Margarine market in Lithuania

Earlier Report Observations

Lithuania's margarine market volume fluctuated between 6.8 thousand tons and 7.7 thousand tons from 2018 to 2024, while its value rose from $9.8 million to $12.5 million. The market volume peaked in 2019, then declined in 2020 and again sharply in 2022 before a partial recovery. Early in the period, a decrease in exports helped maintain domestic product availability.

A pronounced volume contraction to 6.8 thousand tons occurred in 2022, driven by high inflation that made consumers more cautious and by sustained media advertising that portrayed margarine as less healthy than butter, directly reducing consumption. This drop in volume was accompanied by a surge in market value to $13.3 million, reflecting significant price increases during that year.

After 2022, market volume recovered to 7.4 thousand tons by 2024 as consumption patterns stabilized, while market value retreated, indicating a normalization of prices. The growing importance of discount retailers in the Lithuanian retail landscape during this period provided more price-sensitive options, influencing distribution channels.

Production margarine in Lithuania

In value, 2018-2021, K $ US

Margarine production in Lithuania rebounded in 2021 after two consecutive years of decline. Output reached 14 512 thousand US dollars, representing a 22.6% increase compared to the previous year. Over the 2018-2021 period, production grew by 11.5%, with an average annual growth rate of 3.7%. The lowest production value was recorded in 2020 at 11 839 thousand US dollars, while the most significant decline occurred in 2019 with a 6.0% drop.

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

In kind, 2018-2021, t

Lithuania's margarine production volume continued its downward trend for the second year in a row. In 2021, the country produced 10 494 tons, showing a modest 2.6% decrease from the previous year. Throughout the 2018-2021 period, production fell by 10.9%, translating to an average annual decline of 3.8%. Production peaked in 2019 at 11 880 tons, followed by the most substantial drop of 9.3% in 2020. The only increase during this period was a slight 0.9% rise in 2019.

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

Exports margarine from Lithuania

Exports in kind, t

Margarine exports from Lithuania showed signs of recovery in 2021 after two years of contraction. Export volumes reached 7 428 tons, marking a 1.6% increase compared to 2020. However, over the 2018-2021 period, exports declined by 15.5%, with an average annual decrease of 5.5%. The lowest export volume was recorded in 2020 at 7 312 tons, which also saw the most significant decline of 15.6%.

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

During the 2018-2021 period, Latvia, Estonia, and Hungary consistently served as the primary destinations for Lithuania's margarine exports by volume. Latvia accounted for 28.7% of exports, Estonia for 22.8%, and Hungary for 16.1%. Together, these three countries represented 67.6% of Lithuania's total margarine 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

Margarine exports from Lithuania experienced a strong recovery in 2021 following two years of decline. Export value surged to 9 467 thousand US dollars, reflecting a substantial 24.5% increase compared to 2020. The lowest export value was recorded in 2020 at 7 606 thousand US dollars, which also saw the most significant decline of 14.0%.

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

From 2018 to 2021, Latvia, Estonia, and Czechia dominated Lithuania's margarine exports by value. Latvia accounted for 29.2% of export value, Estonia for 26.7%, and Czechia for 12.8%. Collectively, these three markets represented 68.7% of Lithuania's total margarine export value.

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

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

Imports margarine to Lithuania

Imports in kind, t

Lithuania's margarine imports rebounded strongly in 2021 after two years of decline. Import volume reached 4 541 tons, representing a solid 22.7% increase compared to the previous year. Despite this recovery, imports decreased by 3.7% over the 2018-2021 period, with an average annual decline of 1.3%. The lowest import volume was recorded in 2020 at 3 700 tons, which also experienced the most significant drop of 18.4%.

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

Between 2018 and 2021, Poland, Germany, and Denmark were the leading sources of margarine imports to Lithuania by volume. Poland accounted for 51.9% of imports, Germany for 22.6%, and Denmark for 7.7%. Together, these three countries supplied 82.1% of Lithuania's total margarine import volume.

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

Margarine imports to Lithuania surged in 2021 after two years of decline. Import value reached 5 817 thousand US dollars, representing a substantial 44.0% increase compared to the previous year. However, over the 2018-2021 period, imports decreased by 4.4%, equating to an average annual decline of 1.5%. The lowest import value was recorded in 2020 at 4 040 thousand US dollars, which also saw the most significant drop of 25.4%.

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

From 2018 to 2021, Poland, Germany, and Denmark dominated Lithuania's margarine imports by value. Poland accounted for 57.4% of import value, Germany for 20.0%, and Denmark for 7.1%. Collectively, these three countries represented 84.5% of Lithuania's total margarine 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