Frozen Fruit Market Overview in Lithuania
In value terms, frozen fruit production amounted to $ in 2018 estimated in export prices. Over the period under review, the total production indicated a resilient increase from 2007 to 2018: its value decreased at an average annual rate of -% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, production increased by +% against 2014 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. Lithuania production peaked in 2018 and is expected to retain growth in years to come.
The value of the frozen fruit market in Lithuania was estimated at $ in 2018, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a perceptible setback. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2012 to 2018, the growth of the market failed to regain the momentum.