Country Report
Mapping Lithuania's bio-based potential
Lithuania offers substantial opportunities for the bio-based industry. Situated on the banks of the Baltic Sea, Lithuania’s landscape is a mix of plains and low hills. Almost half of the country is arable land, while around a third of the country is covered by forests.
Agriculture, forest-based and chemical industries are among the strong drivers of Lithuania’s economy. Also present are a healthy blue economy, food and beverages, food-processing and wood-processing industries. A leading role is for the agriculture and food industries with a combined contribution of around 10% of the GDP.
These industries are a sound basis for a bio-based industry in Lithuania. The presence of many international actors in the biotechnology sectors and a well-organised innovation support infrastructure contribute to a significant list of ingredients for a sustainable bio-based sector. In addition, the country is currently drafting a bioeconomy strategy that should be great support for local, regional and national bio-based operations.
Click on the link above to consult the report and get the full perspective on Lithuania's bio-based potential.
An Lithuanian language version of the Executive Summary can be consulted here.
The national press release in Lithuanian announcing the launch of the report can be consulted here.
Report details
Topic
Published by
BIC
Copyright
BIC 2020
