The hard candies price per unit in Greece showed a significant upward trend from 2012 to 2019, increasing from 4.43 Euros per kilogram in 2012 to 6.4 Euros in 2019. This represents a 44.5% increase over the seven-year span, with the most notable year-on-year uptick occurring between 2014 and 2015, followed by consistent growth through 2019. The compound annual growth rate (CAGR) from 2014 to 2019 stands at approximately 5.0%, indicating a robust upward trend over this period.
Future trends to watch for in the hard candies market include:
- Potential impacts of inflationary pressures on production costs and retail pricing.
- Changes in consumer preferences towards healthier alternatives, potentially affecting demand.
- Evolving market dynamics post-2023, with forecasts suggesting continued but cautious price increases.