| Product Code: ETC4675807 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s sardine import shipments in 2024 continued to be dominated by key exporters such as Latvia, Morocco, Portugal, Czechia, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 0.35% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -13.07%. This suggests a potential slowdown in sardine imports for Lithuania in the most recent period, prompting a need for further analysis and strategic planning in the market.

The Sardine market in Lithuania is projected to grow at a stable growth rate of 1.99% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Sardine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Sardine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Sardine Market - Industry Life Cycle |
3.4 Lithuania Sardine Market - Porter's Five Forces |
3.5 Lithuania Sardine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Sardine Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Lithuania Sardine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Lithuania Sardine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Sardine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Sardine Market Trends |
6 Lithuania Sardine Market Segmentations |
6.1 Lithuania Sardine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Sardine Market Revenues & Volume, By Fresh Sardine, 2021-2031F |
6.1.3 Lithuania Sardine Market Revenues & Volume, By Frozen Sardine, 2021-2031F |
6.1.4 Lithuania Sardine Market Revenues & Volume, By Canned Sardine, 2021-2031F |
6.1.5 Lithuania Sardine Market Revenues & Volume, By Sardine Meals, 2021-2031F |
6.2 Lithuania Sardine Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Sardine Market Revenues & Volume, By Sardinops Caeruleus, 2021-2031F |
6.2.3 Lithuania Sardine Market Revenues & Volume, By Sardinella Longiceps, 2021-2031F |
6.2.4 Lithuania Sardine Market Revenues & Volume, By Sardinella Gibbosa, 2021-2031F |
6.2.5 Lithuania Sardine Market Revenues & Volume, By Sardinella Aurita, 2021-2031F |
6.2.6 Lithuania Sardine Market Revenues & Volume, By Sardina Pilchardus, 2021-2031F |
6.2.7 Lithuania Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.3 Lithuania Sardine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Sardine Market Revenues & Volume, By Food Processing, 2021-2031F |
6.3.3 Lithuania Sardine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Lithuania Sardine Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.5 Lithuania Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.4 Lithuania Sardine Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Sardine Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Lithuania Sardine Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Lithuania Sardine Market Import-Export Trade Statistics |
7.1 Lithuania Sardine Market Export to Major Countries |
7.2 Lithuania Sardine Market Imports from Major Countries |
8 Lithuania Sardine Market Key Performance Indicators |
9 Lithuania Sardine Market - Opportunity Assessment |
9.1 Lithuania Sardine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Sardine Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Lithuania Sardine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Lithuania Sardine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Sardine Market - Competitive Landscape |
10.1 Lithuania Sardine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Sardine 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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