The Sugar Confectionery Market in Bulgaria exhibited fluctuations between 2013 and 2023. The value per capita increased from €4.07 in 2013 to €5.48 in 2023, marking a steady growth trajectory with some downturns.
From 2022 to 2023, there was a 2% increase, reflecting a modest upswing. Analyzing the compound annual growth rate over the last five years, the market has shown an average annual growth of approximately 3.5%, highlighting a consistent upward trend despite year-to-year variations.
Future trends to watch include potential impacts from economic shifts, changes in consumer preferences towards health-conscious options, and the influence of new product innovations. A focus on sustainable and locally sourced ingredients may also drive future growth.
How does Bulgaria rank in Sugar Confectionery Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 51.06 | 2023 | View data | ||
| 2 | 2 Denmark | 40.81 | 2023 | View data | ||
| 3 | 3 Estonia | 28.59 | 2023 | View data | ||
| 4 | 4 United Kingdom | 28.18 | 2023 | View data | ||
| 5 | 5 Italy | 23.19 | 2023 | View data | ||
| 16 | 16 Greece | 12.89 | 2023 | View data | ||
| 17 | 17 Romania | 8.92 | 2023 | View data | ||
| 18 | 18 Bulgaria | 5.48 | 2023 | |||
