The Lithuanian preserved vegetables market experienced fluctuations from 2013 to 2023, with the per capita value rising from €12.08 in 2013 to €22.54 in 2023. Notably, the market saw a substantial increase between 2017 and 2020, with double-digit growth in some years. Although there was a slight dip in 2021, the market rebounded by 2023, reflecting a steady upward trend over the decade.
Recent years followed this trend, with a year-on-year increase of 7.68% in 2022 and 4.40% in 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 stands at 5.94%, indicating robust market expansion.
Looking ahead, factors such as evolving culinary preferences, increased interest in health-conscious eating, and innovation in preservation techniques could drive growth. Watch for shifts in consumer preferences towards organic or locally-sourced preserved vegetables, which may impact market dynamics.
How does Lithuania rank in Preserved Vegetables Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 91.15 | 2023 | View data | ||
| 2 | 2 Italy | 83.99 | 2023 | View data | ||
| 3 | 3 Finland | 83.38 | 2023 | View data | ||
| 4 | 4 Spain | 54.98 | 2023 | View data | ||
| 5 | 5 France | 48.15 | 2023 | View data | ||
| 9 | 9 Germany | 29.67 | 2023 | View data | ||
| 10 | 10 Bulgaria | 28.95 | 2023 | View data | ||
| 11 | 11 Lithuania | 22.54 | 2023 | |||
| 12 | 12 Denmark | 21.32 | 2023 | View data | ||
| 13 | 13 Ireland | 18.07 | 2023 | View data | ||
