The commercial industrial gas market in Lithuania is estimated to have generated revenues of $18.5 million in 2016. This is up from $10.8 million in 2006, indicating an average annual growth rate of 7.7% p.a. for the decade.

Between 2005 and 2015 GDP grew by an average of 4.8% p.a. when adjusted for inflation. The Baltic nations were amongst some of the worst hit countries in terms of the global financial crisis. In 2009 GDP fell by almost 15%, but recovery was quick and GDP growth has been positive since. A number of successful governmental policies has attracted major foreign investment and this has been a key driver for the recovering economy.

Published: 2019
Report Data: 2018

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

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