The Toffees, Caramels, and Similar Sweets market in Portugal recorded a slight decline in size by 2023 with a value of 11.715 million euros. Observing the past trends, the market experienced a significant peak in 2016, followed by a gradual decline, leading to a negative CAGR of -1.47% over the recent five-year period.
Year-on-year variations illustrate stability in recent years, showing subtle contractions. The market has been generally resilient, with minor fluctuations since 2019. Key trends involve variations caused by potentially changing consumer preferences and economic factors affecting discretionary purchases.
Future areas to watch include shifts in consumer preferences towards healthier options, as well as the impact of economic conditions on spending behavior in the confectionery sector. Monitoring these trends can provide insights into potential growth or further decline.
How does Portugal 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% | View data |
| 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 |
| 7 | 7 Finland | 11,751,000 | 2023 | +0.64% | +2.33% | View data |
| 8 | 8 Portugal | 11,715,000 | 2023 | -0.39% | -1.47% | |
| 9 | 9 Ireland | 10,507,000 | 2023 | -4.63% | -3.83% | View data |
| 10 | 10 Croatia | 9,303,100 | 2023 | +2.79% | +1.84% | View data |
