The Sweet Biscuits and Gingerbread market volume in Lithuania was 19.026 million kilograms in 2023. Over the past decade, the market has experienced fluctuations, with peaks in 2017 and 2018 and declines most notably in 2019 and 2020. The year-on-year variation showed recovery in 2021 with a 6.51% increase but declined slightly in 2022 and 2023 with reductions around 0.38%. Over the last five years, the compound annual growth rate has been negative at -1.59%, indicating a gradual decline in market volume.
Future trends to watch for include consumer preference shifts towards health-conscious and sustainable products, potential economic impacts on consumer spending, and the influence of local and international competitors in the Lithuanian market.
How does Lithuania rank in Sweet Biscuits and Gingerbread Market Size Volume?
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 630,420,000 | 2023 | +1.01% | +1.04% | View data |
| 2 | 2 Germany | 621,630,000 | 2023 | +0.3% | +1.35% | View data |
| 3 | 3 France | 525,290,000 | 2023 | +1.27% | +1.43% | View data |
| 4 | 4 Spain | 471,570,000 | 2023 | +1.53% | +1.1% | View data |
| 5 | 5 Belgium | 176,980,000 | 2023 | +3.18% | +0.68% | View data |
| 15 | 15 Denmark | 26,060,000 | 2023 | -1.36% | -1.36% | View data |
| 16 | 16 Finland | 23,720,000 | 2023 | -0.092% | -1.04% | View data |
| 17 | 17 Lithuania | 19,026,000 | 2023 | -0.38% | -1.59% | |
| 18 | 18 Slovenia | 18,104,000 | 2023 | +0.52% | +1.07% | View data |
| 19 | 19 Estonia | 7,811,300 | 2023 | -0.26% | +1.1% | View data |
