Key Market Indicators
Lithuanian beer sales are projected to reach €219 million by 2028, down slightly from €221 million in 2023. This marks a 0.2% annual decline in compound annual growth rate (CAGR). However, since 2013, the Lithuanian market has seen an average yearly increase of 2.7%. In 2023, Lithuania ranked 20th in beer sales, with Slovakia overtaking at the same €221 million mark. The United Kingdom, Spain, and Belgium held the second, third, and fourth positions, respectively. On the production front, Lithuanian beer output is expected to reach approximately 301,000 metric tons by 2028, up from around 296,000 metric tons in 2023. This represents a modest 0.3% annual growth rate. Since 1997, Lithuanian beer supply has increased by an average of 0.8% per year. In global rankings for 2023, Lithuania was 65th in beer production, with Namibia surpassing it at the same 296,000 metric ton level. The United States, Brazil, and Mexico occupied the second, third, and fourth positions, respectively, in beer production.