The polyamides market in Lithuania has demonstrated a consistent growth in volume, reaching 13.399 million kilograms by 2023. Over the last five years, the compound annual growth rate stood at approximately 4.25%, indicating steady demand. Notably, 2022 and 2023 experienced year-on-year increases of 5.66% and 5.43%, respectively. Despite a minor setback in 2019, market recovery has been robust.
Future trends to watch for include:
- Increasing adoption of sustainable materials and bio-based polyamides.
- Technological advancements in polyamide production.
- Potential impact of regulatory changes aimed at environmental sustainability.
How does Lithuania rank in Polyamides Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 155,000,000 | 2023 | +3.69% | +1.95% | View data |
| 2 | 2 Czech Republic | 94,163,000 | 2023 | +1.27% | -1.13% | View data |
| 3 | 3 Hungary | 43,405,000 | 2023 | +8.33% | +0.83% | View data |
| 4 | 4 Slovakia | 39,816,000 | 2023 | -0.56% | -2.06% | View data |
| 5 | 5 Romania | 39,748,000 | 2023 | +3.52% | +2.06% | View data |
| 7 | 7 Finland | 20,833,000 | 2023 | +0.0036% | -3.12% | View data |
| 8 | 8 Bulgaria | 14,032,000 | 2023 | +5.92% | +5.76% | View data |
| 9 | 9 Lithuania | 13,399,000 | 2023 | +5.43% | +4.25% | |
| 10 | 10 Denmark | 12,217,000 | 2023 | +2.84% | -0.66% | View data |
