Key Market Indicators
Austrian Sweeteners Sales are projected to climb to approximately 430,000 metric tons by 2028, up from 425,000 metric tons in 2023. This growth represents a modest 0.3% increase year on year. Since 2019, the Austrian market has seen an annual growth rate of 0.6%. On the production front, Austrian Sweeteners are expected to decline to about 746,000 metric tons by 2028, down from 789,000 metric tons in 2023, reflecting a yearly decrease of 0.9%. Despite this decline, Austrian supply has seen a slight increase of 0.1% year on year since 2019. In 2023, Austria ranked 36th in sweeteners production globally, with Nicaragua just ahead at 789,000 metric tons. Dominating the rankings, Brazil, the United States, and Thailand took second, third, and fourth places, respectively.
