The sparkling wine market in Lithuania has shown a consistent increase in value per capita from 2013 to 2023, reaching 16.52 Euros per capita in 2023. The growth accelerated particularly from 2018 onwards, with notable year-on-year increases, including 4.6% from 2021 to 2022 and 4.8% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) stands at approximately 6.1%, highlighting a steady rise in consumption and value appreciation.
Future trends to watch for include the potential impact of evolving consumer preferences towards premium and organic sparkling wines, as well as the influence of economic conditions and tourism on market dynamics. Additionally, how local producers adapt to environmental concerns and sustainability trends could play a crucial role. Monitoring these trends will be essential for understanding the market trajectory in the coming years.
How does Lithuania rank in Sparkling Wine Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 47.33 | 2023 | View data | ||
| 2 | 2 France | 47.13 | 2023 | View data | ||
| 3 | 3 Sweden | 25.44 | 2023 | View data | ||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
| 6 | 6 United Kingdom | 17.34 | 2023 | View data | ||
| 7 | 7 Lithuania | 16.52 | 2023 | |||
| 8 | 8 Denmark | 11.86 | 2023 | View data | ||
| 9 | 9 Spain | 10.51 | 2023 | View data | ||
