Key Market Indicators
The Salvadoran sweeteners market is on a steady growth trajectory, with sales projected to reach approximately 283,000 metric tons by 2028. This represents an incremental rise from the 276,000 metric tons reported in 2023, marking an average annual growth rate of 0.4%. Since 2019, the market has exhibited a modest yet consistent annual increase of 0.2%. On the production front, Salvadoran sweeteners are expected to hit around 849,000 metric tons by 2028, up from the current 829,000 metric tons in 2023. This indicates a compound annual growth rate (CAGR) of 0.4% since 2019. In 2023, El Salvador ranked 33rd globally in sweetener production, just behind the Czech Republic, which matched El Salvador's output at 829,000 metric tons. Leading the global rankings, Brazil, the United States, and Thailand held the second, third, and fourth positions respectively.