The Bulgarian sugar confectionery market has shown a consistent downward trend in volume from 2013, peaking at 14.24 million kilograms in 2014, and declining to 8.7414 million kilograms by 2023. This decrease represents an average annual contraction of 5.21% over the last five years, with the last two years showing a shrinkage of about 2.24% year-on-year.
Key trends to watch for in the future include:
- Shift towards healthier snack alternatives impacting traditional sugar confectionery demand.
- Potential recovery driven by innovation and product diversification.
- Influence of economic factors and consumer purchasing power on market performance.
How does Bulgaria rank in Sugar Confectionery Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 498,970,000 | 2023 | +0.1% | -0.38% | View data |
| 2 | 2 United Kingdom | 403,890,000 | 2023 | +0.63% | +1.22% | View data |
| 3 | 3 France | 212,400,000 | 2023 | -0.47% | -1.18% | View data |
| 4 | 4 Spain | 187,490,000 | 2023 | +1.49% | +0.78% | View data |
| 5 | 5 Italy | 171,120,000 | 2023 | +0.22% | +0.86% | View data |
| 15 | 15 Lithuania | 13,675,000 | 2023 | +1.26% | +1.39% | View data |
| 16 | 16 Croatia | 9,683,200 | 2023 | +1.78% | +0.63% | View data |
| 17 | 17 Bulgaria | 8,741,400 | 2023 | -2.25% | -5.21% | |
| 18 | 18 Estonia | 5,160,000 | 2023 | -0.66% | -0.45% | View data |
