The Estonian confectionery market has shown fluctuations over the past decade, with the volume per capita peaking at 15.58 kg in 2014 and generally declining since then. As of 2023, the consumption stood at 13.75 kg per capita, a minor decrease from the 13.78 kg in 2022. From 2021 to 2022, there was an increase of 6.57%, followed by a minor drop of 0.22% from 2022 to 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 reflects a decline, indicating a downward trend over this period.
Future trends to watch for include:
- Potential impacts of health and wellness trends influencing consumer preferences towards healthier snacks.
- The role of economic factors, like disposable income and inflation, affecting purchasing power.
- Innovations in product offerings by confectionery brands to cater to changing tastes and preferences.
How does Estonia rank in Confectionery Market Size Volume Per Capita?
| # | 19 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.17 | 2023 | View data | ||
| 2 | 2 Finland | 18.04 | 2023 | View data | ||
| 3 | 3 Denmark | 16.52 | 2023 | View data | ||
| 4 | 4 Spain | 16.04 | 2023 | View data | ||
| 5 | 5 Netherlands | 15.12 | 2023 | View data | ||
| 6 | 6 Lithuania | 15.07 | 2023 | View data | ||
| 7 | 7 United Kingdom | 14.63 | 2023 | View data | ||
| 8 | 8 Estonia | 13.75 | 2023 | |||
| 9 | 9 Croatia | 12.42 | 2023 | View data | ||
| 10 | 10 France | 12.38 | 2023 | View data | ||
