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Lithuania Computer Hardware Industry Outlook 2022 - 2026

See how Lithuania Computer Hardware performed compared to key markets such as the Czech Republic, Germany and the United Kingdom.

Key Market Indicators

Revenue from computer hardware in Lithuania is set to reach 23 million euros by 2026, up from 21.4 million euros in 2021. This represents an average annual growth rate of 1.2%. Since 2013, the Lithuanian market has grown at an average of 4.1% year on year. In 2021, Lithuania was 24th in the world ranking, with Bulgaria ahead at 21.4 million euros. The top three spots were held by Germany, the United Kingdom and Italy. Lithuanian computer hardware exports are expected to reach 47.7 million euros by 2026, up from 42.97 million euros in 2021. This indicates an average annual growth rate of 1.8%. Since 1999, Lithuanian supply has grown at an average of 3.5% year on year. Computer hardware imports to Lithuania are expected to reach 72.4 million euros by 2026, up from 66.38 million euros in 2021. This represents an average annual growth rate of 1.6%. Since 1999, Lithuanian demand has grown at an average of 3% year on year. In 2021, Lithuania was 54th in the world ranking, with Qatar overtaking at 66.38 million euros. Germany, the Netherlands and China held the top three spots.

Lithuania Computer Hardware Market Data and Forecasts

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