The solid refined white sugar market in Romania has experienced fluctuating trends from 2013 to 2023, with a pronounced declining trajectory towards the latter years. In 2023, the market size was valued at 257.31 million Euros. Notably, the year-on-year variation indicates a negative trend, particularly over the last two years, with 2022 at -5.54% and 2023 further declining at -5.8%. Over the past five years, the compound annual growth rate (CAGR) was -1.12%, reflecting a contraction phase for the market.
Future trends to watch include:
- Impact of health-related sugar regulations.
- Shift in consumer preferences towards natural sweeteners.
- Potential exports and local production influences due to EU market dynamics.
