With sectors from booming pharmaceuticals to sustainable energy setting impressive records, Lithuania’s industrial landscape is powering forward as a dynamic and essential pillar of the national economy.
Key Takeaways
- Lithuania's manufacturing sector accounted for 15.8% of GDP in 2022
- In 2023, the production index in manufacturing increased by 2.1% compared to 2022
- Food product manufacturing output reached 2.47 billion EUR in 2022
- Lithuania's electricity generation from fossil fuels was 1,200 GWh in 2022
- Renewable energy share in gross final energy consumption reached 32.1% in 2023
- Installed wind power capacity stood at 1,100 MW in 2023
- Number of building permits issued for dwellings 12,500 in 2023
- Construction production index increased 5.3% YoY in Q1 2024
- Total value of construction works 6.8 billion EUR in 2022
- Number of industrial sector employees totaled 220,000 in 2023
- Manufacturing employment rate 14.2% of total workforce in 2022
- Average gross wage in industry 1,950 EUR/month in Q1 2024
- Industrial exports totaled 22.5 billion EUR in 2023
- Machinery and mechanical appliances exports 4.2 billion EUR in 2022
- Wood and wood products exports reached 5.1 billion EUR in 2023
Lithuania's industrial economy showed strong and diverse growth across many manufacturing sectors.
Construction
- Number of building permits issued for dwellings 12,500 in 2023
- Construction production index increased 5.3% YoY in Q1 2024
- Total value of construction works 6.8 billion EUR in 2022
- Residential building completions 8,200 units in 2023
- Civil engineering turnover grew 7.2% to 2.1 billion EUR in 2022
- Construction employment reached 150,000 persons in 2023
- Non-residential building permits area 1.2 million m² in 2022
- Construction costs index up 8.5% in 2023
- Road construction investments 450 million EUR in 2022
- New apartments constructed 25,000 m² useful area in 2023
- Building renovation projects funded 300 million EUR EU funds in 2022
- Industrial buildings constructed 450,000 m² in 2023
- Construction firms numbered 15,200 in 2022
- Average construction wage 1,800 EUR/month in 2023
- Railway infrastructure construction 120 km new lines in 2022
- Green building certifications issued 250 in 2023
- Demolition works volume 1.5 million m³ in 2022
- Public procurement in construction 2.8 billion EUR in 2023
- Housing starts increased 12% to 15,000 in 2022
- Construction material prices index +10.2% YoY in 2023
- Bridge constructions completed 25 units in 2022
- Modular building production 10,000 m² in 2023
- Construction sector GDP contribution 6.5% in 2022
Construction Interpretation
Lithuania's construction sector is briskly building its future, but it's currently running on a treadmill of rising costs, as evidenced by the 5.3% growth in production being chased by an 8.5% climb in expenses.
Employment
- Number of industrial sector employees totaled 220,000 in 2023
- Manufacturing employment rate 14.2% of total workforce in 2022
- Average gross wage in industry 1,950 EUR/month in Q1 2024
- Unemployment rate in industrial sectors 5.1% in 2023
- Construction employment grew 3.5% to 152,000 in 2022
- Energy sector workforce 18,500 persons in 2023
- Female employment in manufacturing 35% of total in 2022
- Labor productivity in industry 52,000 EUR/worker in 2023
- Part-time workers in industry 8% of employed in 2022
- Youth employment (15-24) in industry 12,000 in 2023
- Temporary agency workers in manufacturing 5,200 in 2022
- Industrial accidents rate 2.1 per 1,000 workers in 2023
- Skilled labor shortage in manufacturing 25% of firms in 2022
- Average working hours in industry 40.2 hours/week in 2023
- Older workers (55+) in industry 22% of workforce in 2022
- Vocational training participants in industry 45,000 in 2023
- Wage growth in construction 9.2% YoY in 2022
- Foreign workers in industry 35,000 in 2023
- Job vacancies in manufacturing 12,500 in Q4 2023
- Union membership in industry 15% of employees in 2022
- Industry employment by region: Vilnius 45% in 2023
- Turnover per employee in industry 180,000 EUR in 2022
Employment Interpretation
Lithuania's industrial sector presents a paradox of robust productivity and high wages shadowed by a significant skills gap and demographic pressures, where fewer hands are doing more valuable work but increasingly need to come from abroad or from its aging and underutilized female workforce.
Energy
- Lithuania's electricity generation from fossil fuels was 1,200 GWh in 2022
- Renewable energy share in gross final energy consumption reached 32.1% in 2023
- Installed wind power capacity stood at 1,100 MW in 2023
- Natural gas consumption in industry was 2.5 billion m³ in 2022
- Solar photovoltaic capacity reached 800 MW in 2023
- Oil refinery output at Mažeikiai was 8.5 million tons in 2022
- District heating production totaled 5.2 TWh in 2023
- Biomass energy production contributed 2,800 GWh in 2022
- Electricity imports from neighboring countries were 12.4 TWh in 2023
- Hydroelectric power generation was 1.1 TWh in 2022
- Final energy consumption in industry sector 25% of total in 2023
- Cogeneration capacity installed 1,500 MW in 2022
- Greenhouse gas emissions from energy sector 15 Mt CO2 eq in 2023
- Waste-to-energy plants produced 300 GWh in 2022
- Electricity production from solar up 45% to 450 GWh in 2023
- Natural gas production negligible at 0.05 billion m³ in 2022
- Energy intensity of GDP improved to 0.12 koe/EUR in 2023
- Offshore wind potential estimated at 7 GW by 2030
- Heat pump installations grew 20% to 15,000 units in 2022
- Final electricity consumption in industry 4.2 TWh in 2023
- Biofuel blending in transport 10% in 2022
- Energy efficiency investments 500 million EUR in industry 2023
- Coal consumption dropped 30% to 0.8 million tons in 2022
- Smart grid investments reached 150 million EUR in 2023
- Geothermal energy production 250 GWh in 2022
- Share of renewables in electricity 45% in 2023
Energy Interpretation
While Lithuania is energetically courting a renewable future with impressive gains in wind, solar, and green ambition, its industrial heart still beats to a familiar fossil-fueled rhythm, keeping it tethered to gas imports and refinery output even as it diligently plugs energy leaks and plants the seeds for an offshore wind-powered tomorrow.
Exports
- Industrial exports totaled 22.5 billion EUR in 2023
- Machinery and mechanical appliances exports 4.2 billion EUR in 2022
- Wood and wood products exports reached 5.1 billion EUR in 2023
- Furniture exports value 2.8 billion EUR in 2022
- Mineral fuels and oils exports 3.5 billion EUR in 2023
- Plastics and articles thereof exports 1.2 billion EUR in 2022
- Electrical machinery exports grew 8% to 1.9 billion EUR in 2023
- Pharmaceutical products exports 1.4 billion EUR in 2022
- Iron and steel exports 850 million EUR in 2023
- Vehicles other than railway exports 1.1 billion EUR in 2022
- Optical medical instruments exports 650 million EUR in 2023
- Knitted apparel exports 450 million EUR in 2022
- Food preparations exports 1.8 billion EUR in 2023
- Chemicals exports totaled 900 million EUR in 2022
- Top export market Sweden 12% of industrial goods in 2023
- EU share in industrial exports 75% in 2022
- Export growth of manufactured goods 4.5% YoY in 2023
- Refined petroleum exports 2.9 billion EUR in 2022
- Export unit value index for industry +3.2% in 2023
- plywood and veneer exports 1.2 billion EUR in 2022
Exports Interpretation
While Lithuania's industrial might can be measured in everything from sleek furniture (2.8B €) and sturdy wood (5.1B €) to potent pharmaceuticals (1.4B €) and fueled by refined petroleum (2.9B €), its economic engine truly purrs by transforming its forests and fields into high-value goods for a loyal EU market (75% share), proving that the most sophisticated exports sometimes begin with a simple tree.
Manufacturing
- Lithuania's manufacturing sector accounted for 15.8% of GDP in 2022
- In 2023, the production index in manufacturing increased by 2.1% compared to 2022
- Food product manufacturing output reached 2.47 billion EUR in 2022
- Wood processing and production of wood products turnover was 3.2 billion EUR in 2023
- Furniture manufacturing employed 28,500 people in 2022
- Chemical industry production volume grew by 4.5% year-on-year in Q1 2024
- Metal products manufacturing output value stood at 1.8 billion EUR in 2022
- Textile manufacturing turnover decreased by 1.2% to 450 million EUR in 2023
- Machinery and equipment manufacturing saw a 3.7% growth in 2022
- Pharmaceutical manufacturing exports from Lithuania reached 1.1 billion EUR in 2023
- Rubber and plastics products production index rose 5.2% in 2023
- Electrical equipment manufacturing turnover was 850 million EUR in 2022
- Printing and reproduction of recorded media output fell 2.8% in 2023
- Beverage manufacturing production volume was 1.2 billion liters in 2022
- Leather and related products turnover reached 120 million EUR in 2023
- Motor vehicles manufacturing employed 12,000 workers in 2022
- Paper and paper products production index up 1.9% in Q4 2023
- Other transport equipment manufacturing output 250 million EUR in 2022
- Wearing apparel manufacturing turnover declined to 300 million EUR in 2023
- Basic pharmaceutical products production grew 6.1% in 2023
- Fabricated metal products except machinery turnover 2.1 billion EUR in 2022
- Food manufacturing employment was 45,200 in 2023
- Wood furniture production volume 1.5 million units in 2022
- Chemical products manufacturing index +3.4% YoY in 2023
- Computer electronic and optical products turnover 1.3 billion EUR in 2022
- Non-metallic mineral products output up 2.8% in 2023
- Manufacturing value added per worker was 45,000 EUR in 2022
- Dairy products manufacturing output 1.8 billion EUR in 2023
- Plastic products manufacturing employed 15,000 in 2022
- Manufacturing R&D expenditure reached 450 million EUR in 2023
Manufacturing Interpretation
Lithuania's industrial heartbeat shows its economy isn't just running on a diet of dairy and furniture, but is steadily—and sometimes literally—chipping away at higher-value manufacturing, from booming pharmaceuticals to resilient plastics, while its more traditional textile and print sectors gently fade like old newspapers.
Sources & References
- Reference 1OSPosp.stat.gov.ltVisit source
- Reference 2ECec.europa.euVisit source
- Reference 3DATAdata.worldbank.orgVisit source
- Reference 4TRADINGECONOMICStradingeconomics.comVisit source
- Reference 5STATISTAstatista.comVisit source
- Reference 6IEAiea.orgVisit source
- Reference 7ORLENorlen.ltVisit source
- Reference 8EEAeea.europa.euVisit source
- Reference 9WORLDBANKworldbank.orgVisit source
- Reference 10OECoec.worldVisit source