The Wholesale Sugar Confectionery Pastes Market in the UK exhibited fluctuations over the years. From 2012 to 2022, values ranged from 144.75 to 175.1 million euros, showcasing irregular growth trends. Notably, there was an increase in market size between 2014 and 2015 before a decline and subsequent slow growth. The most recent figures up to 2022 indicate marginal year-on-year increases in market value.
During the last two years (2021 and 2022), the market saw slight positive variations of 0.42% and 0.41%, respectively. Over the last five years, the compound annual growth rate (CAGR) varied, averaging smaller fluctuations as seen in the values for different years.
Future trends to watch for include:
- Potential market stabilization as forecasted data might indicate steady, if modest, growth.
- Innovations in sugar confectionery pastes likely driven by consumer health trends and regulatory changes.
- Impacts from broader economic conditions, such as inflation and supply chain disruptions.
How does the United Kingdom rank in Wholesale Sugar Confectionery Pastes Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 363,730,000 | 2023 | +1.18% | +0.19% | View data |
| 2 | 2 Germany | 191,630,000 | 2023 | -0.78% | -6.26% | View data |
| 3 | 3 United Kingdom | 166,250,000 | 2023 | +0.4% | +0.61% | |
| 4 | 4 Netherlands | 66,381,000 | 2023 | +0.99% | -0.99% | View data |
| 5 | 5 Denmark | 23,017,000 | 2023 | +1.13% | +0.043% | View data |
