The Lithuanian potato market observed a steady upward trend from 2013 to 2023, reaching a volume of 21.985 million kilograms in 2023. The year-on-year growth in 2023 was marked at 3.09%, while the compound annual growth rate (CAGR) over the past five years stood at 3.99%. Significant growth spurts were seen in the early years, with a peak year-on-year increase of 32.17% in 2013, tapering off to more moderate growth thereafter. Recent years have shown stability in the market with incremental growth percentages.
Future trends in the Lithuanian potato market should consider potential impacts from climate change, technological advancements in agriculture, and evolving dietary patterns that could influence potato consumption and production. Additionally, trade policies and global market dynamics may also play pivotal roles in shaping the market's trajectory.
How does Lithuania rank in Potatoes Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,088,000,000 | 2023 | +0.24% | +0.44% | View data |
| 2 | 2 Italy | 788,950,000 | 2023 | +1.84% | +3.39% | View data |
| 3 | 3 France | 514,810,000 | 2023 | -0.71% | -1.06% | View data |
| 4 | 4 Spain | 372,450,000 | 2023 | -0.0036% | -1.01% | View data |
| 5 | 5 Poland | 271,730,000 | 2023 | +3.97% | +2.36% | View data |
| 12 | 12 Croatia | 36,476,000 | 2023 | +2.85% | +3.45% | View data |
| 13 | 13 Slovakia | 36,454,000 | 2023 | +3.85% | +6.95% | View data |
| 14 | 14 Lithuania | 21,985,000 | 2023 | +3.09% | +3.99% | |
| 15 | 15 Estonia | 17,536,000 | 2023 | +8.13% | +2.85% | View data |
| 16 | 16 Slovenia | 14,612,000 | 2023 | +1.46% | -0.63% | View data |
