Since 2013, Lithuania's cereal flours market, excluding wheat or meslin, shows a general decline, reaching 8.88 million euros in 2023. The market saw fluctuations with significant drops in 2014 and 2017. Despite recovery in 2016, 2018, and 2021, the overall trend remains downward. The last two years exhibit incremental declines, with a 1.73% decrease in 2023. Over the past five years, the compound annual growth rate (CAGR) has averaged a 1.19% decline.
Future trends to watch include shifting consumer preferences toward alternative flours, innovations in product offerings, and potential impacts from the sustainable and organic food movements, potentially influencing market dynamics positively.
How does Lithuania rank in Cereal Flours (excluding wheat or meslin) Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 326,610,000 | 2023 | -2.85% | -2.63% | View data |
| 2 | 2 Germany | 253,290,000 | 2023 | +0.5% | +0.91% | View data |
| 3 | 3 Poland | 132,380,000 | 2023 | +2.87% | +5.27% | View data |
| 4 | 4 Spain | 97,019,000 | 2023 | -1.37% | -0.8% | View data |
| 5 | 5 Greece | 87,269,000 | 2023 | +1.72% | +1.68% | View data |
| 12 | 12 Czech Republic | 23,636,000 | 2023 | -2.83% | +0.06% | View data |
| 13 | 13 Slovenia | 11,416,000 | 2023 | +3.06% | +3.07% | View data |
| 14 | 14 Lithuania | 8,880,100 | 2023 | -1.73% | -1.19% | |
| 15 | 15 Croatia | 4,387,700 | 2023 | +0.83% | +1.5% | View data |