The Solid Refined Sugar Market in Spain exhibited significant fluctuations from 2012 to 2022, with marked year-on-year variations. While the market saw substantial gains in the early to mid-2010s, growth showed volatility thereafter. Noteworthy trends include a strong increase in 2018 (+12.95%) and a notable decline in 2020 (-11.09%), followed by relatively stable yet minimal changes from 2020 to 2022. On average, the last five years showed a modest recovery with a Compound Annual Growth Rate (CAGR) of approximately 0.57%.
Future trends to watch for:
- Potential impacts of health regulations and consumer shifts towards low-sugar diets.
- Market stabilization and slow growth patterns expected as health-conscious choices sway consumer preferences.
- External factors such as climatic conditions and international trade policies influencing production and pricing.
# | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 2,796,400,000 | 2023 | -1.97% | -2.13% | View data |
2 | 2 France | 1,878,000,000 | 2023 | +0.8% | -0.83% | View data |
3 | 3 Italy | 1,713,500,000 | 2023 | +2.48% | -0.29% | View data |
4 | 4 Spain | 1,403,800,000 | 2023 | +3.52% | +0.52% | |
5 | 5 Romania | 524,950,000 | 2023 | +3.04% | +2.21% | View data |
6 | 6 Czech Republic | 375,910,000 | 2023 | +0.48% | +1.44% | View data |