Munition Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Munition Market - Industry Life Cycle |
3.4 Lithuania Munition Market - Porter's Five Forces |
3.5 Lithuania Munition Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Lithuania Munition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.7 Lithuania Munition Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Lithuania Munition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.9 Lithuania Munition Market Revenues & Volume Share, By Guidance, 2021 & 2031F |
3.10 Lithuania Munition Market Revenues & Volume Share, By Lethality, 2021 & 2031F |
4 Lithuania Munition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget in Lithuania |
4.2.2 Growing geopolitical tensions in the region |
4.2.3 Modernization and upgrade of military equipment |
4.2.4 Rising focus on national security |
4.2.5 Technological advancements in munitions production |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms trade and exports |
4.3.2 Volatility in raw material prices |
4.3.3 Competition from international munition manufacturers |
4.3.4 Limited domestic production capacity |
4.3.5 Export restrictions and sanctions affecting trade |
5 Lithuania Munition Market Trends |
6 Lithuania Munition Market, By Types |
6.1 Lithuania Munition Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Munition Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Lithuania Munition Market Revenues & Volume, By Defense, 2021- 2031F |
6.1.4 Lithuania Munition Market Revenues & Volume, By Civil, 2021- 2031F |
6.1.5 Lithuania Munition Market Revenues & Volume, By Coomercial, 2021- 2031F |
6.2 Lithuania Munition Market, By Caliber |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Munition Market Revenues & Volume, By Small, 2021- 2031F |
6.2.3 Lithuania Munition Market Revenues & Volume, By Medium, 2021- 2031F |
6.2.4 Lithuania Munition Market Revenues & Volume, By Large, 2021- 2031F |
6.2.5 Lithuania Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Lithuania Munition Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Munition Market Revenues & Volume, By Fuzes & Primers, 2021- 2031F |
6.3.3 Lithuania Munition Market Revenues & Volume, By Propellants, 2021- 2031F |
6.3.4 Lithuania Munition Market Revenues & Volume, By Bases, 2021- 2031F |
6.3.5 Lithuania Munition Market Revenues & Volume, By Projectiles and Warheads, 2021- 2031F |
6.3.6 Lithuania Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Lithuania Munition Market, By Product |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Munition Market Revenues & Volume, By Bullets, 2021- 2031F |
6.4.3 Lithuania Munition Market Revenues & Volume, By Aerial Bombs, 2021- 2031F |
6.4.4 Lithuania Munition Market Revenues & Volume, By Grenades, 2021- 2031F |
6.4.5 Lithuania Munition Market Revenues & Volume, By Artillery Shells, 2021- 2031F |
6.4.6 Lithuania Munition Market Revenues & Volume, By Mortars, 2021- 2031F |
6.5 Lithuania Munition Market, By Guidance |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Munition Market Revenues & Volume, By Non-guided, 2021- 2031F |
6.5.3 Lithuania Munition Market Revenues & Volume, By Guided, 2021- 2031F |
6.6 Lithuania Munition Market, By Lethality |
6.6.1 Overview and Analysis |
6.6.2 Lithuania Munition Market Revenues & Volume, By Lethal, 2021- 2031F |
6.6.3 Lithuania Munition Market Revenues & Volume, By Less-Lethal, 2021- 2031F |
7 Lithuania Munition Market Import-Export Trade Statistics |
7.1 Lithuania Munition Market Export to Major Countries |
7.2 Lithuania Munition Market Imports from Major Countries |
8 Lithuania Munition Market Key Performance Indicators |
8.1 Research and development investment in munitions technology |
8.2 Number of successful government contracts awarded for munition supply |
8.3 Rate of adoption of advanced munitions by the Lithuanian armed forces |
8.4 Percentage of defense budget allocated to munition procurement |
8.5 Level of collaboration with international defense partners on munition development |
9 Lithuania Munition Market - Opportunity Assessment |
9.1 Lithuania Munition Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Lithuania Munition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.3 Lithuania Munition Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Lithuania Munition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.5 Lithuania Munition Market Opportunity Assessment, By Guidance, 2021 & 2031F |
9.6 Lithuania Munition Market Opportunity Assessment, By Lethality, 2021 & 2031F |
10 Lithuania Munition Market - Competitive Landscape |
10.1 Lithuania Munition Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Munition 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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