The sugar confectionery market in Finland experienced fluctuations from 2012 to 2023. Over the years, the market saw periods of growth and decline with significant variations. Notable growth occurred in 2017 with a 13.55% year-on-year increase, followed by a decline in 2018 at -5.57%. Recent years, 2021 and 2022, observed modest growth at 3.18% and 0.33% respectively. The market size reached 47.824 million kilograms in 2022. The Compound Annual Growth Rate (CAGR) over the last 5 years reveals a revolving average trend with slight variances, indicating stabilization.
Future trends to watch for:
- Shifting consumer preferences towards healthier alternatives may impact growth.
- Sustainability and ethical sourcing expected to influence market dynamics.
- Innovations in product offerings and packaging could drive future demand.
How does Finland rank in Sugar Confectionery Market Size Volume?
# | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 498,970,000 | 2023 | +0.1% | -0.38% | View data |
2 | 2 United Kingdom | 403,890,000 | 2023 | +0.63% | +1.22% | View data |
3 | 3 France | 212,400,000 | 2023 | -0.47% | -1.18% | View data |
4 | 4 Spain | 187,490,000 | 2023 | +1.49% | +0.78% | View data |
5 | 5 Italy | 171,120,000 | 2023 | +0.22% | +0.86% | View data |
6 | 6 Netherlands | 140,870,000 | 2023 | +1.39% | +1.78% | View data |
7 | 7 Belgium | 59,046,000 | 2023 | +0.32% | +0.16% | View data |
8 | 8 Finland | 47,656,000 | 2023 | +0.85% | +1.81% | |
9 | 9 Denmark | 43,924,000 | 2023 | +0.99% | +0.56% | View data |
10 | 10 Portugal | 41,921,000 | 2023 | +2.06% | +1.47% | View data |