| Product Code: ETC8048600 | 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 |
The import shipments of plant-based oils to Lithuania in 2024 saw a notable increase in concentration, with the top exporting countries being Germany, Italy, Spain, Slovenia, and Netherlands. The Herfindahl-Hirschman Index (HHI) indicated very high concentration levels, reflecting the dominance of these key players in the market. Despite a negative compound annual growth rate (CAGR) of -1.28% from 2020 to 2024, the industry experienced a significant decline in growth rate from 2023 to 2024, dropping by -28.18%. This shift highlights the evolving dynamics of the plant-based oils market 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 Plant-Based Oils Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Plant-Based Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Plant-Based Oils Market - Industry Life Cycle |
3.4 Lithuania Plant-Based Oils Market - Porter's Five Forces |
3.5 Lithuania Plant-Based Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Plant-Based Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Plant-Based Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of plant-based oils |
4.2.2 Growing trend towards vegan and vegetarian diets |
4.2.3 Rising demand for natural and organic products in the market |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in plant-based oils production |
4.3.2 Competition from traditional cooking oils in the market |
4.3.3 Regulatory challenges and changing government policies impacting the industry |
5 Lithuania Plant-Based Oils Market Trends |
6 Lithuania Plant-Based Oils Market, By Types |
6.1 Lithuania Plant-Based Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Plant-Based Oils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Plant-Based Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 Lithuania Plant-Based Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.1.5 Lithuania Plant-Based Oils Market Revenues & Volume, By Cottonseed Oil, 2021- 2031F |
6.1.6 Lithuania Plant-Based Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.1.7 Lithuania Plant-Based Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F |
6.1.8 Lithuania Plant-Based Oils Market Revenues & Volume, By Coconut Oil, 2021- 2031F |
6.2 Lithuania Plant-Based Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Plant-Based Oils Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Lithuania Plant-Based Oils Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Lithuania Plant-Based Oils Market Revenues & Volume, By Biofuel, 2021- 2031F |
6.2.5 Lithuania Plant-Based Oils Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Lithuania Plant-Based Oils Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Plant-Based Oils Market Import-Export Trade Statistics |
7.1 Lithuania Plant-Based Oils Market Export to Major Countries |
7.2 Lithuania Plant-Based Oils Market Imports from Major Countries |
8 Lithuania Plant-Based Oils Market Key Performance Indicators |
8.1 Consumer demand for organic plant-based oils |
8.2 Adoption rate of plant-based oils in foodservice establishments |
8.3 Number of new product launches in the plant-based oils market |
9 Lithuania Plant-Based Oils Market - Opportunity Assessment |
9.1 Lithuania Plant-Based Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Plant-Based Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Plant-Based Oils Market - Competitive Landscape |
10.1 Lithuania Plant-Based Oils Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Plant-Based Oils 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.
To discover high-growth global markets and optimize your business strategy:
Click Here