The Toffees, Caramels, and Similar Sweets market in Latvia has experienced a significant decline from 1.6121 million kilograms in 2013 to 0.85898 million kilograms in 2023. The most notable drops occurred in 2016 and 2017, with a steady decline continuing into 2023. The average annual contraction over the last five years is about -3.66%.
Future trends to watch include the influence of healthier lifestyle choices impacting sweet consumption, potential regulatory changes regarding sugar content, and shifts in consumer preferences towards locally made or artisanal products. Monitoring these factors will be key to anticipating market size changes moving forward.
How does Latvia 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 |
| 11 | 11 Denmark | 1,491,100 | 2023 | +0.051% | +0.7% | View data |
| 12 | 12 Croatia | 1,373,800 | 2023 | -1.21% | -0.76% | View data |
| 13 | 13 Latvia | 858,980 | 2023 | -5.31% | -3.66% | |
| 14 | 14 Estonia | 813,520 | 2023 | +1.11% | +1.3% | View data |
| 15 | 15 Belgium | 392,870 | 2023 | -32.23% | -20.16% | View data |
