Lithuania Sparkling Wine Industry Outlook 2022 - 2026

Key Market Indicators

Lithuanian imports of sparkling wine are expected to reach $63 million by 2026, up from $51 million in 2021. This is a 3.2% increase year-on-year. Demand has been increasing since 1999, with an average growth rate of 11.2%. Lithuania ranked 23rd in 2021, behind Finland which imported $51 million. The United Kingdom, Japan and Germany followed in second, third and fourth places respectively. Exports of sparkling wine from Lithuania are predicted to reach $45 million by 2026, up from $37 million in 2021. This is a 3.1% increase year-on-year. Supply has been increasing since 1999, growing at an average rate of 13.5%. Lithuania was 11th in 2021, with Latvia leading the way with $37 million. Italy, Spain and Singapore came second, third and fourth respectively.

Lithuania Sparkling Wine Market Data and Forecasts

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