The Hungarian sugar confectionery containing cocoa market exhibited significant growth over the past decade, with a volume reaching 1835.4 thousand kilograms in 2023. Notably, the market saw a substantial year-on-year increase from 2016 to 2021 but experienced a mild decline in 2022 before rebounding in 2023. The compound annual growth rate (CAGR) over the past five years was a steady 7.12%, indicating overall positive momentum despite occasional fluctuations.
Future trends to observe include:
- Potential impacts of economic conditions on consumer purchasing behavior.
- Increasing demand for premium and organic confectionery products.
- Emergence of health-conscious alternatives influencing market dynamics.
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 72,590,000 | 2023 | +0.68% | +1.92% | View data |
| 2 | 2 Poland | 46,225,000 | 2023 | -1.92% | -0.2% | View data |
| 3 | 3 United Kingdom | 31,666,000 | 2023 | +1.39% | +1.13% | View data |
| 4 | 4 Spain | 10,586,000 | 2023 | +0.99% | +0.06% | View data |
| 5 | 5 Sweden | 5,119,500 | 2023 | -2.49% | -2.39% | View data |
| 9 | 9 Estonia | 3,193,400 | 2023 | +2.6% | +0.37% | View data |
| 10 | 10 Portugal | 2,605,200 | 2023 | +2.03% | +4.7% | View data |
| 11 | 11 Hungary | 1,835,400 | 2023 | +3.29% | +7.12% | |
| 12 | 12 Croatia | 1,460,300 | 2023 | -1.82% | -1.28% | View data |
| 13 | 13 Slovakia | 1,025,200 | 2023 | -0.48% | +0.063% | View data |
