Key Market Indicators
Bangladeshi sweeteners sales are projected to decline over the next few years, falling from approximately 1,410 thousand metric tons in 2023 to around 1,390 thousand metric tons by 2028. This represents an average annual decrease of 0.2%. The market has been on a downward trend since 2019, with a yearly decline of 0.3%. Production of sweeteners in Bangladesh is also expected to decrease, dropping from 581 thousand metric tons in 2023 to roughly 533 thousand metric tons by 2028. This marks an average annual decline of 1.4%. Since 2019, production has been falling by an average of 1.3% per year. In 2023, Bangladesh ranked 46th in the world for sweetener production, with Bolivia slightly ahead at 581 thousand metric tons. Leading the global rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions, respectively.
