Key Market Indicators
Italian Sweeteners Sales are projected to maintain a steady level, reaching approximately 1,990 thousand metric tons by 2028. This figure mirrors the sales volume recorded in 2023, indicating a zero percent year-on-year growth. Since 2019, the Italian market for sweeteners has experienced no significant change, maintaining a consistent sales volume over the years. In contrast, Italian Sweeteners Production is expected to see a decline. Production is forecasted to drop to about 566 thousand metric tons by 2028, down from 634 thousand metric tons in 2023. This represents an average annual decrease of 1.8%. Since 2019, Italian sweetener production has been on a downward trend, falling by the same rate of 1.8% each year. In the global context, Italy ranked 42nd in sweetener production in 2023, with Malaysia surpassing it with an identical production volume of 634 thousand metric tons. Leading the global rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions respectively.
