Key Market Indicators
South African Sweeteners Sales Forecast to Dip to 2.34 Million Metric Tons by 2028 In a recent market projection, South African sweeteners sales are expected to decline to 2.34 million metric tons by 2028, down from 2.36 million metric tons in 2023. This represents a slight annual decrease of 0.2%. The trend has been consistent since 2019, with the market experiencing a year-on-year decline of 0.2%. Conversely, the production of sweeteners in South Africa is on a modest upward trend. By 2028, production levels are forecasted to reach 3.17 million metric tons, up from 3.1 million metric tons in 2023. This marks an average annual growth rate of 0.4%. Since 2019, the country’s sweetener supply has remained stable, showing no significant year-on-year change. In the global ranking, South Africa held the 15th position in 2023, with Guatemala slightly ahead, also producing 3.1 million metric tons. The top spots were occupied by Brazil, the United States, and Thailand, ranking second, third, and fourth respectively.
