Year 2017 was record for the Lithuanian transport sector

Date

2018 02 23

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A. Pelakauskas foto
A. Pelakauskas foto

“Year 2017 was record for the Lithuanian transport sector; a year statistics shows a strong growth in each mode of transport,” says Rokas Masiulis, Minister of Transport and Communications, while estimating sector results of 2017. According to preliminary data, last year all major economic indicators of the transport sector grew, and growth rates were the highest in the last few years.

According to preliminary data, exports of domestic transport services grew by 26.8 % per year, income from transport service was 19.0 %, and the gross value-added (GVA) generated by the sector increased by about 12 %. A turnover of transport enterprises, investments into renewal of fleet of vehicles as well as intellectual products was growing.

In terms of cargo transportation and handling, the highest growth per year is observed in land transport - 13.4% (up to 126.1 million tons). Compared to 2016, by 15.5% more of cargo was transported by road transport last year (73.4 million tons), rail transport - by 10.5 % more (52.6 million tons). Carriers of the country are entrenching more and more on the markets of North and West Europe; and cargo transportation to Russia is reviving as well. The growth of transportation by rail was driven by increased transit cargo flows to Klaipėda (by 12.6% more) and Kaliningrad (by 28.8% more). AB “Lietuvos geležinkeliai” became the leaders in the Baltic region for the first time.

Historically high turnover was reached at Klaipeda State Seaport in 2017 - 43.2 million tons of cargo (by 7.6% more than in 2016). 53.0 million tons were handled together with Butingė Terminal in total. The results of Klaipėda port were mostly influenced by the growth of handling of fertilizers (10.0%), containers (6.2%) and metal scrap (92.6%).

The year 2017 was also record for Lithuanian airports. During the year, after opening 11 new direct flights, Vilnius, Kaunas and Palanga airports together served more than 5.2 million passengers – by 9.6% more than 2016.

The analysis of export markets for Lithuanian transport services shows the rapid growth of export of these services to the Northern and Western European countries. According to preliminary data, export of transport services to Denmark increased by 80% over the year, the German and French markets grew by more than 40%. In 2017, for the first time, the largest export market for Lithuanian transport services was Germany, with service volumes and growth rates ahead of Russia that constituted the largest market share theretofore.