| Product Code: ETC8053839 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to see significant import shipments of vermouth, with top exporting countries being Italy, Germany, Spain, and others in Europe. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-24 remained strong at 8.79%. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a market dominated by a few key players, suggesting potential opportunities for further market expansion and competition in the vermouth sector 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 Vermouth Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Vermouth Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Vermouth Market - Industry Life Cycle |
3.4 Lithuania Vermouth Market - Porter's Five Forces |
3.5 Lithuania Vermouth Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Vermouth Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Vermouth Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in craft and artisanal beverages |
4.2.2 Growing popularity of cocktail culture in Lithuania |
4.2.3 Rising disposable income leading to higher spending on premium alcoholic beverages |
4.3 Market Restraints |
4.3.1 Stringent regulations and taxes on alcohol production and sales |
4.3.2 Competition from other alcoholic beverages like wine and beer in the market |
5 Lithuania Vermouth Market Trends |
6 Lithuania Vermouth Market, By Types |
6.1 Lithuania Vermouth Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Vermouth Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Vermouth Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.1.4 Lithuania Vermouth Market Revenues & Volume, By Specialist Retailers, 2021- 2031F |
6.1.5 Lithuania Vermouth Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.1.6 Lithuania Vermouth Market Revenues & Volume, By Online, 2021- 2031F |
6.2 Lithuania Vermouth Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Vermouth Market Revenues & Volume, By Sweet Vermouth, 2021- 2031F |
6.2.3 Lithuania Vermouth Market Revenues & Volume, By Dry Vermouth, 2021- 2031F |
6.2.4 Lithuania Vermouth Market Revenues & Volume, By Bianco Vermouth, 2021- 2031F |
7 Lithuania Vermouth Market Import-Export Trade Statistics |
7.1 Lithuania Vermouth Market Export to Major Countries |
7.2 Lithuania Vermouth Market Imports from Major Countries |
8 Lithuania Vermouth Market Key Performance Indicators |
8.1 Number of new vermouth product launches in the market |
8.2 Consumer engagement and interaction on social media platforms for vermouth brands |
8.3 Growth in the number of bars and restaurants offering vermouth cocktails |
8.4 Percentage increase in vermouth exports from Lithuania |
8.5 Participation and recognition in international spirits competitions |
9 Lithuania Vermouth Market - Opportunity Assessment |
9.1 Lithuania Vermouth Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Vermouth Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Vermouth Market - Competitive Landscape |
10.1 Lithuania Vermouth Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Vermouth 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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