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Lithuania Vanadium Industry Outlook 2022 - 2026

See how Lithuania Vanadium performed compared to key markets such as the Czech Republic, South Korea and the United States.

Key Market Indicators

Lithuania's vanadium import is set to reach 15,000 kilograms by 2026, according to a new report. This number is an increase of 4.8% per year since 2021, when the nation imported 11,070 kilograms - a 515.8% increase on 2012 figures. Pakistan was the top importer in 2021, followed by the United States, South Korea and India. In 2018, Lithuania exported 7,830 kilograms of vanadium - a 44.9% decrease from 2017. The country came in 16th place, with Italy overtaking it with 7,830 kilograms. Russia, China and South Africa made up the top 3 exporters in 2018.

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Lithuania Vanadium Market Data and Forecasts