Key Market Indicators
Lithuanian jewelry exports are projected to climb to approximately €12.7 million by 2028, up from €9.8 million in 2023. This marks an average annual growth rate of 4.1%. Since 2009, Lithuania's jewelry supply has seen a steady rise, increasing by 2.1% year on year. In the global rankings for 2023, Lithuania stood at number 24, with Malta leading the way at €9.8 million. Italy, the United Kingdom, and France occupied the second, third, and fourth spots, respectively. On the import front, Lithuanian jewelry imports are expected to reach around €41.9 million by 2028, up from €36.5 million in 2023. This represents an average annual growth rate of 2.1%. Since 2009, the country's demand for jewelry has surged, growing by a notable 15% year on year. In 2023, Lithuania was ranked 22nd in the global import rankings, with Norway surpassing it at €36.5 million. The United Kingdom, France, and Italy took the second, third, and fourth positions in the import rankings, respectively.
