The solid refined white sugar market in Czech Republic showed a declining trend in value per capita from 2013 to 2023, with 2023 standing at 15.92 Euros per capita. Comparing the last two years, 2022 saw a decrease of 19.5% from 2021. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately 5.6%. These figures reflect a consistent downtrend in consumption or spending on sugar per person over the past decade.
Future trends to watch:
- Shifting consumer preferences towards low-sugar diets and healthier alternatives.
- Potential economic factors affecting consumer spending power post-2023.
- Policy changes or taxation impacting sugar consumption positively or negatively.