The refined sugar molasses market in France has experienced fluctuating values over the past decade, moving from 70.159 million Euros in 2012 to 63.973 million Euros in 2022. The year-on-year variations indicate considerable volatility, with notable declines in 2015 (-14.09%) and increases in 2016 (9.23%). The last two years showed small decreases of 1.74% in 2021 and 0.21% in 2022. The compound annual growth rate (CAGR) over the last five years stands at 1.46%, suggesting a modest average annual growth despite the market's overall instability.
Future trends to watch for include potential impacts from changes in consumer preferences toward healthier alternatives, regulatory changes concerning sugar products, and economic factors that may influence production costs and market demand. Monitoring advancements in product innovation and sustainability practices within the industry will also be crucial. The market's stance in 2023 will provide further insights into its short-term trajectory.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 59,311,000 | 2023 | -1.16% | -0.58% | |
| 2 | 2 Portugal | 12,487,000 | 2023 | +2.92% | +2.82% | View data |
| 3 | 3 Finland | 9,022,500 | 2023 | -1.65% | +2.07% | View data |
| 4 | 4 Greece | 4,472,700 | 2023 | -0.79% | +0.34% | View data |
| 5 | 5 Romania | 4,360,300 | 2023 | -3.66% | -0.078% | View data |