Lithuania Fuels Industry Outlook 2024 - 2028

See how Lithuania Fuels performed compared to key markets.

Key Market Indicators

Lithuania's fuel import is projected to decline slightly over the next five years. By 2028, the country's fuel import is expected to drop to approximately 68,350 cubic meters, down from 68,650 cubic meters in 2023. This represents an average annual decrease of 0.1%. Despite this recent decline, Lithuanian fuel demand has seen a significant rise since 2000, with an average annual increase of 21.1%. In contrast, Lithuania's fuel export is on a steady upward trajectory. By 2028, the nation's fuel export is anticipated to reach around 361,790 cubic meters, up from 304,900 cubic meters in 2023. This marks an average annual growth rate of 2.7%. Since 1997, Lithuania's fuel supply has consistently expanded, growing at an average rate of 7% per year.

Lithuania Fuels Market Data and Forecasts

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