The refined sugar molasses market in Finland showed fluctuating trends from 2013 to 2023. The market value in 2023 was 9.0225 million Euros. A significant decline can be observed from 2013 to 2016, followed by slight recoveries and falls in the subsequent years. Over the last two years, there was a slight decline with values falling by 1.66% in 2022 and 1.65% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years indicated a modest increase of 2.07% per year. Despite periodic rises, the general trend showed a slow decline with some stability in the latter years.
Future trends to watch for include potential impacts of global sugar prices, sustainability practices in agriculture, and changes in consumer preferences towards healthier alternatives. Monitoring these factors will be crucial for anticipating market movements in the upcoming years.
How does Finland rank in Refined Sugar Molasses Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 59,311,000 | 2023 | -1.16% | -0.58% | View data |
| 2 | 2 Portugal | 12,487,000 | 2023 | +2.92% | +2.82% | View data |
| 3 | 3 Finland | 9,022,500 | 2023 | -1.65% | +2.07% | |
| 4 | 4 Greece | 4,472,700 | 2023 | -0.79% | +0.34% | View data |
| 5 | 5 Romania | 4,360,300 | 2023 | -3.66% | -0.078% | View data |