Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#16 In EuropeBusiness
#10 In EuropeEmployees
#16 In EuropeWages
#23 In EuropeThe freight forwarding services industry has faced many challenges. The COVID-19 pandemic disrupted global supply chains and impacted demand for freight services. The industry had to adapt rapidly to meet changing needs. Reduced passenger flights impacted air freight, while sea freight faced delays due to port closures and container shortages. On the positive side, e-commerce growth has raised demand for logistics and fulfilment services.
Enterprises
Number of businesses in 2024
Biggest companies in the Freight Forwarding & Customs Agents in Lithuania
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Freight Forwarding & Customs Agents in Lithuania industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Freight Forwarding & Customs Agents industry in Lithuania in 2024?
The market size of the Freight Forwarding & Customs Agents industry in Lithuania is €3.9bn in 2024.
How many businesses are there in the Freight Forwarding & Customs Agents in Lithuania industry in 2024?
There are 2,945 businesses in the Freight Forwarding & Customs Agents industry in Lithuania, which has grown at a CAGR of 6.6 % between 2019 and 2024.
Has the Freight Forwarding & Customs Agents industry in Lithuania grown or declined over the past 5 years?
The market size of the Freight Forwarding & Customs Agents industry in Lithuania has been growing at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Freight Forwarding & Customs Agents industry in Lithuania over the next 5 years?
Over the next five years, the Freight Forwarding & Customs Agents industry in Lithuania is expected to grow.
What does the Freight Forwarding & Customs Agents in Lithuania include?
Road freight forwarding and Maritime freight forwarding are part of the Freight Forwarding & Customs Agents industry.
How competitive is the Freight Forwarding & Customs Agents industry in Lithuania?
The level of competition is moderate and steady in the Freight Forwarding & Customs Agents industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Freight Rail Transport in Lithuania
- Freight Road Transport in Lithuania
- Inland Freight Water Transport in Lithuania
- Warehousing & Storage in Lithuania
International industries
Table of Contents
About this industry
Industry definition
This industry provides support services to freight transport industries. These include freight forwarding, customs and freight brokerage, stock consolidation and goods-handling operations.
Related Terms
FREIGHT FORWARDING BROKERAGE CUSTOM BROKRAGE FREIGHT FORWARDINGWhat's included in this industry?
Road freight forwardingMaritime freight forwardingRail freight forwardingInland waterways freight forwardingAir freight forwardingCompanies
Industry Code
5229 - Other transportation support activities in Lithuania
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Freight Forwarding & Customs Agents in Lithuania industry?
Outlook
Analysis
What's driving the Freight Forwarding & Customs Agents in Lithuania industry outlook?
Volatility
Analysis
What influences volatility in the Freight Forwarding & Customs Agents in Lithuania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Freight Forwarding & Customs Agents in Lithuania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
E-commerce expansion catapults growth. The freight forwarding industry in Europe leverages the booming e-commerce sector, offering tailored logistics solutions, amplifying market presence and fostering substantial revenue growth.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Freight Forwarding & Customs Agents in Lithuania industry's products and services performing?
Analysis
What are innovations in the Freight Forwarding & Customs Agents in Lithuania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Freight Forwarding & Customs Agents in Lithuania industry?
International Trade
Highlights
- Total Imports into Lithuania
- Total Exports into Lithuania
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Market dominance spurs efficiency gains. Having a high market share in the European freight forwarding industry fosters operational efficiencies, allowing dominant players to streamline processes, enhance services and maintain competitiveness.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Freight Forwarding & Customs Agents in Lithuania located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Stringent regulations reshape freight practices. Evolving regulatory frameworks in Europe impact freight forwarding operations, compelling companies to adapt and innovate to comply with changing standards and policies.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Freight Forwarding & Customs Agents in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Strategic innovations fuel profit surge. Innovative technologies and business strategies drive the rising profitability of the freight forwarding industry in Europe, ensuring sustained financial growth.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Freight Forwarding & Customs Agents in Lithuania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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