The ethylene polymers market in Lithuania, expressed in value, reached 129.67 million Euros in 2023. The market has experienced fluctuations over the last decade. Recent trends indicate a recovery after the dip in 2020, with year-on-year growth of 15.96% in 2021 and 6.6% in 2022, slowing to 1.23% in 2023. The 5-year CAGR stands at -0.36%, reflecting overall instability with peaks and troughs.
Future trends to watch for:
- Impact of innovation in polymer technologies.
- Regulatory changes affecting the polymer industry.
- Shift towards sustainable and environmentally friendly materials.
- Market adjustments due to global supply chain fluctuations post-pandemic.
How does Lithuania rank in Ethylene Polymers Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,053,100,000 | 2023 | -0.43% | -0.75% | View data |
| 2 | 2 Italy | 3,018,700,000 | 2023 | +0.44% | -4.86% | View data |
| 3 | 3 France | 1,737,100,000 | 2023 | -1.16% | -1.9% | View data |
| 4 | 4 Spain | 1,704,300,000 | 2023 | +0.84% | +1.29% | View data |
| 5 | 5 Poland | 1,541,900,000 | 2023 | +3.65% | +1.85% | View data |
| 11 | 11 Croatia | 169,180,000 | 2023 | +0.22% | -0.44% | View data |
| 12 | 12 Bulgaria | 150,950,000 | 2023 | +3.88% | +0.54% | View data |
| 13 | 13 Lithuania | 129,670,000 | 2023 | +1.23% | -0.36% | |
| 14 | 14 Slovenia | 100,610,000 | 2023 | +1.1% | +2.09% | View data |
| 15 | 15 Estonia | 66,798,000 | 2023 | +1.61% | +3.54% | View data |