Agricultural and poultry machinery market in Lithuania

Earlier Report Observations

The Lithuanian market for agricultural and poultry machinery expanded from $13 million in 2018 to $22 million in 2020, supported by the introduction of new equipment models like McCormick tractors and EU funding for modernizing poultry farming and forestry. Investments in advanced technologies, including logging equipment and spraying systems, boosted demand for machinery.

After stabilizing at $21 million in 2021, the market rose to $25 million in 2022 as innovation in agricultural technology gained focus. However, competition from Polish producers and rising production costs due to energy and feed prices led to a contraction to $20 million in 2023.

The market rebounded to $27 million in 2024, fueled by continued investment in forestry technologies and a major €13 million investment program by Akola group in the poultry sector, covering the largest agri-food enterprises in the Baltics.

Production agricultural and poultry machinery in Lithuania

In value, 2018-2021, K $ US

In Lithuania, the output of agricultural and poultry machinery was valued at 18 225 thousand US dollars in 2021, marking a significant 33.3% increase compared to 2020. Over the period from 2018 to 2021, production grew by 35.5%, with a compound annual growth rate of 10.7%. The largest decline occurred in 2020, when production fell by 10.1%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

Exports agricultural and poultry machinery from Lithuania

Exports in kind, t

After two consecutive years of decline, cross-border shipments of agricultural and poultry machinery from Lithuania increased in 2021. Exports reached 5 275 tonnes, showing a moderate year-on-year rise of 3.2%. However, between 2018 and 2021, exports decreased by 42.2%, which translates to an annualized decline of 16.7%. The lowest volume was recorded in 2020 at 5 112 tonnes, while the largest drop occurred in 2019 with a 43.3% decrease.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Russia, Belarus, and Norway were the primary markets for Lithuania's agricultural and poultry machinery exports in kind. Russia accounted for 56.2% of exports, while Belarus and Norway each contributed 8.5%. Together, these three countries represented 73.3% of total export flows during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

In 2021, agricultural and poultry machinery exports from Lithuania amounted to 37 790 thousand US dollars, reflecting a substantial 17.8% decrease compared to the previous year. Over the 2018-2021 period, exports declined by 39.7%, with an annualized rate of 15.5%. The largest decline was in 2019, with a 38.2% drop, while the largest increase occurred in 2020, rising by 18.6%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

Between 2018 and 2021, Russia, Belarus, and Kazakhstan were the top buyers of agricultural and poultry machinery from Lithuania in value terms. Russia led with 59.6% of exports, followed by Belarus at 13.8% and Kazakhstan at 7.2%. Combined, these three markets accounted for 80.6% of total export value during this timeframe.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports agricultural and poultry machinery to Lithuania

Imports in kind, t

Imported volumes of agricultural and poultry machinery into Lithuania declined for the third year in a row in 2021. Imports totalled 5 110 tonnes, down by 10.1% from the previous year. From 2018 to 2021, imports decreased by 44%, equating to an annualized decline of 17.6%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

Throughout 2018-2021, imports in kind of agricultural and poultry machinery to Lithuania were not heavily concentrated on a few key markets. Spain accounted for 14.8% of imports, the Netherlands for 12.0%, and Italy for 11.4%. Together, these three countries represented only 38.3% of total import flows, indicating a diverse sourcing pattern.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

In 2021, Lithuania's agricultural and poultry machinery imports totalled 40 818 thousand US dollars, indicating a 24.6% decrease relative to the prior year. Between 2018 and 2021, imports fell by 34.7%, with an annualized rate of 13.2%. The largest decline was recorded in 2019 at 29.6%, while the largest increase occurred in 2020 with a 23.2% rise.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, the supplier portfolio for agricultural and poultry machinery to Lithuania was broad and diverse. The Netherlands accounted for 18.8% of imports in value terms, Finland for 12.9%, and Spain for 12.6%. Together, these three countries contributed only 44.3% of total import value, with many other nations holding smaller but notable shares.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021