Key Market Indicators
Lithuanian beverage imports are forecasted to hit $650 million by 2026, up from $566 million in 2021, an annual growth rate of 2.3%. Since 1999, demand has risen by 7.7% each year. In 2021, Lithuania was ranked 34th, with Portugal ahead of them with $565.9 million. The United Kingdom, Germany and China ranked second, third and fourth respectively. Lithuanian alcoholic beverage exports are projected to reach $542 million by 2026, up from $463 million in 2021, for a yearly growth rate of 2.7%. Since 1999, supply has grown by 8.7% annually. Lithuanian beverage sales are estimated to reach $1.83 billion by 2026, up from $1.71 billion in 2021, a yearly growth rate of 1.1%. Since 2005, the market has increased by 3.9% each year. In 2021, Lithuania was ranked 59th, with Jordan ahead of them with $1.71 billion. Japan, Germany and the United Kingdom were second, third and fourth respectively.