The Lithuanian seafood market size volume per capita has shown a general upward trend from 2013 through 2023, standing at 53.57 kilograms per capita in 2023. Despite fluctuations in individual years, including a notable dip in 2020, the last two years saw robust increases of 7.0% from 2021 to 2022, and a further 1.6% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years is approximately 2.2%, indicating steady growth in consumer seafood consumption.
Future trends to watch for include:
- Impact of sustainability practices and eco-friendly certifications on consumer preferences.
- Influence of health and wellness trends boosting demand for seafood as a protein source.
- Potential supply chain enhancements impacting availability and prices.