| Product Code: ETC8036577 | 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 continued to see significant import shipments of CBD oil extract, with top exporters including Germany, Italy, Spain, Netherlands, and Sweden. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a negative Compound Annual Growth Rate (CAGR) of -1.11% from 2020 to 2024. The growth rate from 2023 to 2024 also declined sharply by -29.11%, reflecting potential challenges in the market. Monitoring these trends can provide valuable insights for stakeholders in the CBD oil extract industry 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 Cannabidiol (CBD) Oil Extract Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Cannabidiol (CBD) Oil Extract Market - Industry Life Cycle |
3.4 Lithuania Cannabidiol (CBD) Oil Extract Market - Porter's Five Forces |
3.5 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.6 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume Share, By Extract Type, 2021 & 2031F |
3.7 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume Share, By Extraction Method, 2021 & 2031F |
3.8 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Lithuania Cannabidiol (CBD) Oil Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the potential health benefits of CBD oil |
4.2.2 Growing acceptance of CBD products for medical and wellness purposes |
4.2.3 Favorable government regulations supporting the use of CBD products |
4.3 Market Restraints |
4.3.1 Lack of clear regulations around CBD oil production and distribution |
4.3.2 Limited understanding among consumers about the difference between CBD and THC |
4.3.3 Concerns about the quality and consistency of CBD oil products in the market |
5 Lithuania Cannabidiol (CBD) Oil Extract Market Trends |
6 Lithuania Cannabidiol (CBD) Oil Extract Market, By Types |
6.1 Lithuania Cannabidiol (CBD) Oil Extract Market, By Source Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Source Type, 2021- 2031F |
6.1.3 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Hemp, 2021- 2031F |
6.1.4 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.2 Lithuania Cannabidiol (CBD) Oil Extract Market, By Extract Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Full Spectrum Extracts, 2021- 2031F |
6.2.3 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Cannabis Isolates, 2021- 2031F |
6.3 Lithuania Cannabidiol (CBD) Oil Extract Market, By Extraction Method |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Solvent Based, 2021- 2031F |
6.3.3 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Non-Solvent Based, 2021- 2031F |
6.4 Lithuania Cannabidiol (CBD) Oil Extract Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By B2B, 2021- 2031F |
6.4.3 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By B2C, 2021- 2031F |
6.5 Lithuania Cannabidiol (CBD) Oil Extract Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Medical, 2021- 2031F |
6.5.3 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Personal use, 2021- 2031F |
6.5.4 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.5.5 Lithuania Cannabidiol (CBD) Oil Extract Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Lithuania Cannabidiol (CBD) Oil Extract Market Import-Export Trade Statistics |
7.1 Lithuania Cannabidiol (CBD) Oil Extract Market Export to Major Countries |
7.2 Lithuania Cannabidiol (CBD) Oil Extract Market Imports from Major Countries |
8 Lithuania Cannabidiol (CBD) Oil Extract Market Key Performance Indicators |
8.1 Number of scientific studies published on the health benefits of CBD oil |
8.2 Percentage of healthcare professionals recommending CBD oil to patients |
8.3 Rate of adoption of CBD products in various industries (cosmetics, food and beverage, pharmaceuticals) |
8.4 Average customer satisfaction score for CBD oil products |
8.5 Number of new entrants in the CBD oil market |
9 Lithuania Cannabidiol (CBD) Oil Extract Market - Opportunity Assessment |
9.1 Lithuania Cannabidiol (CBD) Oil Extract Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.2 Lithuania Cannabidiol (CBD) Oil Extract Market Opportunity Assessment, By Extract Type, 2021 & 2031F |
9.3 Lithuania Cannabidiol (CBD) Oil Extract Market Opportunity Assessment, By Extraction Method, 2021 & 2031F |
9.4 Lithuania Cannabidiol (CBD) Oil Extract Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Lithuania Cannabidiol (CBD) Oil Extract Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Lithuania Cannabidiol (CBD) Oil Extract Market - Competitive Landscape |
10.1 Lithuania Cannabidiol (CBD) Oil Extract Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Cannabidiol (CBD) Oil Extract 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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