The Finnish confectionery market size, measured in million kilograms, has seen fluctuating trends over the past decade. Between 2012 to 2015, the market experienced a mix of growth and contraction, with notable decreases in 2014 and 2016. From 2017, the market rebounded with consistent positive gains leading up to 2022. The period from 2018 to 2022 showcased relatively steady growth, marked by a year-on-year increase in the market size, peaking at 104.17 million kilograms in 2022. Overall, the five-year Compound Annual Growth Rate (CAGR) leading up to 2022 was calculated at 0.85%.
Recent trends over the last two years (2021-2022) reveal modest growth with year-on-year variations of 1.72% and 0.21%, respectively. In 2023, the market stood slightly above 2022 values, suggesting continual modest growth.
Future trends to watch for include the impact of consumer preferences shifting towards healthier and more sustainable options, the potential influence of economic factors such as inflation, and innovations in confectionery products. With an increasing focus on premium and diversified product lines, the market could see further segmentation and targeted growth areas.
How does Finland 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 |
| 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 |
| 11 | 11 Finland | 100,860,000 | 2023 | -0.14% | +0.76% | |
| 12 | 12 Czech Republic | 98,912,000 | 2023 | +2.45% | +4.72% | View data |
| 13 | 13 Denmark | 97,212,000 | 2023 | +0.15% | +0.021% | View data |
