| Product Code: ETC8042570 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of hemp-based products in Lithuania continued to show steady growth in 2024, with Poland, Latvia, and India emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration in the market. The compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 9.43%, reflecting a sustained upward trend in demand. Additionally, the growth rate from 2023 to 2024 was recorded at 3.82%, indicating a continued expansion of the market for hemp-based products 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 Hemp-Based Products Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Hemp-Based Products Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Hemp-Based Products Market - Industry Life Cycle |
3.4 Lithuania Hemp-Based Products Market - Porter's Five Forces |
3.5 Lithuania Hemp-Based Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Hemp-Based Products Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.7 Lithuania Hemp-Based Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Lithuania Hemp-Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of the benefits of hemp-based products in Lithuania |
4.2.2 Growing demand for natural and organic products in the market |
4.2.3 Favorable government regulations and policies supporting the hemp industry |
4.3 Market Restraints |
4.3.1 Limited consumer knowledge about hemp-based products and their uses |
4.3.2 Challenges in sourcing high-quality hemp raw materials locally |
4.3.3 Regulatory uncertainties and restrictions related to hemp cultivation and processing |
5 Lithuania Hemp-Based Products Market Trends |
6 Lithuania Hemp-Based Products Market, By Types |
6.1 Lithuania Hemp-Based Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Hemp-Based Products Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Hemp-Based Products Market Revenues & Volume, By Food Products, 2021- 2031F |
6.1.4 Lithuania Hemp-Based Products Market Revenues & Volume, By Hemp CBD, 2021- 2031F |
6.1.5 Lithuania Hemp-Based Products Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.1.6 Lithuania Hemp-Based Products Market Revenues & Volume, By Industrial Products, 2021- 2031F |
6.1.7 Lithuania Hemp-Based Products Market Revenues & Volume, By Food Supplements, 2021- 2031F |
6.1.8 Lithuania Hemp-Based Products Market Revenues & Volume, By Consumer Textiles, 2021- 2031F |
6.2 Lithuania Hemp-Based Products Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Hemp-Based Products Market Revenues & Volume, By Under US$ 50, 2021- 2031F |
6.2.3 Lithuania Hemp-Based Products Market Revenues & Volume, By US$ 50 - US$ 100, 2021- 2031F |
6.2.4 Lithuania Hemp-Based Products Market Revenues & Volume, By US$ 101 - US$ 200, 2021- 2031F |
6.2.5 Lithuania Hemp-Based Products Market Revenues & Volume, By Above US$ 200, 2021- 2031F |
6.3 Lithuania Hemp-Based Products Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Hemp-Based Products Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Lithuania Hemp-Based Products Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Lithuania Hemp-Based Products Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Lithuania Hemp-Based Products Market Import-Export Trade Statistics |
7.1 Lithuania Hemp-Based Products Market Export to Major Countries |
7.2 Lithuania Hemp-Based Products Market Imports from Major Countries |
8 Lithuania Hemp-Based Products Market Key Performance Indicators |
8.1 Number of new hemp-based product launches in the Lithuanian market |
8.2 Percentage increase in the number of retailers carrying hemp-based products |
8.3 Growth in the number of hemp cultivation licenses issued in Lithuania |
9 Lithuania Hemp-Based Products Market - Opportunity Assessment |
9.1 Lithuania Hemp-Based Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Hemp-Based Products Market Opportunity Assessment, By Price, 2021 & 2031F |
9.3 Lithuania Hemp-Based Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Lithuania Hemp-Based Products Market - Competitive Landscape |
10.1 Lithuania Hemp-Based Products Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Hemp-Based Products 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