The European Sugar, Jam, Honey, Chocolate, and Confectionery HICP exhibits varied growth rates across the continent. In 2024, Hungary and Estonia lead with values over 13,000, signifying significant growth. Most countries exhibit inflation in the segment over the last two years, with Montenegro showing a remarkable 8.11% year-on-year change, while Ireland recorded a contraction.
Future trends to monitor include:
- Volatile commodity prices impacting confectionery costs.
- Consumer demand shifts towards healthier alternatives and sugar-free products.
- Supply chain disruptions affecting product availability and pricing.
- Innovation in sustainable packaging may alter cost structures.
Top countries in Sugar, Jam, Honey, Chocolate and Confectionery HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 134.08 | 2022 | +14.87% | +4.23% | View data |
| 2 | 2 Estonia | 133.74 | 2022 | +15.27% | +4.08% | View data |
| 3 | 3 Bulgaria | 133.53 | 2022 | +20.6% | +4.18% | View data |
| 4 | 4 Latvia | 133.07 | 2022 | +21.36% | +4.03% | View data |
| 5 | 5 Kosovo | 132.55 | 2022 | +16.98% | View data | |
| 6 | 6 Montenegro | 131.73 | 2022 | +18.13% | +8.11% | View data |
| 7 | 7 Poland | 131.5 | 2022 | +12.97% | +4.02% | View data |
| 8 | 8 Macedonia | 130.95 | 2022 | +17.25% | +4.13% | View data |
| 9 | 9 Lithuania | 129.49 | 2022 | +19.31% | +4.17% | View data |
| 10 | 10 Serbia | 128.5 | 2022 | +11.74% | +3.05% | View data |
