The Solid Refined White Sugar market in Finland has shown a fluctuating trend over the past decade. The market size value measured in million euros witnessed a notable decline from 2012 to 2015, followed by slight variations and a temporary spike in 2017. The most recent data up to 2022 reveals an overall downward trend, although there were intermittent increases in 2016, 2017, and 2021.
Examining year-on-year percentage changes, there was a sharp decline in 2013 and 2014, steadying in 2015-2016 before surging in 2017. Since then, fluctuations have continued with significant declines in 2019 and 2020. Over the last two years, the market experienced a marginal increase in 2021 but fell again in 2022. The last CAGR of -4.76% over five years highlights an average annual decrease in market size.
Future trends to watch for include potential market stabilization or recovery due to changing consumer preferences, health trends, and possible regulatory impacts on sugar consumption. Innovations in sugar alternatives and economic conditions are key factors that could influence the market dynamics moving forward.
