The sugar confectionery market in Austria has exhibited fluctuating trends over the past decade. From 2012 to 2017, the market saw a steady increase from 18.5 Euros per capita to 21.13 Euros per capita. However, from 2018 onwards, there was a decline, with a notable dip to 18.26 Euros per capita in 2020, likely influenced by the global pandemic. In 2021, the market rebounded slightly to 19.17 Euros per capita but decreased again to 18.94 Euros per capita in 2022.
Analyzing the variations:
- Year-on-year variation from 2021 to 2022: -1.20%.
- Year-on-year variation from 2020 to 2021: +4.97%.
- Compound Annual Growth Rate (CAGR) from 2018 to 2022: -1.53%.
Future trends to watch for: The market is projected to stabilize with moderate growth anticipated post-2023, driven by innovations in sugar confectionery offerings and increasing consumer health consciousness that may lead to demand for healthier confectionery options. Watching how consumer preferences shift and how the market adapts to trends like organic and low-sugar candy will be essential for future market analysis.
How does Austria 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 | ||
| 7 | 7 Germany | 21.02 | 2023 | View data | ||
| 8 | 8 Sweden | 19.19 | 2023 | View data | ||
| 9 | 9 Austria | 19.13 | 2023 | |||
| 10 | 10 Lithuania | 18.26 | 2023 | View data | ||
| 11 | 11 France | 17.66 | 2023 | View data | ||
