In Latvia, the non-chocolate sweet biscuits market reached a value of 24.738 million Euros in 2023, reflecting a modest year-on-year increase of 1.05%. Analyzing the last five years, the market has experienced slight fluctuation, resulting in a negative CAGR of -0.52% from 2018 to 2023. This indicates an overall stagnation in market expansion over this period, despite certain annual positive spikes like the 2021 increase of 8.12%.
Future trends to watch for include emerging health-conscious consumer preferences, which may influence demand for healthier biscuit options, and the potential impact of economic fluctuations on consumer spending patterns in the snack sector in Latvia.
How does Latvia rank in Non Chocolate Sweet Biscuits Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,079,600,000 | 2023 | +2.61% | +2.95% | View data |
| 2 | 2 Italy | 1,262,600,000 | 2023 | +5.07% | +0.12% | View data |
| 3 | 3 United Kingdom | 1,128,800,000 | 2023 | +0.011% | -0.097% | View data |
| 4 | 4 Germany | 916,310,000 | 2023 | +0.69% | +1.07% | View data |
| 5 | 5 Spain | 672,110,000 | 2023 | -0.44% | -1.72% | View data |
| 16 | 16 Lithuania | 30,880,000 | 2023 | +3.18% | +5.91% | View data |
| 17 | 17 Slovenia | 30,309,000 | 2023 | +2.53% | +5.98% | View data |
| 18 | 18 Latvia | 24,738,000 | 2023 | +1.05% | -0.52% | |
| 19 | 19 Estonia | 15,025,000 | 2023 | +0.77% | +2.22% | View data |
