The margarine market in Lithuania showed a general decline from 2013 to 2023, with per capita consumption decreasing from 4.01 kg to 3.03 kg. The market registered several fluctuations, notably a notable drop in 2020 to 3.1 kg, followed by a brief increase in 2021 to 3.5 kg before decreasing again to 3.03 kg in 2023. Year-on-year variations indicate a -2.3% decline in 2022, and a -2.3% decrease in 2023. Over the last five years, the compound annual growth rate was a negative trend, showing consistent contraction.
Future trends to watch for:
- Market stabilization or possible revival, depending on health trends and economic factors.
- Potential shifts towards plant-based alternatives impacting margarine consumption.
- Changes in consumer preferences for healthier dietary fats.
How does Lithuania rank in Margarine Market Size Volume Per Capita?
| # | 10 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 8.82 | 2023 | View data | ||
| 2 | 2 Finland | 6.96 | 2023 | View data | ||
| 3 | 3 Hungary | 6.51 | 2023 | View data | ||
| 4 | 4 United Kingdom | 4.86 | 2023 | View data | ||
| 5 | 5 Germany | 3.69 | 2023 | View data | ||
| 6 | 6 Croatia | 3.68 | 2023 | View data | ||
| 7 | 7 Lithuania | 3.03 | 2023 | |||
| 8 | 8 Romania | 2.96 | 2023 | View data | ||
| 9 | 9 France | 2.91 | 2023 | View data | ||
