The oil-cake of vegetable fats or oils market size volume per capita in Lithuania stood at 86.69 kilograms in 2023. Over the past decade, the market has shown fluctuations, with a notable rise from 83.5 kilograms in 2018 to 88.3 kilograms in 2019, followed by a dip in 2020 at 77.6 kilograms. However, the market rebounded to reach 86.69 kilograms in 2023. Year-on-year, the market exhibited a 5.67% increase from 2022 to 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged 0.75% per year, indicating moderate growth.
Looking ahead, key trends to monitor include advancements in vegetable oil processing technologies, shifts in consumer dietary preferences towards plant-based products, and potential regulatory influences on oil-cake production. These factors could impact market dynamics, driving consumption and production patterns in Lithuania.
| # | 16 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 420.06 | 2023 | View data | ||
| 2 | 2 Spain | 153.41 | 2023 | View data | ||
| 3 | 3 France | 100.24 | 2023 | View data | ||
| 4 | 4 Poland | 92.05 | 2023 | View data | ||
| 5 | 5 Lithuania | 86.69 | 2023 | |||
| 6 | 6 Slovenia | 83.82 | 2023 | View data | ||
| 7 | 7 Finland | 80.62 | 2023 | View data | ||