Key Market Indicators
Colombian Sweeteners Production is projected to reach approximately 3.95 million metric tons by 2028, up from around 3.92 million metric tons in 2023. This represents a modest annual growth rate of 0.1%. However, since 2019, Colombia's supply has experienced a slight decline of 0.2% per year. As of 2023, Colombia ranked 12th in global sweetener production, with Germany narrowly surpassing it at 3.92 million metric tons. Leading the rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions, respectively. On the sales front, Colombian sweeteners are expected to reach 4.31 million metric tons by 2028, up from 3.97 million metric tons in 2023. This indicates a more robust annual growth rate of 1.3%. The Colombian market has shown a notable increase since 2019, growing by 1.6% per year.
