Key Market Indicators
**Lithuanian Plastic Product Sales Projected to Soar by 2028** Lithuanian Plastic Product Sales are forecasted to reach approximately €1.5 billion by 2028, up from around €1.3 billion in 2023. This represents a steady growth rate of 2.6% annually. Over the past decade, the Lithuanian market has seen a consistent annual increase of 3.2%. In 2023, Lithuania ranked 24th in the global market for plastic product sales, with Serbia surpassing it at the same value of €1.3 billion. Italy, France, and the United Kingdom secured the second, third, and fourth positions, respectively. **Lithuanian Plastic Export on the Rise** The export of Lithuanian plastic products is anticipated to surge to nearly $2.7 billion by 2028, up from $2.3 billion in 2023. This indicates an annual growth rate of 2.3%. Since 1999, Lithuanian plastic exports have shown a consistent year-on-year increase of 2.5%. **Increasing Demand for Lithuanian Plastic Imports** On the import front, Lithuania is expected to see its plastic product imports climb to about $2 billion by 2028, from approximately $1.8 billion in 2023. This marks an annual growth rate of 2.2%. Since 1999, the demand for plastic imports in Lithuania has grown at an annual rate of 2.8%. These projections underscore the robust expansion and dynamic nature of Lithuania’s plastic product market, both in terms of domestic sales and international trade.
