Key Market Indicators
Lithuanian graphite imports are expected to decline 1% annually, from a 2021 figure of $13,660 to just under $13,000 by 2026. This decline comes after a 16% decrease over the past 22 years. Last year, Lithuania ranked 90th in the world for graphite imports, just behind Senegal. South Korea, the US and Germany ranked 2nd, 3rd and 4th respectively. Meanwhile, Lithuanian graphite exports are forecast to grow 3.5% each year, from $21,480 in 2021 to $26,490 by 2026. This growth follows a 21.7% increase over the past 22 years. In 2021, Lithuania was 49th in the world for graphite exports, just behind Romania. Brazil, Germany and the US ranked 2nd, 3rd and 4th respectively.