Throughout the past decade, Lithuania's beer market has experienced a declining trend in volume, with the 2023 value standing at 265.38 million liters. The market saw significant contraction from 2013 to 2017, with an especially sharp decline of 8.35% in 2017. A minor recovery occurred between 2018 and 2021, highlighted by a 4.32% increase in 2021. However, this growth was short-lived, as the market volume dipped again in 2022 and 2023. Over the last five years, the compound annual growth rate registered a negative 0.45%, evidencing an overall slow decline.
Future trends to watch for include:
- Potential growth in craft beer and local breweries expanding their market share.
- Shifts in consumer preferences towards non-alcoholic and low-alcohol beer options.
- Impact of health and wellness trends on overall beer consumption.
- Regulatory changes and their effects on the beer industry's future market dynamics.
How does Lithuania rank in Beer Market Size Volume?
| # | 21 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,778,400,000 | 2023 | -0.89% | -2.54% | View data |
| 2 | 2 United Kingdom | 5,034,600,000 | 2023 | -0.46% | -0.18% | View data |
| 3 | 3 Spain | 4,436,500,000 | 2023 | +1.85% | +1.95% | View data |
| 4 | 4 Poland | 3,482,100,000 | 2023 | -1.17% | -1.83% | View data |
| 5 | 5 France | 2,527,800,000 | 2023 | +1.58% | +1.7% | View data |
| 17 | 17 Slovakia | 340,960,000 | 2023 | -0.8% | -2.06% | View data |
| 18 | 18 Croatia | 337,040,000 | 2023 | +0.0099% | -0.33% | View data |
| 19 | 19 Lithuania | 265,380,000 | 2023 | -1.5% | -0.45% | |
| 20 | 20 Latvia | 160,750,000 | 2023 | +0.39% | -0.22% | View data |
| 21 | 21 Estonia | 95,529,000 | 2023 | -0.89% | -1.97% | View data |