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Lithuania Aircraft Parts Industry Outlook 2022 - 2026

See how Lithuania Aircraft Parts performed compared to key markets such as the United Kingdom, Germany and Singapore.

Key Market Indicators

Lithuania's aircraft parts export is expected to hit $46 million by 2026, up 3.7% year on year on average. This is up from $36 million in 2021, when the country ranked 46th in the world. Malta overtook Lithuania in 2021, with exports totaling $36 million. Germany, Singapore and France took the second, third and fourth spots in the ranking. Meanwhile, Lithuania's aircraft parts import should reach $45 million by 2026, with an average growth rate of 3.7% year on year. This is up from $35 million in 2021, when Lithuania was 60th in the world. Latvia outdid Lithuania in 2021, with imports worth $35 million. France, Germany and Singapore took the second, third and fourth spots, respectively. Since 1999, Lithuanian demand has grown 11.8% year on year.

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