The sugar confectionery containing cocoa market in Slovakia, measured in kilograms per capita, highlighted a subtle downward trend from 2013 to 2023, stabilizing at 0.18 kg per capita in 2023. Over this period, fluctuations were observed with a peak reaching 0.22 kg per capita in 2014. The year-on-year decline reached its steepest phase in 2016-2017 but saw marginal recovery afterward without exceeding the initial 2013 level.
Observing the last two years (2022-2023), the market volume remained constant, while the five-year period (2019-2023) recorded a Compound Annual Growth Rate (CAGR) indicating market steadiness.
Future trends to watch:
- Consumer preferences towards healthier options may further influence the market.
- Potential growth can stem from product diversification and innovative flavors.
- Observed economic factors and purchasing power may impact market growth.
| # | 13 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 2.29 | 2023 | View data | ||
| 2 | 2 Poland | 1.23 | 2023 | View data | ||
| 3 | 3 Germany | 0.89 | 2023 | View data | ||
| 4 | 4 Finland | 0.64 | 2023 | View data | ||
| 5 | 5 Denmark | 0.61 | 2023 | View data | ||
| 11 | 11 Spain | 0.22 | 2023 | View data | ||
| 12 | 12 Hungary | 0.19 | 2023 | View data | ||
| 13 | 13 Slovakia | 0.18 | 2023 | |||
