The sugar market in Estonia has shown significant growth from 2013 to 2023, reaching 46.427 million kilograms by 2023. The market experienced its most substantial annual increase in 2014 at 12.44%, with modest growth and fluctuations in subsequent years.
Over the last two years, 2021 to 2023, the market showed recovery and growth with year-on-year increases of 4.26% and 4.01%, respectively. The five-year CAGR of 1.24% suggests a steady, though moderate, increase in market size.
Future trends to monitor include potential shifts in sugar consumption due to health concerns, changes in EU sugar policies affecting production and imports, and technological advancements in sugar alternatives potentially influencing market demand.
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,807,500,000 | 2023 | -0.34% | -1.29% | View data |
| 2 | 2 Italy | 2,542,000,000 | 2023 | -1.43% | -0.19% | View data |
| 3 | 3 Belgium | 2,027,200,000 | 2023 | +1.33% | +2.29% | View data |
| 4 | 4 United Kingdom | 1,375,400,000 | 2023 | -0.79% | -0.94% | View data |
| 5 | 5 Denmark | 793,110,000 | 2023 | +1.74% | +0.94% | View data |
| 7 | 7 Greece | 359,560,000 | 2023 | -0.41% | +0.31% | View data |
| 8 | 8 Slovenia | 70,510,000 | 2023 | -1.26% | +1.12% | View data |
| 9 | 9 Estonia | 46,427,000 | 2023 | +4.01% | +1.24% | |
