The market for hams and cured pork shoulders in Lithuania has shown a dynamic growth trajectory. From a volume perspective, the market stood at 2,429.1 thousand kilograms in 2023. A clear upward trend is noted, with a significant climb between 2017 to 2023, where a compound annual growth rate (CAGR) of 10.35% was achieved over the last five years. Year-on-year changes, however, show some volatility: a notable dip in 2021 followed by a recovery, indicating fluctuating demand and possible supply challenges or market corrections.
Future trends to watch for include:
- Impact of changing consumer preferences towards plant-based diets, potentially affecting market volumes.
- Economic factors and inflation, which could alter pricing and demand.
- Trade policies and import-export dynamics impacting market supply.
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41,344,000,000 | 2023 | +6.76% | +367.42% | View data |
| 2 | 2 Germany | 488,750,000 | 2023 | -0.87% | -1.12% | View data |
| 3 | 3 Italy | 475,690,000 | 2023 | +0.84% | +2.71% | View data |
| 4 | 4 Spain | 204,900,000 | 2023 | +0.94% | +1.74% | View data |
| 5 | 5 United Kingdom | 104,550,000 | 2023 | +0.12% | -0.79% | View data |
| 13 | 13 Croatia | 4,901,100 | 2023 | -1.9% | +0.57% | View data |
| 14 | 14 Latvia | 4,413,700 | 2023 | -1.55% | -1.22% | View data |
| 15 | 15 Lithuania | 2,361,000 | 2023 | +6.88% | +10.35% | |
| 16 | 16 Finland | 2,288,400 | 2023 | -7.1% | -2.69% | View data |
| 17 | 17 Estonia | 2,076,800 | 2023 | -5.01% | -3.62% | View data |
