The Lithuanian solid refined white sugar market displayed fluctuations over the past decade, peaking in 2015 at 124.49 million kilograms before a downward trend ensued, driven by decreasing consumption. The market hit a low in 2019 before gradually rebounding. By 2023, the market volume reached 104.23 million kilograms, reflecting an upward trend, especially in the last two years, with a year-on-year increase of 7.63% for 2023. The five-year CAGR indicates a positive momentum at 5.08%, suggesting a recovery trend.
Future trends to watch include:
- Potential impact of health-conscious consumer choices on sugar consumption.
- Regulatory changes influencing sugar import and production in Lithuania.
- Technological advancements in sugar processing improving efficiency.
How does Lithuania rank in Solid Refined White Sugar Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,808,800,000 | 2023 | -1.93% | -2.23% | View data |
| 2 | 2 France | 1,859,100,000 | 2023 | +0.61% | -1.05% | View data |
| 3 | 3 Spain | 1,369,600,000 | 2023 | +3.37% | +0.49% | View data |
| 4 | 4 Romania | 520,410,000 | 2023 | +3.04% | +2.09% | View data |
| 5 | 5 Czech Republic | 368,200,000 | 2023 | +0.32% | +1.01% | View data |
| 7 | 7 Finland | 195,680,000 | 2023 | +1.3% | +0.72% | View data |
| 8 | 8 Bulgaria | 132,840,000 | 2023 | -1.9% | -1.02% | View data |
| 9 | 9 Lithuania | 104,230,000 | 2023 | +7.63% | +5.08% | |
