The Vodka market size value per capita in Lithuania has been on a consistent decline from €20.19 in 2013 to €14.25 in 2023. This represents a decline of approximately 29.45% over this period. From 2022 to 2023, there was a decrease of 2%, while the year-on-year change from 2021 to 2022 stood at 2.02%. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 marked a decline of approximately 2.18% per year.
Future trends to watch for:
- Shifting consumer preferences towards lower consumption of spirits or alternatives like low-alcohol beverages.
- Increased regulatory interventions or taxation policies affecting consumption patterns.
- Ongoing health and wellness trends driving demand for premium and organic vodka brands.