The Romanian sugar confectionery market experienced fluctuations in volume over the past decade, reaching 40.916 million kilograms in 2023. From 2013 to 2016, the market saw consistent growth, peaking in 2016. A downward adjustment occurred post-2017 with a decline in volumes until 2020, followed by a gradual recovery in subsequent years. Year-on-year growth for 2022 was 1.41%, with the succeeding year's growth at 1.37%. The five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 stood at -1.26%, indicating a slight decrease in average market volume.
Future trends to watch in the Romanian sugar confectionery market include increasing consumer health consciousness driving demand for lower sugar and natural ingredient products, potential growth in premium confectionery segments, and the impact of economic factors on consumer spending habits and preferences.
How does Romania rank in Sugar Confectionery Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 498,970,000 | 2023 | +0.1% | -0.38% | View data |
| 2 | 2 United Kingdom | 403,890,000 | 2023 | +0.63% | +1.22% | View data |
| 3 | 3 France | 212,400,000 | 2023 | -0.47% | -1.18% | View data |
| 4 | 4 Spain | 187,490,000 | 2023 | +1.49% | +0.78% | View data |
| 5 | 5 Italy | 171,120,000 | 2023 | +0.22% | +0.86% | View data |
| 9 | 9 Denmark | 43,924,000 | 2023 | +0.99% | +0.56% | View data |
| 10 | 10 Portugal | 41,921,000 | 2023 | +2.06% | +1.47% | View data |
| 11 | 11 Romania | 40,916,000 | 2023 | +1.37% | -1.26% | |
| 12 | 12 Sweden | 39,805,000 | 2023 | +2.2% | -3.37% | View data |
| 13 | 13 Austria | 28,241,000 | 2023 | -6.33% | -5.11% | View data |
