The Romanian toffees, caramels, and similar sweets market experienced fluctuations between 2013 and 2023. Over this period, market volume peaked in 2018, driven by a 12.33% increase. However, it showed a general decline from 2019 onwards, culminating at approximately 4.025 million kilograms in 2023. The year-on-year variation for 2023 was -1.11%, and the compound annual growth rate (CAGR) for the past five years was -2.76%, indicating a contracting market.
Future trends to watch for include:
- Potential growth in premium, artisanal, and healthier sweet alternatives.
- Increased demand from emerging regional markets.
- Influence of regulatory changes on ingredients and packaging.
How does Romania rank in Toffees, Caramels and Similar Sweets Market Size Volume?
| # | 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 |
| 6 | 6 Romania | 4,024,800 | 2023 | -1.11% | -2.76% | |
| 7 | 7 Sweden | 3,464,600 | 2023 | -2.17% | -1.68% | View data |
| 8 | 8 Portugal | 2,538,500 | 2023 | +0.74% | -0.92% | View data |