Key Market Indicators
Cosmetics imports to Lithuania are expected to reach $663 million by 2026, up from $550 million in 2021. Since 1999, Lithuanian demand for cosmetics has grown by an average of 10.8% each year. Lithuania was 44th in the global ranking in 2021, behind Argentina at $550 million. China, Germany, and the UK came in second, third, and fourth respectively. Cosmetics exports from Lithuania are expected to reach $490 million by 2026, up from $397 million in 2021. Since 1999, Lithuanian supply of cosmetics has grown by an average of 13.2% each year. Lithuania was 41st in the global ranking in 2021, behind Bulgaria at $397 million. The US, Germany, and Ireland came in second, third, and fourth respectively.