The Austrian hard candies market has experienced significant fluctuations over the past decade. From 2012 to 2022, market values have oscillated, beginning with €12.79 million in 2012, reaching a low of €10.966 million in 2015, and peaking at €13.812 million in 2018. Year-on-year variations have ranged widely, showing notable declines in 2014 and 2020, while increases were prominent in 2016 and 2018. Over the last five years, the compound annual growth rate (CAGR) varied, with notable growth in certain years but an overall negative trend persisting.
Key future trends to watch for in the Austrian hard candies market include shifts in consumer preferences towards healthier and functional confectionery options, potential impacts of economic conditions on discretionary spending, and the influence of technological advancements in candy manufacturing and packaging which may drive innovation and efficiency.
How does Austria rank in Hard Candies Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 160,580,000 | 2023 | +1.4% | +1.7% | View data |
| 2 | 2 France | 152,890,000 | 2023 | -0.26% | -1.76% | View data |
| 3 | 3 Spain | 144,300,000 | 2023 | +3.02% | +2.83% | View data |
| 4 | 4 Greece | 35,605,000 | 2023 | +0.56% | +0.61% | View data |
| 5 | 5 Portugal | 20,410,000 | 2023 | +1.89% | +0.99% | View data |
| 6 | 6 Poland | 19,962,000 | 2023 | -10.64% | -9.5% | View data |
| 7 | 7 Austria | 13,812,000 | 2023 | +4.44% | +0.00072% | |
| 8 | 8 Czech Republic | 12,248,000 | 2023 | -1.91% | -1.81% | View data |
| 9 | 9 Croatia | 8,840,100 | 2023 | -2.17% | -4.83% | View data |