Over the 2013-2023 period, Lithuania's confectionery market showed fluctuations in value per capita, beginning with a high of 56.79 Euros and dipping to a low of 37.04 Euros in 2020. By 2023, it partially recovered to 41.36 Euros. Year-on-year analysis reveals slight recovery with 2021 showing a marginal increase of 0.30% from 2020, and a 8.20% increase from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) indicates stagnation, averaging around 0.23% per year.
Future trends to watch for:
- Potential growth driven by consumers’ preference for high-quality, organic, or premium confectionery products.
- Impact of healthier lifestyle trends and sugar reduction on market dynamics.
- Role of innovation in product development and online retail expansion.
How does Lithuania rank in Confectionery Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 154.32 | 2023 | View data | ||
| 2 | 2 Denmark | 138.47 | 2023 | View data | ||
| 3 | 3 Germany | 100.13 | 2023 | View data | ||
| 4 | 4 France | 91.75 | 2023 | View data | ||
| 5 | 5 United Kingdom | 89.38 | 2023 | View data | ||
| 14 | 14 Czech Republic | 50.69 | 2023 | View data | ||
| 15 | 15 Greece | 49.97 | 2023 | View data | ||
| 16 | 16 Lithuania | 41.36 | 2023 | |||
| 17 | 17 Romania | 38.4 | 2023 | View data | ||
| 18 | 18 Hungary | 33.14 | 2023 | View data | ||
