Key Market Indicators
Paraguayan Sweeteners Sales are projected to reach approximately 248,000 metric tons by 2028, up from around 239,000 metric tons in 2023, according to recent market data. This marks an average annual growth rate of 0.6%. Since 2019, the Paraguayan market has seen a steady increase of 0.5% year on year. In terms of production, Paraguay's output of sweeteners is expected to climb to about 286,000 metric tons by 2028, from an estimated 281,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 0.3%. Since 2019, the production supply has seen a modest yearly increase of 0.1%. In the global ranking for sweetener production in 2023, Paraguay held the 64th position, with Mauritius slightly ahead at 281,000 metric tons. Leading the rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth spots respectively.
