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.
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
For a sample of this report, please contact email@example.com