Key Market Indicators
Lithuanian wine consumption is projected to decline to 34,000 metric tons by 2028, down from 36,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) decrease of 0.6%. Since 2019, demand for wine in Lithuania has shown no significant changes. In 2023, Lithuania ranked 42nd in wine consumption, with New Zealand surpassing it at 36,000 metric tons. France, the United States, and Italy held the second, third, and fourth positions, respectively. On the production front, Lithuanian wine output is expected to fall to 3,400 metric tons by 2028, down from 3,970 metric tons in 2023, marking a 2.4% annual decline on average. Since 1997, the country's wine production has decreased by 3.3% annually. In 2023, Lithuania ranked 53rd in wine production, with Bosnia and Herzegovina overtaking it at 3,970 metric tons. France, Spain, and the United States ranked second, third, and fourth, respectively, in this category.
