Lithuania Spirits Industry Outlook 2022 - 2026

Key Market Indicators

Lithuania's spirits production is predicted to reach around €74 million by 2026, up from €70 million in 2021. This is an increase of around 0.6% year on year. Since 2014, levels of production have risen by 0.5% year on year. In 2021, Lithuania came in at number 16, with Slovakia overtaking with €70 million. France, Italy and Poland were numbers 2, 3 and 4 respectively in this ranking. Spirits sales in Lithuania are set to reach €79.8 million by 2026, up from €74.4 million in 2021. This is an average rate of increase of 0.9% year on year. Since 2014, the market has been up 1% year on year. In 2021, Lithuania was ranked number 16, with Slovakia coming in ahead with €74.4 million. France, Poland and Italy were numbers 2, 3 and 4 in this ranking. Consumption of spirits in Lithuania is expected to reach around €127.5 million by 2026, down from €129.7 million in 2020. This is a decrease of 0.5% year on year CAGR. Since 2014, demand has dropped by 2.8% year on year. Poland, Italy and Germany were numbers 2, 3 and 4 in this ranking.

Lithuania Spirits Market Data and Forecasts

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