From 2013 to 2023, Latvia's non-chocolate sweet biscuits market size per capita exhibited a growth trajectory, peaking in 2021 at 14.27 Euros and slightly adjusting to 14.06 Euros in 2023. Compared to the previous year, 2023 saw a marginal decline of 1.68%. The compound annual growth rate over the past five years stands at 1.28%, indicating steady expansion with occasional fluctuations due to economic factors. The market resumed an upward trend post-2020, possibly driven by shifting consumer preferences.
Future trends to watch for:
- The impact of health and wellness trends on product innovation.
- Potential market expansion with rising disposable income.
- Technological advancements in e-commerce aiding distribution.
How does Latvia rank in Non Chocolate Sweet Biscuits Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 29.92 | 2023 | View data | ||
| 2 | 2 Belgium | 23 | 2023 | View data | ||
| 3 | 3 Italy | 20.38 | 2023 | View data | ||
| 4 | 4 Portugal | 19.48 | 2023 | View data | ||
| 5 | 5 Ireland | 19.26 | 2023 | View data | ||
| 7 | 7 Slovenia | 14.72 | 2023 | View data | ||
| 8 | 8 Spain | 14.38 | 2023 | View data | ||
| 9 | 9 Latvia | 14.06 | 2023 | |||
| 10 | 10 Estonia | 11.5 | 2023 | View data | ||
| 11 | 11 Germany | 11.26 | 2023 | View data | ||
