Between 2013 and 2023, the market size volume for toffees, caramels, and similar sweets in Lithuania showed considerable fluctuations. The most notable decrease occurred in 2019 with a year-on-year change of -24.21%. Subsequent recovery attempts were mixed, with a recent two-year decline of -1.93% in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at -4.41%, indicating a contraction in market volume.
Looking forward, potential future trends in this market might include shifts towards healthier and more innovative sweet options, as consumer preferences evolve. Monitoring consumer sentiment towards traditional sweets versus these new entrants will be critical for understanding future market dynamics.
# | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 44,921,000 | 2023 | -0.4% | +0.42% | View data |
2 | 2 Italy | 38,767,000 | 2023 | +0.85% | +0.37% | View data |
3 | 3 Poland | 22,360,000 | 2023 | -5.17% | -3.62% | View data |
4 | 4 Germany | 9,941,600 | 2023 | -4.92% | -4.51% | View data |
5 | 5 France | 6,372,400 | 2023 | -3.99% | -4.38% | View data |
8 | 8 Portugal | 2,538,500 | 2023 | +0.74% | -0.92% | View data |
9 | 9 Hungary | 1,871,800 | 2023 | +4.03% | -1.38% | View data |
10 | 10 Lithuania | 1,514,700 | 2023 | -1.93% | -4.41% | |
11 | 11 Denmark | 1,491,100 | 2023 | +0.051% | +0.7% | View data |
12 | 12 Croatia | 1,373,800 | 2023 | -1.21% | -0.76% | View data |