| Product Code: ETC10934202 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Lithuania saw a steady influx of used and new cars imports, with top exporting countries such as the USA, Germany, and Metropolitan France leading the way. The market remained moderately concentrated, providing opportunities for both established and emerging players. With a strong compound annual growth rate (CAGR) of 15.29% from 2020 to 2024, the automotive import industry in Lithuania is showing resilience and potential for further expansion. Despite a slight growth rate of 0.13% from 2023 to 2024, the overall outlook remains positive for the industry.

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 Used and New Cars Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Used and New Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Used and New Cars Market - Industry Life Cycle |
3.4 Lithuania Used and New Cars Market - Porter's Five Forces |
3.5 Lithuania Used and New Cars Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Lithuania Used and New Cars Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Lithuania Used and New Cars Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Lithuania Used and New Cars Market Revenues & Volume Share, By Body Type, 2021 & 2031F |
3.9 Lithuania Used and New Cars Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Lithuania Used and New Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income levels in Lithuania leading to increased purchasing power for new and used cars. |
4.2.2 Demand for more fuel-efficient and environmentally friendly vehicles driving sales in the market. |
4.2.3 Technological advancements in the automotive industry leading to the availability of more innovative features in cars. |
4.2.4 Increasing urbanization and improved infrastructure in Lithuania boosting the need for personal transportation. |
4.2.5 Favorable financing options and low interest rates making car ownership more accessible to consumers. |
4.3 Market Restraints |
4.3.1 High taxes and import duties on vehicles affecting the affordability of cars in Lithuania. |
4.3.2 Volatility in fuel prices impacting consumer confidence and purchasing decisions. |
4.3.3 Uncertainty in economic conditions leading to fluctuations in consumer spending on big-ticket items like cars. |
4.3.4 Stringent regulations and emission norms increasing the cost of compliance for car manufacturers and buyers. |
4.3.5 Competition from alternative modes of transportation such as public transport and ride-sharing services affecting car sales. |
5 Lithuania Used and New Cars Market Trends |
6 Lithuania Used and New Cars Market, By Types |
6.1 Lithuania Used and New Cars Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Used and New Cars Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Lithuania Used and New Cars Market Revenues & Volume, By New Cars, 2021 - 2031F |
6.1.4 Lithuania Used and New Cars Market Revenues & Volume, By Used Cars, 2021 - 2031F |
6.2 Lithuania Used and New Cars Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Used and New Cars Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.3 Lithuania Used and New Cars Market Revenues & Volume, By Offline, 2021 - 2031F |
6.3 Lithuania Used and New Cars Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Used and New Cars Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.3.3 Lithuania Used and New Cars Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.4 Lithuania Used and New Cars Market, By Body Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Used and New Cars Market Revenues & Volume, By Sedan, 2021 - 2031F |
6.4.3 Lithuania Used and New Cars Market Revenues & Volume, By SUV, 2021 - 2031F |
6.5 Lithuania Used and New Cars Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Used and New Cars Market Revenues & Volume, By Budget, 2021 - 2031F |
6.5.3 Lithuania Used and New Cars Market Revenues & Volume, By Premium, 2021 - 2031F |
7 Lithuania Used and New Cars Market Import-Export Trade Statistics |
7.1 Lithuania Used and New Cars Market Export to Major Countries |
7.2 Lithuania Used and New Cars Market Imports from Major Countries |
8 Lithuania Used and New Cars Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Lithuania. |
8.2 Adoption rate of electric or hybrid vehicles in the market. |
8.3 Number of new car registrations per capita. |
8.4 Consumer interest and engagement in online car marketplaces. |
8.5 Rate of adoption of connected car technologies in Lithuania. |
9 Lithuania Used and New Cars Market - Opportunity Assessment |
9.1 Lithuania Used and New Cars Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Lithuania Used and New Cars Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Lithuania Used and New Cars Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Lithuania Used and New Cars Market Opportunity Assessment, By Body Type, 2021 & 2031F |
9.5 Lithuania Used and New Cars Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Lithuania Used and New Cars Market - Competitive Landscape |
10.1 Lithuania Used and New Cars Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Used and New Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |