Key Market Indicators
**Lithuanian Alcoholic Drink Consumption to Plummet by 2028** Vilnius, Lithuania – Lithuania's alcoholic drink consumption is projected to drop significantly, reaching approximately 9,600 metric tons by 2028. This marks a sharp decline from 17,000 metric tons in 2023, with an average annual decrease of 8.9%. The downward trend isn't new; since 2019, Lithuanian demand for alcoholic beverages has been declining by 6.7% each year. In the global ranking for 2023, Lithuania stood at 65th, just behind Ireland, which consumed around 17,000 metric tons. The leading consumers were India, Japan, and Russia, ranking second, third, and fourth, respectively. **Lithuanian Alcoholic Drink Exports on the Rise** Despite the drop in domestic consumption, Lithuanian alcoholic drink exports are set for growth. By 2028, exports are expected to reach approximately $576 million, up from $494 million in 2023. This growth represents an average annual increase of 2.4%. Since 1999, Lithuania's supply of alcoholic drinks for export has seen a steady rise, growing at an average annual rate of 2.9%.
