The Lithuanian plain chocolate market has experienced significant fluctuations over the past decade. From 2013 to 2015, there was a steady growth reaching a peak before a noticeable decline in 2016. The volume continued to decrease, experiencing a compounded annual growth rate of negative 2.85% over the last five years. As of 2023, the market stood at approximately 0.865 million kilograms. This declining trend reflects a consistent year-on-year decrease in volume, especially notable over the last two years.
Looking ahead, a few trends to watch for include:
- Potential growth in healthier chocolate alternatives.
- Increased consumer interest in sustainable and ethically sourced chocolate.
- Market potential for premium chocolate offerings.
How does Lithuania rank in Plain Chocolate Blocks, Slabs or Bar Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 93,705,000 | 2023 | +1.79% | +1.87% | View data |
| 2 | 2 United Kingdom | 69,654,000 | 2023 | +1.16% | +1.12% | View data |
| 3 | 3 Spain | 46,158,000 | 2023 | -0.7% | +4.79% | View data |
| 4 | 4 Germany | 25,748,000 | 2023 | -1.75% | -1.77% | View data |
| 5 | 5 Poland | 17,554,000 | 2023 | -0.23% | -0.72% | View data |
| 13 | 13 Croatia | 4,025,500 | 2023 | -3.61% | -4.04% | View data |
| 14 | 14 Estonia | 960,020 | 2023 | -0.42% | -0.33% | View data |
| 15 | 15 Lithuania | 864,970 | 2023 | -4.18% | -2.85% | |
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