Key Market Indicators
Lithuania's Jewelry exports are expected to reach about €8 billion by 2026, up from €7.04 billion in 2021, representing a 1.2% average annual growth rate. Since 2009, Lithuanian supply has declined 7.6% year on year. In 2021, Lithuania ranked 19th, with Latvia overtaking at €7.04 billion. Italy, France and the United Kingdom ranked 2nd, 3rd and 4th, respectively. Meanwhile, Lithuania's Jewelry imports are forecast to reach €26 billion by 2026, up from €22.07 billion in 2021, with a compound annual growth rate of 2.6%. Since 2009, Lithuanian demand has grown 6.3% year on year. In 2021, Lithuania ranked 23rd, with Bulgaria overtaking at €22.07 billion. France, the United Kingdom and Italy ranked 2nd, 3rd and 4th, respectively.
