Lithuania Car Sales Data

Sales of New Cars In Lithuania – Data, Trends, Charts & Analysis

Here you will find annual car sales figures for Lithuania. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).

Since the early 2000s, the Lithuanian car market has fluctuated between 8,000 and 26,000 annual sales. After years of rapid growth, the market peaked in 2007 at over 25,000 sales and was stable at that level in 2008 before declining by more than 67% the next year, to just under 8,300 sales, below its 2003 level. In 2011 car sales in Lithuania rebounded with a 69% increase. Another six consecutive double digit increases from 2014 to 2019 have helped the market recover to a new peak of over 50,000 sales, nearly double the the 2007 peak. LCV sales typically make up 12% of total car sales in Lithuania, but their share peaked at over 22% in 2005 and 2006 but dropped to 8.6% in 2019.

Lithuania Automotive Sales Data & Recent Highlights

As you can see, the Lithuanian car sales market has been fluctuating in recent years. There was a sharp decline in sales in 2020 due to the COVID-19 pandemic, and the market has not yet fully recovered. There are a number of factors that have contributed to the volatility of the Lithuania car sales market. These include the fact that the Lithuanian economy has been struggling in recent years, which has led to a decrease in disposable income. The chip shortage has affected the production of new cars, making it difficult to import cars into Lithuania. The price of used cars has increased in recent years, making them more affordable than new cars.

Some of the trends in the Lithuanian car sales market include continued rise in popularity of SUVs. SUVs are becoming increasingly popular in Lithuania, as they are seen as more practical and comfortable than sedans. In 2022, SUVs accounted for 40.2% of new car registrations in Lithuania. This is up from 36.5% in 2020. Electric vehicles are also becoming increasingly popular in Lithuania, as the government offers incentives to encourage people to buy them. In 2022, electric vehicles accounted for 6.2% of new car registrations in Lithuania. This is up from 2.5% in 2020.

Interesting Lithuania New Car Sales Stats

• Best Sales Year Volume: 44,132 units sold
• Worst Sales Year Volume: 5,367 units sold
• Average Sales Per Year: 21,928.5 units sold
• Total Sales Units (since 2005): 438,569 units sold

Lithuania New Motor Vehicle Sales Table

Lithuania New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.