Vermouth and other flavoured wine market in Lithuania

Earlier Report Observations

The market for vermouth and other flavoured wine in Lithuania expanded from $2.8 million in 2018 to $3.1 million in 2019, driven by a 1.6% increase in consumer interest for processed wine categories including vermouth. It then surged to $4.5 million in 2020 before stabilizing at $4.4 million in 2021.

In 2022, market volume dropped sharply to $2.0 million. Recovery began in 2023 with the market reaching $2.2 million, as rising imports indicated stronger demand. Growth continued in 2024 to $2.9 million, fueled by the global popularity of aromatized wines among millennials and a Lithuanian consumer shift toward premium and specialized products.

Production vermouth and other flavoured wine in Lithuania

In value, 2018-2021, K $ US

Lithuania's vermouth and other flavored wine production has grown for the second year in a row. In 2021, output reached 2 891 thousand US dollars, marking a significant 41.5% increase from the previous year. Looking at the period from 2018 to 2021, production surged by 89.5%, with an average annual growth rate of 23.7%. The lowest value was recorded in 2019 at 1 303 thousand US dollars, which also saw the largest decline of 14.6%. In contrast, the biggest increase occurred in 2020, with a jump of 56.7%.

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

In kind, 2018-2021, K l

From 2018 to 2021, Lithuania ranked as the 19th largest producer of vermouth and other flavored wine globally.

Top producers of vermouth and other flavoured wine, 2018-2021

World map of production of vermouth and other flavoured wine, 2018-2021

The market exhibited volatility during the observed period. Production volume hit its lowest point in 2019 at 913 thousand liters, while peaking in 2021 at 3 430 thousand liters, creating a 3.8-fold difference. In 2021, output rose sharply by 58.0% compared to the previous year. The largest decline was recorded in 2019 at 11.5%, whereas the most significant increase happened in 2020, with a surge of 137.9%.

Annual dynamics of production in Lithuania in kind, 2018-2021, K l

Exports vermouth and other flavoured wine from Lithuania

Exports in kind, K l

Market behavior was marked by volatility over these years. Export volumes dropped to a minimum in 2020 at 446 thousand liters and climbed to a maximum in 2021 at 1 152 thousand liters, representing a 2.6-fold shift. In 2021, cross-border shipments increased by 158.2% year-over-year. The largest decline occurred in 2019, falling by 14.7%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, K l

From 2018 to 2021, Belarus, Russia, and Latvia were the top destinations for Lithuania's vermouth and other flavored wine exports by volume. Belarus accounted for 33.4% of exports, Russia for 24.7%, and Latvia for 19.8%, together making up 77.9% 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

The market showed signs of volatility during the observed period. Export value reached its minimum in 2019 at 887 thousand US dollars and peaked in 2021 at 4 200 thousand US dollars, showing a 4.7-fold variation. In 2021, exports strengthened by 324.6% compared to the previous year. The largest decline was recorded in 2019, dropping by 18.6%.

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

Between 2018 and 2021, Belarus, Russia, and Latvia remained the main buyers of Lithuanian vermouth and other flavored wine by value. Belarus led with 55.5% of exports, followed by Russia at 15.6%, and Latvia at 12.5%, collectively forming 83.6% of total 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 vermouth and other flavoured wine to Lithuania

Imports in kind, K l

Lithuania's imports of vermouth and other flavored wine have increased for the third consecutive year. In 2021, imports totaled 2 326 thousand liters, showing a sharp gain of 36.8% compared to the previous year. Over the period from 2018 to 2021, imports grew by 84.4%, with an average annual growth rate of 22.6%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, K l

From 2018 to 2021, Italy, Germany, and Spain were the primary suppliers of vermouth and other flavored wine to Lithuania by volume. Italy contributed 39.2% of imports, Germany 29.7%, and Spain 22.1%, together comprising 91.1% of total 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

Lithuania's imports of vermouth and other flavored wine have risen for the third year in a row. In 2021, imports registered 5 755 thousand US dollars, corresponding to a sharp rise of 69.2% from 2020. Over the 2018-2021 period, imports increased by 138.4%, with an average annual growth rate of 33.6%.

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

Between 2018 and 2021, Italy, Germany, and Spain led as the top suppliers of vermouth and other flavored wine to Lithuania by value. Italy accounted for 62.3% of imports, Germany for 16.5%, and Spain for 11.4%, with their combined share reaching 90.2% 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