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Lithuania Freight Transport Report 2016

Lithuania Freight Transport Report 2016

BMI View: The slowdown in Lithuania's economic growth is forecast to come to an end with accelerated economic growth in 2016 and 2017 especially. The Ukrainian crisis and consequently softer external demand has been hurting the Lithuanian economy, impacting all freight transport sectors. Trade wars between the EU and Russia have slowed growth numbers for Lithuania's imports and exports, but with improving trade conditions and domestic demand increasing, we have a more positive outlook for Lithuania over the next few years.

As the Ukrainian crisis lingers, external demand from Lithuania's main trade partners has diminished, slowing down the economy. However, with growing domestic demand, Lithuania's economic growth is expected to accelerate in 2016 reaching its growth peak in 2017 before rates even out again. In 2016, we forecast a GDP growth rate of 3.1%, up from 2.0 estimated in 2015. The pace of growth is still expected to be leisurely, slowed down by loss of exports markets in Russia and low oil prices that have hurt the country's important refined oil export. For the rest of the forecast period, we expect an average annual growth rate of 3.5%.


BMI Industry View
SWOT
Freight Transport
Political
Economic
Operational Risk
Industry Forecast
Trade Forecast
Table: Trade Overview (Lithuania 2013-2020)
Table: Key Trade Indicators (Lithuania 2012-2019)
Road Freight Forecast
Table: Road Freight (Lithuania 2013-2020)
Rail Freight Forecast
Table: Rail Freight (Lithuania 2013-2020)
Air Freight Forecast
Table: Air Freight (Lithuania 2013-2020)
Market Overview
Company Profile
Lithuanian Railways Cargo (Lietuvos Geležinkeliai)
Lithuanian Shipping Company
Political Outlook
Domestic Politics
Long-Term Political Outlook
Table: Political Overview
Oil Price Outlook
Europe - Brent On Board For A Bumpy Ride
Macroeconomic Forecasts
Economic Analysis
Table: Economic Activity (Lithuania 2010-2019)
Demographic Forecast
Table: Population Headline Indicators (Lithuania 1990-2025)
Table: Key Population Ratios (Lithuania 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Lithuania 1990-2025)
Table: Population By Age Group (Lithuania 1990-2025)
Table: Population By Age Group % (Lithuania 1990-2025)
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Sources

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