Key Market Indicators
Lithuanian Sporting Goods Sales are projected to climb to approximately €11 million by 2028, up from around €11 million in 2023, reflecting a modest annual growth rate of 0.2%. Since 2013, the Lithuanian market has experienced a slight decline, averaging a 0.4% decrease each year. Despite this downturn, Lithuania held the 22nd position in market rankings for 2023. Latvia, with sales also at roughly €11 million, surpassed Lithuania to claim the 21st spot. Meanwhile, Austria, Germany, and France occupied the second, third, and fourth positions, respectively, in the European sporting goods market.
