The non-wine vinegar market in Lithuania saw significant fluctuations from 2013 to 2023, reaching a value of 2.6952 million euros in 2023. The market experienced notable growth in 2014, 2019, and 2022, with respective year-on-year increases of 19.71%, 18.97%, and 5.77%. Meanwhile, the period from 2013 to 2023 demonstrated a positive trend with an overall compound annual growth rate (CAGR) of 4.93% for the last five years. Over the last two years, growth appeared stable with a 3.14% increase in 2023 following a 5.77% rise in 2022.
Future trends to watch for include:
- Shifts in consumer preferences towards organic and artisanal vinegars.
- Potential impact of economic conditions on discretionary spending.
- Innovation in product offerings and packaging.
- Increased demand in the foodservice industry as it recovers from pandemic-related downturns.
How does Lithuania rank in Non Wine Vinegar Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 201,690,000 | 2023 | +2.71% | +3.87% | View data |
| 2 | 2 United Kingdom | 133,690,000 | 2023 | +2.9% | +3.62% | View data |
| 3 | 3 Spain | 28,050,000 | 2023 | +4.97% | +0.4% | View data |
| 4 | 4 Poland | 15,224,000 | 2023 | -0.81% | -1.37% | View data |
| 5 | 5 Romania | 10,995,000 | 2023 | +3.58% | +3.04% | View data |
| 6 | 6 Bulgaria | 5,807,200 | 2023 | +5.47% | +7.5% | View data |
| 7 | 7 Lithuania | 2,695,200 | 2023 | +3.14% | +4.93% | |
| 8 | 8 Estonia | 336,580 | 2023 | -6.32% | -3.54% | View data |
