The analysis of the shelled groundnuts and nuts market in Lithuania indicates a gradual upward trend from 2013 to 2023, with the volume standing at 10.694 million kilograms in 2023. This reflects a significant increase from 2018 when the market experienced a dip. Over the past two years, the market has shown minor growth with year-on-year increases of around 0.53% for both 2022 and 2023. The compound annual growth rate over the last five years has reached 6.54%, highlighting a steady recovery and growth phase post-2018.
Future trends to watch for include the potential impacts of changing consumer preferences towards healthier snacks, leading to increased demand, along with shifts in global supply chains affecting import prices and availability. Environmental factors and sustainable farming practices might also influence the market dynamics and demand patterns in the coming years.
