Lithuania Agricultural Input Industry Outlook 2022 - 2026

Key Market Indicators

Lithuanian fertilizer production is expected to drop by 30.2% by 2026, compared to 44,100 metric tons in 2021. Since 2007, production decreased by 7% on a yearly basis. Lithuania ranked 22nd in 2021, with Ukraine taking the lead with 44,100 metric tons. India, Vietnam and Indonesia came in second, third and fourth in the ranking, respectively. Lithuanian fertilizer imports are expected to reach 743,440 metric tons by 2026, growing at an average rate of 2.7% annually. Since 2007, demand has increased by 6.1% year on year. Lithuania was seventh in 2021, with India taking the lead at 628,450 metric tons. Brazil, Spain and Thailand came in second, third and fourth, respectively. Lithuanian fertilizer exports are set to hit 321,250 metric tons by 2026, with a CAGR of 2.1%. Since 2007, supply has grown by 7.9% year on year. Lithuania was tenth in 2021, with Spain overtaking at 283,840 metric tons. Norway, Belgium and Finland came in second, third and fourth in the ranking, respectively.

Lithuania Agricultural Input Market Data and Forecasts

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