The Lithuanian potatoes market has shown a steady growth over the past decade, with its value per capita increasing from 7.2 Euros in 2013 to 17.95 Euros in 2023. The market experienced notable growth particularly between 2016 and 2017, with more stable yet continued increases in subsequent years. Over the last two years, the year-on-year growth rate was approximately 10% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years is around 4.49%, indicating a steady increase.
Looking ahead, key trends to watch for include the impact of evolving consumer preferences, potential changes in agricultural policies, and the effects of climate change on production yields. Continued innovation in potato-based products and sustainable farming practices could further influence market dynamics positively.
How does Lithuania rank in Potatoes Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 46.18 | 2023 | View data | ||
| 2 | 2 Finland | 44.48 | 2023 | View data | ||
| 3 | 3 Sweden | 38.52 | 2023 | View data | ||
| 4 | 4 Denmark | 34.88 | 2023 | View data | ||
| 5 | 5 Estonia | 28.5 | 2023 | View data | ||
| 8 | 8 Italy | 19.24 | 2023 | View data | ||
| 9 | 9 Croatia | 18.43 | 2023 | View data | ||
| 10 | 10 Lithuania | 17.95 | 2023 | |||
| 11 | 11 Hungary | 15.04 | 2023 | View data | ||
| 12 | 12 Spain | 14.56 | 2023 | View data | ||
