Key Market Indicators
Lithuania's bus imports and exports are set to rise in the next five years. Imports are forecast to grow from $121 million in 2021 to $155 million by 2026, an average annual rate of 3.9%. Since 1999, the country's demand for buses has been increasing at a rate of 41.3% each year. Exports are expected to rise from $52 million in 2021 to $66 million by 2026, with a year-on-year CAGR of 3.8%. Since 1999, Lithuania's supply of buses has been increasing by 13.1% year on year. In 2021, the country ranked 33rd in terms of bus exports, with Oman overtaking it at $52 million. China, Germany, and Poland respectively took the second, third, and fourth spots in the ranking.
