Crispbread, rusks, toasted bread and similar toasted products market in Lithuania

Earlier Report Observations

Between 2018 and 2024, the physical volume of the crispbread, rusks, and toasted bread market in Lithuania expanded from 6 916 tonnes to 8 209 tonnes, an overall increase of 19%. Growth was not uniform, with the market reaching a peak of 8 485 tonnes in 2022 before a slight contraction to 8 020 tonnes in 2023 and a recovery the following year.

In monetary terms, the market value demonstrated a stronger upward trend, rising from 14.6 million USD in 2018 to 20.5 million USD in 2024, a 40% growth. The most notable jump occurred in 2023, when the market value surged by 38% year-on-year to exceed 20 million USD, indicating a shift in product mix or cost structures.

Production crispbread, rusks and toasted bread in Lithuania

In value, 2018-2021, K $ US

In Lithuania, the production value of crispbread, rusks, toasted bread, and similar toasted products reached 23 357 thousand US dollars in 2021, marking a 2.6% increase from the previous year. Over the period from 2018 to 2021, production grew by 2.5%, which translates to an annualized rate of 0.8%. The lowest value was recorded in 2020 at 22 776 thousand US dollars, with the largest decline of 1.5% occurring that same year.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

In kind, 2018-2021, t

Lithuania produced 15 308 tonnes of crispbread, rusks, toasted bread, and similar toasted products in 2021, representing a 7.9% rise compared to the previous year. From 2018 to 2021, production increased by 9.2%, equating to an annualized growth rate of 3.0%. The largest decline was observed in 2020, with a drop of 2.3%.

Annual dynamics of production in Lithuania in kind, 2018-2021, t

Exports crispbread, rusks and toasted bread from Lithuania

Exports in kind, t

In 2021, exports of crispbread, rusks, toasted bread, and similar toasted products from Lithuania totaled 9 235 tonnes, showing a 5.8% year-over-year increase. Between 2018 and 2021, exports grew by 6%, with a compound annual growth rate (CAGR) of 2.0%. The highest export volume was recorded in 2019 at 9 629 tonnes, which also saw the largest increase of 10.5%. In contrast, the largest decline occurred in 2020, with a decrease of 9.4%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Russia, Poland, and Latvia were the key export destinations for these products in terms of volume. Russia accounted for 38.5% of exports, Poland for 17.5%, and Latvia for 7.6%, collectively representing 63.6% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

Exports of crispbread, rusks, toasted bread, and similar toasted products from Lithuania have increased for the third consecutive year. In 2021, export value amounted to 15 038 thousand US dollars, a 6.6% rise from the previous year. Over the 2018-2021 period, exports surged by 23.9%, corresponding to an annualized rate of 7.4%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

Between 2018 and 2021, no single market dominated the export value of these products. Russia held 19.5% of exports in value terms, Sweden 12.0%, and Denmark 10.5%, together accounting for 41.9% of total export value. Many smaller partners each contributed modest individual shares.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports crispbread, rusks and toasted bread to Lithuania

Imports in kind, t

Lithuania imported 2 410 tonnes of crispbread, rusks, toasted bread, and similar toasted products in 2021, marking a 25.5% increase from 2020. Over the 2018-2021 period, imports grew by 41.7%, with an annualized rate of 12.3%. The highest import volume was recorded in 2019 at 2 410 tonnes, which also experienced the largest increase of 49.9%. The largest decline occurred in 2020, with a drop of 24.7%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, Latvia, Germany, and Poland were the principal sources of imports in terms of volume. Latvia accounted for 30.6% of imports, Germany for 29.6%, and Poland for 8.6%, jointly making up 68.8% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

In 2021, imports of crispbread, rusks, toasted bread, and similar toasted products into Lithuania reached 5 050 thousand US dollars, reflecting a strong 22.1% increase from the previous year. Between 2018 and 2021, imports rose by 29.2%, equating to an annualized growth rate of 8.9%. The largest decline was recorded in 2020, with a decrease of 7.4%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

Over the 2018-2021 period, Latvia, Germany, and Poland were the main suppliers in value terms. Latvia contributed 37.1% of import value, Germany 15.5%, and Poland 12.6%, together comprising 65.2% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021