The soy sauce market in Lithuania showed a growth trend from 2013 to 2023, reaching 400.86 thousand kilograms in 2023. The year-on-year growth varied, with notable fluctuations such as a peak in 2014 at 28.56% and a dip in 2015 at -7.34%. From 2018 to 2023, the market demonstrated a steady increase, with compound annual growth rates reflecting stability, albeit slightly decreasing from a CAGR of 6.63% in 2020, to 1.43% by 2023.
Future trends to watch for include potential market saturation and the influence of health-conscious consumer preferences potentially driving demand for low-sodium and organic soy sauce options. Additionally, growing interest in culinary diversity could spur demand spikes.
How does Lithuania rank in Soya Sauce Market Size Volume?
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 20,120,000 | 2023 | +3.34% | +5.79% | View data |
| 2 | 2 Sweden | 4,461,200 | 2023 | +0.38% | +8.91% | View data |
| 3 | 3 Denmark | 1,482,300 | 2023 | +1.51% | +1.06% | View data |
| 4 | 4 Bulgaria | 498,610 | 2023 | +4.04% | +4.99% | View data |
| 5 | 5 Lithuania | 400,860 | 2023 | +2.66% | +1.43% |
