Key Market Indicators
Lithuanian Metal Products Sales are forecasted to reach approximately €619 million by 2028, up from around €553 million in 2023. This represents an annual growth rate of 1.8% compounded annually. Since 2013, the Lithuanian market for metal products has seen a yearly increase of 3.2%. In the global ranking for 2023, Lithuania secured the 27th position, with Bosnia and Herzegovina surpassing it, also reporting €553 million in sales. Italy, France, and Poland claimed the second, third, and fourth spots, respectively. On the import front, Lithuania's metal products imports are projected to climb to nearly $155 million by 2028, up from $134 million in 2023, reflecting an annual growth rate of 2.3% compounded annually. Since 1999, the country's demand for these products has risen by 2.9% each year. Exports of Lithuanian metal products are expected to reach about $97 million by 2028, increasing from approximately $81 million in 2023. This represents an average annual growth rate of 2.9%. Since 1999, Lithuania's supply of metal products for export has surged by 3.5% annually.
