The Greek confectionery market displayed fluctuating trends between 2013 and 2023, with a notable increase of 12.29% in 2013, followed by a period of volatility. The highest growth occurred in 2017 with a rise of 18.08%. The market reached a volume of 84.159 million kilograms in 2023, reflecting a modest year-on-year increase of 1.47% over the previous year. Compound annual growth rate (CAGR) analysis over the past five years shows near stagnation at 0.046% annually.
Future trends to watch for:
- Consumer preference shifts toward healthier snacks impacting traditional confectionery demand.
- Innovation in product offerings and packaging for sustainability could drive market growth.
- Potential economic challenges that could affect consumer spending in Greece.
How does Greece 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 |
| 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 |
| 14 | 14 Greece | 84,159,000 | 2023 | +1.47% | +0.046% | |
| 15 | 15 Croatia | 49,373,000 | 2023 | +1.96% | +0.76% | View data |
| 16 | 16 Lithuania | 42,095,000 | 2023 | +0.68% | +1.33% | View data |