Between 2013 and 2023, Germany's solid refined sugar market value per capita has decreased from 42.22 Euros to 15.1 Euros, indicating a consistent downward trend. Notably, a resurgence was observed in 2020 and 2021 with values reaching 22.3 and 22.71 Euros, respectively, after a dip in 2019. However, the substantial decline resumed, leading to a significant drop to 15.1 Euros in 2023.
Year-on-year variations from 2022 to 2023 show a decline of approximately 12%. The compound annual growth rate (CAGR) over the last five years stands at around -3.7%.
Future trends to watch for:
- Increasing consumer preference for healthier alternatives to refined sugar.
- Regulatory changes impacting sugar consumption and production.
- Fluctuations in global sugar prices affecting local market dynamics.
