Key Market Indicators
The volume of Lithuanian shipping freight is projected to hit 16 million tonne-kilometers by 2028, rising from 12 million tonne-kilometers in 2023. This growth represents a compound annual growth rate (CAGR) of 4.2%. Since 1975, Lithuania's shipping freight volume has seen a significant increase, surging by 64.4% annually. In the global rankings, Lithuania held the 22nd position in 2023. The Czech Republic surpassed Lithuania, matching its 12 million tonne-kilometers. The top positions were occupied by the Netherlands, Germany, and Romania, ranking second, third, and fourth respectively.
