From 2013 to 2023, the Toffees, Caramels, and Similar Sweets market in Hungary demonstrated fluctuations in volume, expressed in million kilograms, reaching 1.8718 million kg in 2023. Noteworthy was the significant surge in 2015, followed by growth through 2018. A decline emerged in 2019 and 2020, with a slow resurgence beginning in 2021. Year-on-year growth noted slight recovery over the last two years, with a 4.03% increase from 2022 to 2023. The last five-year CAGR shows a mild decline.
Future trends to watch:
- Potential market recovery post-2023, possibly supported by a surge in consumer interest in artisanal and health-conscious confectionery.
- Innovation driven by the trend towards sugar-free and low-calorie options, appealing to a health-conscious demographic.
- Impact of economic conditions and supply chain dynamics on market volume and pricing.
How does Hungary 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 |
| 7 | 7 Sweden | 3,464,600 | 2023 | -2.17% | -1.68% | View data |
| 8 | 8 Portugal | 2,538,500 | 2023 | +0.74% | -0.92% | View data |
| 9 | 9 Hungary | 1,871,800 | 2023 | +4.03% | -1.38% | |
| 10 | 10 Lithuania | 1,514,700 | 2023 | -1.93% | -4.41% | View data |
| 11 | 11 Denmark | 1,491,100 | 2023 | +0.051% | +0.7% | View data |
