The Lithuanian meat market in 2023 was valued at 507.5 million euros. Over the past decade, the market experienced fluctuations, peaking at 558.77 million euros in 2013 and reaching its lowest point at 433.38 million euros in 2016. Recent years show a slight decline, with a year-on-year decrease of 1.45% in both 2022 and 2023. The five-year compound annual growth rate (CAGR) indicated a slow decline, averaging 1.11% annually.
Future trends to watch:
- Increasing consumer focus on sustainable and organic meat options.
- Potential regulatory changes affecting production and importation.
- Impact of economic factors on consumer spending patterns.
- Technological advancements in meat processing and production efficiency.
How does Lithuania rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 17 | 17 Slovakia | 870,350,000 | 2023 | +3.04% | +0.53% | View data |
| 18 | 18 Croatia | 852,620,000 | 2023 | +2.84% | +3.08% | View data |
| 19 | 19 Lithuania | 507,500,000 | 2023 | -1.45% | +1.11% | |
| 20 | 20 Slovenia | 396,240,000 | 2023 | -0.11% | +0.43% | View data |
| 21 | 21 Latvia | 262,410,000 | 2023 | +0.64% | +1.78% | View data |
