The Romanian solid refined sugar market exhibited fluctuations from 2013 to 2023, closing at 524.95 million kilograms in 2023. After initial growth, a notable dip occurred between 2016 and 2018, followed by recovery. Recent years saw moderate growth, with a year-on-year increase in 2023 of 3.04%. The compound annual growth rate (CAGR) over the last five years was 2.21%, suggesting steady recovery and stabilization.
Future trends to watch for:
- Anticipate market adjustments due to shifts in dietary habits towards low-sugar alternatives.
- Monitor the impact of economic factors such as inflation and regulations affecting sugar production and importation.
- Observe technological advancements in sugar refinement that could alter production efficiency and costs.
How does Romania rank in Solid Refined Sugar Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,796,400,000 | 2023 | -1.97% | -2.13% | View data |
| 2 | 2 France | 1,878,000,000 | 2023 | +0.8% | -0.83% | View data |
| 3 | 3 Italy | 1,713,500,000 | 2023 | +2.48% | -0.29% | View data |
| 4 | 4 Spain | 1,403,800,000 | 2023 | +3.52% | +0.52% | View data |
| 5 | 5 Romania | 524,950,000 | 2023 | +3.04% | +2.21% | |
| 6 | 6 Czech Republic | 375,910,000 | 2023 | +0.48% | +1.44% | View data |
| 7 | 7 Greece | 284,830,000 | 2023 | -0.95% | +0.28% | View data |
