Based on the provided data, the forecasted values for the sold production of filled chocolate confectionery in Belgium in million Euros are:
- 2024: 117.96
- 2025: 109.74
- 2026: 101.6
- 2027: 93.542
- 2028: 85.565
Year-on-year variations are as follows:
- 2025 vs 2024: -6.96%
- 2026 vs 2025: -7.41%
- 2027 vs 2026: -7.95%
- 2028 vs 2027: -8.52%
The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 is approximately -7.77%.
The declining trend in production value suggests market contraction or shifts in consumer preferences. Factors such as changing consumer tastes, competition from other confectionery types, or economic conditions could influence this market. Watching for innovations in product offerings, changes in export-import regulations, and shifts in consumer behavior toward healthier options will be crucial.
