The European sold production of toffees, caramels, and similar sweets shows Italy leading with €310.2 million but facing a significant year-on-year decline of 8.86% as of 2023. Germany follows, increasing slightly by 1%, while the UK's production sits under €100 million with marginal growth. Poland and Spain show declines, whereas Denmark sees a remarkable 22.77% increase. Overall, variations indicate mixed performance, with smaller EU countries having modest or negative growth. Notably, Iceland records a sharp contraction.
Future trends could include potential growth in smaller emerging markets, innovation in healthier product lines, and expansion into non-European markets leveraging reduced production costs post-liberalization and digital supply chain improvements.
Top countries in Sold Production of Toffees, Caramels and Similar Sweets by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 310,200,000 | 2023 | +13.85% | -8.86% | View data |
2 | 2 Germany | 174,240,000 | 2023 | +0.026% | +1% | View data |
3 | 3 United Kingdom | 98,740,000 | 2023 | -0.48% | +0.047% | View data |
4 | 4 Poland | 90,796,000 | 2023 | -0.9% | -2.72% | View data |
5 | 5 France | 21,816,000 | 2021 | -1.05% | View data | |
6 | 6 Spain | 11,210,000 | 2023 | -2.04% | -3.57% | View data |
7 | 7 Romania | 7,627,700 | 2023 | -0.13% | -0.31% | View data |
8 | 8 Serbia | 6,960,800 | 2023 | +3.63% | +2.35% | View data |
9 | 9 Portugal | 6,895,100 | 2023 | +6.02% | +1.56% | View data |
10 | 10 Croatia | 6,512,900 | 2023 | -1.48% | -0.55% | View data |