In 2023, Lithuania led the European Fruit and Vegetables Processing Production Index with a notable value of 17.69, followed by Latvia at 12.96 and Greece at 12.01. Western European giants like France, Germany, Italy, and Spain recorded lower index values ranging from 9.82 to 10.32. Year-on-year, 2022 saw significant growth in Lithuania (10.36%) and moderate increases in Latvia and Greece (3.71% each), while France, Germany, Italy, and Spain experienced slight declines. The Compound Annual Growth Rate (CAGR) over the past five years reveals a stable to slightly positive trend for the eastern European countries, contrasting with minor drops or stagnation in the more mature western markets.
Future trends indicate potential shifts in production dynamics as emerging economies like Lithuania and Latvia embrace technological advancements and sustainability practices, potentially outpacing traditionally dominant countries. Monitoring policy changes, climate impact, and supply chain innovations should be prioritized.
Top countries in Fruit Processing and Vegetables Processing Production Index by Country
| # | 7 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 176.9 | 2022 | +5.93% | +10.36% | View data |
| 2 | 2 Latvia | 129.6 | 2022 | -0.38% | +3.71% | View data |
| 3 | 3 Greece | 120.1 | 2022 | +6.47% | +3.71% | View data |
| 4 | 4 France | 103.2 | 2022 | +1.67% | -0.36% | View data |
| 5 | 5 Germany | 99.4 | 2022 | +1.12% | -0.57% | View data |
| 6 | 6 Italy | 98.5 | 2022 | +3.25% | -0.22% | View data |
| 7 | 7 Spain | 98.2 | 2022 | -2.09% | -0.62% | View data |
