The Lithuanian market for wholesale chocolate flavour coating in packings exceeding 2 kg showed fluctuating trends from 2013 to 2023. In 2023, the market size was 1.2278 million kilograms. Over the past two years, the market experienced a slight contraction: a 2.95% decrease in 2022 followed by a 1.45% decrease in 2023. Over the last five years, the compound annual growth rate (CAGR) averaged a slight decline of 0.99%, indicating a stagnant to declining demand in recent years. Historically, notable changes included a considerable drop in 2018 and a small recovery in 2021.
Future trends to watch for include potential stabilization or growth influenced by increasing consumer interest in premium and health-oriented chocolate products. Innovations in product formulations and packaging aimed at sustainability could also resonate well with emerging market preferences, potentially reversing recent downturns.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 30,744,000 | 2023 | +3.44% | +4.41% | View data |
| 2 | 2 Germany | 28,920,000 | 2023 | -1.01% | +0.98% | View data |
| 3 | 3 Portugal | 3,292,100 | 2023 | +3.6% | +3.43% | View data |
| 4 | 4 Lithuania | 1,227,800 | 2023 | -1.45% | -0.99% | |
| 5 | 5 Slovakia | 266,510 | 2023 | -2.83% | -2.74% | View data |
