Key Market Indicators
Lithuanian container traffic volume is projected to reach approximately 760,000 Twenty-Foot Equivalent Units (TEUs) by 2028, up from around 697,000 TEUs in 2023. This marks an average annual growth rate of 1.4%. However, since 2012, the country's demand has declined by an average of 1.4% annually. In 2023, Lithuania ranked 74th globally, with Angola surpassing it at the same volume. Slovenia, the United States, and Singapore held the second, third, and fourth positions, respectively. Meanwhile, Lithuanian container handling at ports is expected to grow to about 857,000 TEUs by 2028, increasing from 734,000 TEUs in 2023. This represents a compound annual growth rate (CAGR) of 2.5%. Since 2009, the market has experienced a slight annual decline of 0.4%. In 2023, Lithuania ranked 17th in this category, with Norway leading at 734,000 TEUs. Germany, the Netherlands, and Belgium occupied the second, third, and fourth spots, respectively.
