Key Market Indicators
Lithuanian Lighting Sales are projected to reach €81 million by 2028, up from €71 million in 2023, marking an average annual growth rate of 1.9%. Despite this growth, the market has seen a decline of 2.1% annually since 2013. In 2023, Lithuania ranked 21st, with Estonia slightly ahead with €71 million in sales. The Netherlands, Italy, and the Czech Republic were the top three countries in this ranking. On the import front, Lithuanian Lighting Imports are expected to hit nearly $46 million by 2028, rising from $39 million in 2023. This represents an average annual growth rate of 2.5%. Since 1999, demand in Lithuania has increased by 3.2% each year. In terms of exports, Lithuanian Lighting Exports are forecasted to reach approximately $38 million by 2028, up from $32 million in 2023. This signifies an average annual growth rate of 2.6%. Since 1999, the country’s supply has seen an annual increase of 3.1%.
