Key Market Indicators
**Lithuanian Dairy Industry on the Rise: Production and Sales Projections for 2028** The Lithuanian dairy products sector is poised for steady growth over the next five years. Current data indicates that production is set to reach approximately €1.15 billion by 2028, up from €1.07 billion in 2023. This marks an average annual growth rate of 1.1%. Over the past decade, Lithuanian dairy supply has been increasing at an average rate of 3% annually. In the global context, Lithuania ranked 19th in dairy production in 2023, with Romania slightly ahead at €1.07 billion. Germany, Italy, and the Netherlands secured the top three positions, respectively. Sales in the Lithuanian dairy market are also projected to grow, reaching around €1.18 billion by 2028, up from €1.1 billion in 2023. This reflects a compound annual growth rate (CAGR) of 1.1%. Since 2013, the market has expanded by an annual average of 2.9%. In 2023, Lithuania held the 19th position in sales, with Portugal just ahead at €1.1 billion. Germany, Italy, and the Netherlands again led the rankings. Consumption of dairy products in Lithuania is expected to rise to nearly 994 million kilograms by 2028, from around 909 million kilograms in 2023, growing at an average annual rate of 1.4%. Since 2013, demand has increased by 2.1% yearly. In this category, Italy, the United Kingdom, and France occupied the second, third, and fourth spots, respectively. These figures highlight a robust future for the Lithuanian dairy industry, with consistent growth in production, sales, and consumption projected through 2028.
