In 2023, Germany leads in the European production of sugar confectionery containing cocoa with the highest value of 332.7 million Euros, followed by Poland and Spain. Notable growth from 2022 to 2023 was seen in Italy, Hungary, and Bulgaria. However, the United Kingdom and Lithuania experienced declines, indicating possible market shifts or competitive challenges.
Looking ahead, focus areas include monitoring the continued growth trends in Eastern Europe, particularly Hungary and Poland, as these markets may become more influential. Additionally, understanding consumption patterns post-Brexit in the UK and its production dynamics will be critical for future strategies.
Top countries in Sold Production of Sugar Confectionery Containing Cocoa by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 332,700,000 | 2023 | +1.69% | +1.55% | View data |
| 2 | 2 Poland | 285,780,000 | 2023 | +1.99% | +1.74% | View data |
| 3 | 3 Spain | 38,261,000 | 2023 | +2.18% | +3.4% | View data |
| 4 | 4 Austria | 35,297,000 | 2021 | +9.25% | View data | |
| 5 | 5 Denmark | 30,529,000 | 2023 | +1.65% | +2.02% | View data |
| 6 | 6 United Kingdom | 29,473,000 | 2023 | -4.55% | -4.43% | View data |
| 7 | 7 Estonia | 22,558,000 | 2023 | +3.97% | +0.39% | View data |
| 8 | 8 Sweden | 16,743,000 | 2023 | +3.61% | -0.96% | View data |
| 9 | 9 Italy | 16,095,000 | 2023 | -0.18% | +7.07% | View data |
| 10 | 10 Finland | 14,614,000 | 2023 | -2.54% | +3.86% | View data |
