The confectionery market in Romania demonstrated fluctuations between 2013 and 2023, culminating in a volume of 154.82 million kilograms in 2023. The market showed a significant decline in 2020 (-10.15%) and 2021 (-3.52%) due to global challenges, later rebounding by 16% in 2022 and continuing with a modest growth of 4.66% in 2023. Over the last five years, the CAGR was 1.28%, indicating gradual recovery and expansion.
For future trends, consider the potential impact of health-focused product innovations, sustainable packaging practices, and digital transformation efforts. Changing consumer preferences and regulatory shifts could further influence market dynamics in the coming years.
How does Romania rank in Confectionery Market Size Volume?
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,948,600,000 | 2023 | +0.053% | +0.79% | View data |
| 2 | 2 United Kingdom | 992,160,000 | 2023 | -0.26% | +0.088% | View data |
| 3 | 3 France | 819,960,000 | 2023 | -1.23% | -2.18% | View data |
| 4 | 4 Spain | 737,580,000 | 2023 | +1.48% | +0.84% | View data |
| 5 | 5 Italy | 623,390,000 | 2023 | -11.4% | -8.16% | View data |
| 6 | 6 Netherlands | 264,230,000 | 2023 | +0.51% | +0.22% | View data |
| 7 | 7 Poland | 262,450,000 | 2023 | -5.03% | -4.1% | View data |
| 8 | 8 Romania | 154,820,000 | 2023 | +4.66% | +1.28% | |
| 9 | 9 Portugal | 107,060,000 | 2023 | +2.59% | +2.11% | View data |
| 10 | 10 Hungary | 105,430,000 | 2023 | +2.84% | +0.88% | View data |
