Key Market Indicators
Lithuanian Meat Sales are projected to hit approximately €621 million by 2028, a slight decrease from the €622 million expected in 2023. This indicates a negligible year-on-year decline. Over the past decade, the market has seen a modest annual growth rate of 1.4%. In 2023, Lithuania ranked 26th globally, with Slovenia just ahead at €622 million. France, Spain, and Italy occupied the second, third, and fourth spots, respectively. In terms of consumption, Lithuanian Meat Consumption is forecasted to remain stable at around 233,000 metric tons by 2028, unchanged from 2023 levels. Since 2019, demand has seen a marginal decline of 0.1% per year. On the production front, Lithuanian Meat Production is expected to reach nearly 224,600 metric tons by 2028, up slightly from 224,380 metric tons in 2023. This represents a flat year-on-year growth rate. Since 1997, the country's supply has increased by a modest 0.1% annually.
