The price per kilogram of toffees, caramels, and similar sweets in Italy experienced notable fluctuations over the past decade. From 2010 to 2013, the price surged, peaking in 2013. This increase was followed by a decline from 2014 onwards, with prices dropping each subsequent year until 2020. The compound annual growth rate (CAGR) over the last five years reflects a consistent decrease in price. Year-on-year variations are useful to observe significant changes, particularly the sharp decline from 2019 to 2020.
Future trends to watch:
- Potential stabilization or recovery of prices in the coming years.
- Impact of raw material costs and consumer preferences on pricing.
- Growth of premium or health-conscious sweet products influencing market dynamics.
- Global economic conditions affecting production and distribution costs.