The Wheat Groats and Meal market in Lithuania reached a value of 1,404.7 thousand Euros in 2023. In recent years, the market showcased fluctuating growth, exemplified by year-on-year increases of 2.89% in 2023 and 3.15% in 2022. A compound annual growth rate (CAGR) of 2.91% was observed over the past five years. The period experienced ups and downs, but the long-term trend points to consistent, albeit modest, growth.
Future trends to watch for include:
- Potential impact of economic shifts on consumer spending
- Changes in agricultural policies and regulations
- Effect of global trade dynamics on local markets
- Innovation in wheat processing technologies
How does Lithuania rank in Wheat Groats and Meal Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 185,090,000 | 2023 | -1.02% | +3.36% | View data |
| 2 | 2 Spain | 126,640,000 | 2023 | +0.23% | +1.07% | View data |
| 3 | 3 France | 103,280,000 | 2023 | -2.05% | -1.48% | View data |
| 4 | 4 Austria | 25,934,000 | 2023 | +1.35% | +2.21% | View data |
| 5 | 5 Greece | 12,304,000 | 2023 | -1.22% | -2.21% | View data |
| 6 | 6 Croatia | 11,690,000 | 2023 | +0.33% | -0.15% | View data |
| 7 | 7 Bulgaria | 1,686,000 | 2023 | -3.73% | -3.99% | View data |
| 8 | 8 Lithuania | 1,404,700 | 2023 | +2.89% | +2.91% |
