Between 2012 and 2022, the sugar confectionery market size in Finland showed significant fluctuations. After peaking in 2012 at 290.44 million euros, the market saw a general decline until 2014, followed by a brief recovery period from 2015 to 2017. From 2018 to 2022, the market fluctuated slightly, experiencing brief growth spurts and minor declines year-on-year. Notably, the market surged in 2021 with a 5.21% increase, achieving a peak value of 295.47 million euros, before slightly decreasing in 2022 to 292.63 million euros.
Over the last two years, the year-on-year percentage variation showed minor fluctuations, with a notable 5.21% increase in 2021 followed by a slight decline of 0.96% in 2022. When analyzing the compound annual growth rate (CAGR) over the past five years, the market exhibited an average annual growth rate of 0.93%.
Heading into 2024, it is essential to monitor several key trends that could impact the sugar confectionery market in Finland. Consumer preferences might shift towards healthier alternatives or premium products, driven by increasing health consciousness and disposable income. Additionally, sustainability and ethical considerations could play a more significant role in shaping market dynamics.
How does Finland rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | View data |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 6 | 6 Finland | 277,410,000 | 2023 | +0.053% | +0.42% | |
| 7 | 7 Denmark | 225,390,000 | 2023 | -0.76% | -0.22% | View data |
| 8 | 8 Sweden | 200,710,000 | 2023 | +1.35% | +1.34% | View data |