Between 2013 and 2023, the Prepared or Preserved Potatoes market in Lithuania saw considerable growth, reaching a market volume of 8.5394 million kilograms in 2023. The market showed fluctuations with strong growth notably in the period 2014-2017, and a dip in 2018-2019.
Year-on-year growth was strong and consistent, particularly noticeable with a rise of 4.99% in 2022 and 4.55% in 2023. The cumulative average growth rate (CAGR) over the last five years was relatively modest at 1.74%, showing more stability in recent years.
Future trends to watch include potential impacts from agricultural policy changes, evolving consumer preferences towards convenience and health, and possible supply chain pressures due to global changes, which could further shape market dynamics. Monitoring these factors will be crucial for anticipating future movements in market volume.
How does Lithuania rank in Prepared or Preserved Potatoes Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 468,030,000 | 2023 | -0.99% | -0.67% | View data |
| 2 | 2 France | 218,660,000 | 2023 | -0.13% | -2.38% | View data |
| 3 | 3 United Kingdom | 177,370,000 | 2023 | +0.26% | -0.8% | View data |
| 4 | 4 Spain | 101,400,000 | 2023 | +7.34% | +7.21% | View data |
| 5 | 5 Sweden | 68,583,000 | 2023 | +2.28% | +0.6% | View data |
| 12 | 12 Austria | 10,285,000 | 2023 | -0.14% | -0.95% | View data |
| 13 | 13 Slovakia | 9,009,900 | 2023 | +6.77% | +0.98% | View data |
| 14 | 14 Lithuania | 8,539,400 | 2023 | +4.55% | +1.74% | |
| 15 | 15 Croatia | 7,003,200 | 2023 | +2.82% | +2.92% | View data |
| 16 | 16 Bulgaria | 6,441,900 | 2023 | +7.73% | +10.72% | View data |