| Product Code: ETC8048651 | 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 plastic component import shipments to Lithuania in 2024 were predominantly sourced from Poland, Czechia, Germany, Austria, and Italy, indicating a consistent reliance on these key markets. The high Herfindahl-Hirschman Index (HHI) suggests significant market concentration, potentially limiting competition. Despite a modest compound annual growth rate (CAGR) of 0.75% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -7.13%, reflecting a challenging year for the industry. Ongoing monitoring of market dynamics and competition will be crucial for stakeholders in the plastic components sector 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 Plastic Component Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Plastic Component Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Plastic Component Market - Industry Life Cycle |
3.4 Lithuania Plastic Component Market - Porter's Five Forces |
3.5 Lithuania Plastic Component Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.6 Lithuania Plastic Component Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Lithuania Plastic Component Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Lithuania Plastic Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable plastic components in various industries such as automotive, electronics, and packaging. |
4.2.2 Growing focus on sustainability and environmental concerns leading to a shift towards recyclable and eco-friendly plastic components. |
4.2.3 Technological advancements in the plastic manufacturing industry, leading to the development of innovative and high-performance plastic components. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in plastic component manufacturing impacting overall production costs. |
4.3.2 Strict regulations and standards related to plastic waste management and recycling posing challenges for the industry. |
4.3.3 Intense competition from alternative materials such as metal, glass, and composites affecting the market share of plastic components. |
5 Lithuania Plastic Component Market Trends |
6 Lithuania Plastic Component Market, By Types |
6.1 Lithuania Plastic Component Market, By Component Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Plastic Component Market Revenues & Volume, By Component Type, 2021- 2031F |
6.1.3 Lithuania Plastic Component Market Revenues & Volume, By Engine Covers, 2021- 2031F |
6.1.4 Lithuania Plastic Component Market Revenues & Volume, By Transmission Covers, 2021- 2031F |
6.1.5 Lithuania Plastic Component Market Revenues & Volume, By Intake Air Modules, 2021- 2031F |
6.1.6 Lithuania Plastic Component Market Revenues & Volume, By Oil Pan Modules, 2021- 2031F |
6.1.7 Lithuania Plastic Component Market Revenues & Volume, By Cam Cover Modules, 2021- 2031F |
6.1.8 Lithuania Plastic Component Market Revenues & Volume, By Cluster Panels/Dashboard, 2021- 2031F |
6.2 Lithuania Plastic Component Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Plastic Component Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021- 2031F |
6.2.3 Lithuania Plastic Component Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.2.4 Lithuania Plastic Component Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.2.5 Lithuania Plastic Component Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.2.6 Lithuania Plastic Component Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.2.7 Lithuania Plastic Component Market Revenues & Volume, By Acrylonitrile butadiene styrene (ABS), 2021- 2031F |
6.2.8 Lithuania Plastic Component Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Lithuania Plastic Component Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Lithuania Plastic Component Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Plastic Component Market Revenues & Volume, By Tractors, 2021- 2031F |
6.3.3 Lithuania Plastic Component Market Revenues & Volume, By Loaders, 2021- 2031F |
6.3.4 Lithuania Plastic Component Market Revenues & Volume, By Scrapers, 2021- 2031F |
6.3.5 Lithuania Plastic Component Market Revenues & Volume, By Excavators, 2021- 2031F |
6.3.6 Lithuania Plastic Component Market Revenues & Volume, By Trucks, 2021- 2031F |
6.3.7 Lithuania Plastic Component Market Revenues & Volume, By Combine Harvester, 2021- 2031F |
7 Lithuania Plastic Component Market Import-Export Trade Statistics |
7.1 Lithuania Plastic Component Market Export to Major Countries |
7.2 Lithuania Plastic Component Market Imports from Major Countries |
8 Lithuania Plastic Component Market Key Performance Indicators |
8.1 Percentage of recycled materials used in plastic component production. |
8.2 Rate of adoption of new plastic manufacturing technologies. |
8.3 Number of new product innovations in the plastic component market. |
8.4 Customer satisfaction levels with the quality and performance of plastic components. |
8.5 Percentage of market growth attributed to the penetration of plastic components in new industries or applications. |
9 Lithuania Plastic Component Market - Opportunity Assessment |
9.1 Lithuania Plastic Component Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.2 Lithuania Plastic Component Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Lithuania Plastic Component Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Lithuania Plastic Component Market - Competitive Landscape |
10.1 Lithuania Plastic Component Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Plastic Component 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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