The Toffees, Caramels, and Similar Sweets market in Romania has experienced steady growth from 2013 to 2023. Starting at 14.868 million Euros in 2013, it reached 21.091 million Euros in 2023. Notable fluctuations occurred, such as a decrease in 2015 and the impact of the 2020 pandemic. Year-on-year growth rebounded in 2021, showing a significant 11.15% increase. By 2023, the market's growth stabilized at 2.61%. The Compound Annual Growth Rate (CAGR) over the last five years was 1.85%, indicating modest but consistent expansion.
Trends to watch for include:
- Consumer preference shifts towards premium or health-focused alternatives.
- Increased influence of e-commerce on distribution.
- Potential disruptions from emerging domestic or international competitors.
- Regulatory impacts related to sugar and health policies.
How does Romania rank in Toffees, Caramels and Similar Sweets Market Size Value?
# | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 259,920,000 | 2023 | +1.56% | -2.16% | View data |
2 | 2 Poland | 101,520,000 | 2023 | -2.39% | -4.13% | View data |
3 | 3 France | 67,005,000 | 2023 | -0.43% | +2.43% | View data |
4 | 4 Romania | 21,091,000 | 2023 | +2.61% | +1.85% | |
5 | 5 Sweden | 14,691,000 | 2023 | +0.63% | +0.23% | View data |
6 | 6 Belgium | 12,274,000 | 2023 | +0.24% | +1.84% | View data |