The Lithuanian confectionery market, expressed in volume, stood at 42.095 million kilograms in 2023. Over the last two years, the market exhibited minor fluctuations with a slight increase of 0.68% from 2022 to 2023. However, analyzing the last five years indicates a slightly positive trend with a CAGR of 1.33%. Historical data reflects varied annual changes, with notable growth in 2019 and a significant decline in 2020.
Future trends to watch for include:
- Increasing consumer inclination towards healthy and organic confectionery products.
- Potential impact of economic factors like inflation and household income on consumer spending.
- Innovation and flavor diversification by confectionery brands to capture market share.
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,948,600,000 | 2023 | +0.053% | +0.79% | View data |
| 2 | 2 United Kingdom | 992,160,000 | 2023 | -0.26% | +0.088% | View data |
| 3 | 3 France | 819,960,000 | 2023 | -1.23% | -2.18% | View data |
| 4 | 4 Spain | 737,580,000 | 2023 | +1.48% | +0.84% | View data |
| 5 | 5 Italy | 623,390,000 | 2023 | -11.4% | -8.16% | View data |
| 14 | 14 Greece | 84,159,000 | 2023 | +1.47% | +0.046% | View data |
| 15 | 15 Croatia | 49,373,000 | 2023 | +1.96% | +0.76% | View data |
| 16 | 16 Lithuania | 42,095,000 | 2023 | +0.68% | +1.33% | |
| 17 | 17 Estonia | 18,835,000 | 2023 | +0.17% | -0.59% | View data |
| 18 | 18 Latvia | 15,761,000 | 2023 | +3.29% | +0.67% | View data |
