| Product Code: ETC5789530 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s subsea pumps import market in 2024 saw top shipments coming from leading countries like Germany, Italy, Netherlands, Poland, and the USA. Despite a low Herfindahl-Hirschman Index (HHI) indicating low concentration, the market experienced a negative compound annual growth rate (CAGR) of -8.4% from 2020 to 2024. The growth rate further declined by -19.7% from 2023 to 2024, reflecting a challenging environment for subsea pump imports in Lithuania. Monitoring market dynamics and exploring strategies for sustainable growth will be crucial for stakeholders in this sector.

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 Subsea Pumps Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Subsea Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Subsea Pumps Market - Industry Life Cycle |
3.4 Lithuania Subsea Pumps Market - Porter's Five Forces |
3.5 Lithuania Subsea Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Subsea Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Subsea Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing offshore oil and gas exploration activities in Lithuania |
4.2.2 Growing demand for renewable energy sources such as offshore wind farms |
4.2.3 Technological advancements in subsea pump systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for subsea pump installations |
4.3.2 Stringent regulatory requirements for offshore projects |
4.3.3 Volatility in global oil and gas prices affecting project viability |
5 Lithuania Subsea Pumps Market Trends |
6 Lithuania Subsea Pumps Market Segmentations |
6.1 Lithuania Subsea Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Subsea Pumps Market Revenues & Volume, By Helico-Axial, 2021-2031F |
6.1.3 Lithuania Subsea Pumps Market Revenues & Volume, By ESP, 2021-2031F |
6.1.4 Lithuania Subsea Pumps Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.1.5 Lithuania Subsea Pumps Market Revenues & Volume, By Twin-Screw, 2021-2031F |
6.1.6 Lithuania Subsea Pumps Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.7 Lithuania Subsea Pumps Market Revenues & Volume, By Counter-Axial, 2021-2031F |
6.2 Lithuania Subsea Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Subsea Pumps Market Revenues & Volume, By Subsea Boosting, 2021-2031F |
6.2.3 Lithuania Subsea Pumps Market Revenues & Volume, By Subsea Injection, 2021-2031F |
6.2.4 Lithuania Subsea Pumps Market Revenues & Volume, By Subsea Separation, 2021-2031F |
6.2.5 Lithuania Subsea Pumps Market Revenues & Volume, By Subsea Gas Compression, 2021-2031F |
7 Lithuania Subsea Pumps Market Import-Export Trade Statistics |
7.1 Lithuania Subsea Pumps Market Export to Major Countries |
7.2 Lithuania Subsea Pumps Market Imports from Major Countries |
8 Lithuania Subsea Pumps Market Key Performance Indicators |
8.1 Average installation time for subsea pumps |
8.2 Number of new offshore projects in Lithuania |
8.3 Maintenance cost reduction percentage |
8.4 Efficiency improvement in subsea pump systems |
8.5 Number of collaborations with technology providers for subsea pump innovations |
9 Lithuania Subsea Pumps Market - Opportunity Assessment |
9.1 Lithuania Subsea Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Subsea Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Subsea Pumps Market - Competitive Landscape |
10.1 Lithuania Subsea Pumps Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Subsea Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |