The Romanian Sugar Confectionery Market reached a size of 171.64 million Euros in 2023. Over the past decade, the market has shown fluctuations with periods of growth and decline. Notably, from 2013 to 2016, the market experienced substantial growth, but it faced downturns in 2017, 2020, and 2021. The past two years have seen a recovery, with 2023 witnessing a 2.88% year-on-year increase. Over the past five years, the market achieved a Compound Annual Growth Rate (CAGR) of 2.04%, revealing modest expansion.
Future trends to watch include:
- Continued recovery and growth driven by innovation and consumer preferences.
- The impact of health trends promoting sugar-free alternatives.
- Potential effects of regulatory changes on the market dynamics.
- Technological advancements in production and distribution channels.
How does Romania rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | View data |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 9 | 9 Belgium | 194,130,000 | 2023 | +0.24% | -1.03% | View data |
| 10 | 10 Austria | 177,280,000 | 2023 | +1.61% | -0.36% | View data |
| 11 | 11 Romania | 171,640,000 | 2023 | +2.88% | +2.04% | |
| 12 | 12 Portugal | 154,120,000 | 2023 | +3.58% | +1.43% | View data |
| 13 | 13 Greece | 129,290,000 | 2023 | +0.84% | -0.42% | View data |
