The hard candies market in Greece has experienced a consistent decline from 2013 to 2023. The market volume fell sharply from 7.126 million kilograms in 2013 to 4.0701 million kilograms in 2023. This represents an overall significant decrease. Notably, from 2018 to 2023, the compound annual growth rate (CAGR) was -7.22%, underscoring the ongoing contraction.
Key year-on-year declines occurred particularly in 2019-2023, reflecting an intensified downtrend. Notable percentages include -7.19% in 2019, followed by -7.75% in 2020, and continued drops through to 2023.
Future Trends to Watch:
- Explore shifting consumer preferences post-2023 that could impact demand for hard candies.
- Keep an eye on health and wellness trends that might influence market recovery or further decline.
- Market innovation and diversification strategies may emerge as drivers for potential stabilization or growth.
How does Greece rank in Hard Candies Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 37,837,000 | 2023 | +0.82% | +0.44% | View data |
| 2 | 2 Spain | 27,443,000 | 2023 | +1.61% | +0.86% | View data |
| 3 | 3 France | 23,823,000 | 2023 | -0.59% | -2.25% | View data |
| 4 | 4 Poland | 10,120,000 | 2023 | -2.94% | -1.08% | View data |
| 5 | 5 Portugal | 4,377,500 | 2023 | +2.94% | +1.79% | View data |
| 6 | 6 Greece | 4,070,100 | 2023 | -7.64% | -7.22% | |
| 7 | 7 Czech Republic | 2,861,300 | 2023 | +0.72% | +1.16% | View data |
| 8 | 8 Austria | 2,043,400 | 2023 | -0.053% | -1.16% | View data |
