The Lithuanian confectionery market has shown significant fluctuations from 2013 to 2023. After peaking in 2013, the market contracted sharply by 2014 and continued to experience variable growth patterns. Notably, from 2021 to 2023, the market stabilized with minor positive adjustments, reaching a value of 109.83 million Euros in 2023. Over the past five years, a slight contraction is evident with a CAGR of -1.73%.
Future trends to watch for:
- Potential recovery and stability in disposable income impacting confectionery purchasing power.
- Shifts towards healthier, sustainable products potentially influencing market dynamics.
- Technological advancements in production and packaging enhancing product appeal.
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,641,400,000 | 2023 | -1.68% | -0.58% | View data |
| 2 | 2 France | 6,374,900,000 | 2023 | +0.38% | -0.27% | View data |
| 3 | 3 United Kingdom | 6,088,300,000 | 2023 | -0.75% | +0.46% | View data |
| 4 | 4 Italy | 4,039,100,000 | 2023 | +3.02% | -3.47% | View data |
| 5 | 5 Spain | 3,579,100,000 | 2023 | +1.74% | +2% | View data |
| 15 | 15 Croatia | 247,270,000 | 2023 | +0.99% | +0.16% | View data |
| 16 | 16 Slovenia | 150,560,000 | 2023 | +2.58% | +1.79% | View data |
| 17 | 17 Lithuania | 109,830,000 | 2023 | +0.43% | -1.73% | |
| 18 | 18 Latvia | 101,640,000 | 2023 | +5.75% | +9.77% | View data |
