Between 2013 and 2023, the frozen poultry meat market in Lithuania experienced fluctuating trends. The volume peaked in 2015 with 16.678 million kilograms but displayed a significant decline by 2023, reaching 12.494 million kilograms. Despite periods of growth, like in 2017 and 2019, recent years have shown a consistent downturn, with the most recent year-on-year decrease in 2023 being 2.58%. The compound annual growth rate (CAGR) over the last five years has averaged -2.13%, indicating a downward trend.
Future trends to watch include potential market stabilization efforts, changes in consumer preferences, and economic conditions impacting purchasing power. Monitoring global trade dynamics and domestic production costs will be crucial in forecasting the market's direction.
How does Lithuania rank in Frozen Poultry Meat Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 235,690,000 | 2023 | +4.13% | +0.6% | View data |
| 2 | 2 Germany | 197,990,000 | 2023 | -3.43% | -6.25% | View data |
| 3 | 3 Spain | 114,520,000 | 2023 | +0.44% | +1.36% | View data |
| 4 | 4 Sweden | 100,910,000 | 2023 | +1.23% | +2.82% | View data |
| 5 | 5 Bulgaria | 81,276,000 | 2023 | -1.1% | -0.43% | View data |
| 8 | 8 Czech Republic | 29,069,000 | 2023 | -9.54% | -9% | View data |
| 9 | 9 Austria | 15,528,000 | 2023 | +1.22% | -1.04% | View data |
| 10 | 10 Lithuania | 12,494,000 | 2023 | -2.58% | -2.13% | |
| 11 | 11 Estonia | 9,715,700 | 2023 | -0.94% | -0.083% | View data |
