| Product Code: ETC8047835 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania saw a significant decline in the growth rate of passenger cars imports, with a -29.65% change from the previous year. Despite this, the market remained moderately concentrated with top exporting countries including Latvia, Czechia, Germany, Estonia, and Finland. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.69%, indicating steady growth in the import shipments of passenger cars into Lithuania. It will be interesting to monitor how these trends evolve in the coming years and what factors may influence the market dynamics further.

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 Passenger Cars Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Passenger Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Passenger Cars Market - Industry Life Cycle |
3.4 Lithuania Passenger Cars Market - Porter's Five Forces |
3.5 Lithuania Passenger Cars Market Revenues & Volume Share, By Vehicle Configuration, 2021 & 2031F |
3.6 Lithuania Passenger Cars Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
4 Lithuania Passenger Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income levels in Lithuania |
4.2.2 Increasing urbanization leading to higher demand for personal transportation |
4.2.3 Technological advancements in passenger car manufacturing leading to more efficient and appealing vehicles |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting purchasing power of consumers |
4.3.2 Stringent government regulations related to emissions and safety standards |
4.3.3 Competition from alternative modes of transportation such as public transport and ride-sharing services |
5 Lithuania Passenger Cars Market Trends |
6 Lithuania Passenger Cars Market, By Types |
6.1 Lithuania Passenger Cars Market, By Vehicle Configuration |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Passenger Cars Market Revenues & Volume, By Vehicle Configuration, 2021- 2031F |
6.1.3 Lithuania Passenger Cars Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2 Lithuania Passenger Cars Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Passenger Cars Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2.3 Lithuania Passenger Cars Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.2.4 Lithuania Passenger Cars Market Revenues & Volume, By ICE, 2021- 2031F |
7 Lithuania Passenger Cars Market Import-Export Trade Statistics |
7.1 Lithuania Passenger Cars Market Export to Major Countries |
7.2 Lithuania Passenger Cars Market Imports from Major Countries |
8 Lithuania Passenger Cars Market Key Performance Indicators |
8.1 Average age of passenger cars in Lithuania |
8.2 Percentage of hybrid or electric cars in the market |
8.3 Number of new car registrations in urban areas vs rural areas |
9 Lithuania Passenger Cars Market - Opportunity Assessment |
9.1 Lithuania Passenger Cars Market Opportunity Assessment, By Vehicle Configuration, 2021 & 2031F |
9.2 Lithuania Passenger Cars Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
10 Lithuania Passenger Cars Market - Competitive Landscape |
10.1 Lithuania Passenger Cars Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Passenger Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |