Key Market Indicators
Home appliance sales in Lithuania are expected to reach €121.74 million by 2026, growing at an average rate of 0.7% year-on-year. In 2021, Lithuania was ranked 23rd, with a value of €113.53 million. Finland overtook Lithuania in 2021, with Italy, Poland and France respectively ranking 2nd, 3rd and 4th. Import of home appliances in Lithuania is set to reach $68,353,000 by 2026, increasing at a rate of 2.6% year-on-year. Since 1999, demand has decreased by 0.2% on an annual basis. In 2021, Lithuania was ranked 46th, with India overtaking it with a value of $58,784,000. Germany, Japan and France were 2nd, 3rd and 4th respectively. Exports of home appliances from Lithuania are estimated to reach $135,490,000 by 2026, growing at a CAGR of 3.1% year-on-year. Since 1999, supply has increased by 6.8% annually. In 2021, Lithuania came in 23rd, with Denmark overtaking it at $113,050,000. Germany, Malaysia and the United States respectively ranked 2nd, 3rd and 4th.