The Czech Republic's wholesale sugar confectionery pastes market volume in 2023 reached 2.9339 million kilograms. Between 2019 and 2023, the market showed a marginal decline, with a negative compound annual growth rate (CAGR) of -0.12%. After experiencing a downturn from 2017's peak, slight recovery was seen in 2020 followed by consistent, albeit minimal, year-on-year growth around 0.8% from 2021 to 2023.
Future trends to watch for include:
- Increased health consciousness might shift consumer preferences towards healthier confectionery alternatives, potentially impacting demand.
- Innovations in sugar reduction techniques could spark interest and growth within the traditional confectionery market.
- Economic factors influencing disposable incomes could affect market performance, making forecasting crucial for stakeholders.
How does the Czech Republic rank in Wholesale Sugar Confectionery Pastes Market Size Volume?
# | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 56,269,000 | 2023 | +0.53% | +0.73% | View data |
2 | 2 Germany | 42,970,000 | 2023 | -1.24% | -3.45% | View data |
3 | 3 Spain | 32,677,000 | 2023 | +1.84% | +0.11% | View data |
4 | 4 Netherlands | 19,885,000 | 2023 | -1.53% | -1.85% | View data |
5 | 5 France | 7,432,700 | 2023 | -5.55% | -4.44% | View data |
6 | 6 Denmark | 3,157,600 | 2023 | -1.92% | +0.69% | View data |
7 | 7 Czech Republic | 2,933,900 | 2023 | +0.78% | -0.12% | |
8 | 8 Austria | 2,513,700 | 2023 | +2.23% | -0.71% | View data |