From 2013 to 2023, Lithuania's tea market size volume per capita has steadily increased from 0.34 to 0.42 kilograms. In 2023, the market stood at 0.42 kg per capita. Observing the trends over the past two years, the volume dipped by 7.14% in 2021 but rebounded by 7.89% in 2022 and stagnated in 2023. The average compound annual growth rate (CAGR) over the last five years is around 1.53%, indicating a moderate positive growth trajectory.
Looking ahead, watch for:
- Shifting consumer preferences towards organic and specialty teas.
- Economic factors influencing purchasing power and consumption patterns.
- Health trends driving demand for functional teas.
