The Consumer Electronics Market in Lithuania has shown a considerable upward trend in value per capita, growing from €34.66 in 2013 to €77.66 in 2023. Analyzing the year-on-year changes reveals consistent growth, particularly between 2022 and 2023 with an increase of 4.45%. Over the past five years, the Compound Annual Growth Rate (CAGR) stands at 3.5%, marking sustained and steady expansion.
Future trends to watch for include advancing technology adoption, increasing disposable income, and a shift towards smart devices, which may propel further market growth. Consideration of global supply chain challenges and consumer preference shifts will also be key areas to monitor.
How does Lithuania rank in Consumer Electronics Market Size Value Per Capita?
| # | 13 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 179.94 | 2023 | View data | ||
| 2 | 2 Finland | 157.73 | 2023 | View data | ||
| 3 | 3 Ireland | 136.25 | 2023 | View data | ||
| 4 | 4 Denmark | 123.36 | 2023 | View data | ||
| 5 | 5 United Kingdom | 117.75 | 2023 | View data | ||
| 8 | 8 Sweden | 96.06 | 2023 | View data | ||
| 9 | 9 France | 89.94 | 2023 | View data | ||
| 10 | 10 Lithuania | 77.66 | 2023 | |||
| 11 | 11 Spain | 66.42 | 2023 | View data | ||
| 12 | 12 Croatia | 51.3 | 2023 | View data | ||
