The 2024 forecast shows Latvia leading with the highest HICP increase in sugar, jam, honey, chocolate, and confectionery at 21.4%, followed closely by Bulgaria and Lithuania. Notably, Western European countries like Switzerland and Norway exhibit significantly lower increases, indicating regional economic disparities and potentially different pricing dynamics and consumer behaviors.
Future trends to watch: Monitor the impact of potential supply chain disruptions, trade policies, and climate change on pricing structures. Also, observe consumer shifts towards healthier alternatives which could influence demand and pricing in this sector across different regions in Europe.
Top countries in Sugar, Jam, Honey, Chocolate and Confectionery HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Latvia | 21.4 | 2022 | View data |
| 2 | 2 Bulgaria | 20.6 | 2022 | View data |
| 3 | 3 Lithuania | 19.3 | 2022 | View data |
| 4 | 4 Montenegro | 18.1 | 2022 | View data |
| 5 | 5 Macedonia | 17.3 | 2022 | View data |
| 6 | 6 Kosovo | 17 | 2022 | View data |
| 7 | 7 Czech Republic | 16.7 | 2022 | View data |
| 8 | 8 Romania | 15.7 | 2022 | View data |
| 9 | 9 Estonia | 15.3 | 2022 | View data |
| 10 | 10 Hungary | 14.9 | 2022 | View data |
