Key Market Indicators
Lithuania's seafood import is expected to reach nearly $691 million by 2026, up from $584 million in 2021. This marks an average year-on-year growth rate of 2.6%. Since 2000, demand for Lithuanian seafood has grown by an average of 3.3% each year. In 2021, Lithuania ranked 24th in the world for seafood import, behind the Philippines. Japan, China and Spain ranked second, third, and fourth respectively. Lithuania's seafood export is projected to reach around $695 million by 2026, up from $573 million in 2021. This is an average year-on-year growth rate of 3%. Since 2000, Lithuanian supply has increased by an average of 5.8% each year. Last year, Lithuania ranked 30th in the world for seafood export, behind Ireland. Norway, India and Vietnam ranked second, third, and fourth respectively.
