Production of Crispbread in Lithuania - 2022
Crispbread Production in Lithuania - 2022
In 2022, production of crispbread decreased by -5.6% to 2.9K tons, falling for the third year in a row after three years of growth. Overall, production recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 4.9% against the previous year. As a result, production reached the peak volume of 3.4K tons. From 2020 to 2022, production growth remained at a lower figure.
In value terms, crispbread production expanded sharply to $13M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2017 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.
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This report provides an in-depth analysis of the market for rusks and toasted bread in Lithuania.
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