Key Market Indicators
Freight shipping in Lithuania has taken a hit this year. In 2021, the volume of freight shipping dropped to just 0.95 million tonne kilometers, a decrease of more than half compared to 2020's 2 million tonne kilometers. Since 1975, freight shipping in Lithuania has been steadily declining, with a 1% decrease year on year.
Lithuania Vessel Market Data and Forecasts
How much will Lithuania Vessel Market grow?More in Vessel Industry for 2027
Improve your Knowledge with the latest Indicators and Trends
The global market for Fiberglass Reinforced Plastic (FRP) vessels is on an intricate trajectory, influenced by a complex web of factors. Rapid advancements in material science, increased demand in sectors such as waste management, chemical processing, aquaculture, and desalination, coupled with the increased weight attributes on operational efficiency and longevity...Read more