Key Market Indicators
**Portuguese Sweeteners Market Faces Decline** The Portuguese sweeteners market is projected to slightly decline over the next five years. By 2028, sales are expected to reach approximately 383,000 metric tons, a marginal decrease from 384,000 metric tons in 2023. This represents an average annual decline of 0.1% since 2019. Meanwhile, sweetener production in Portugal is also anticipated to fall. By 2028, the production is forecasted to drop to about 14,000 metric tons from 16,000 metric tons in 2023. This marks an average annual decrease of 1.6%, with the supply having already decreased by 1.2% per year since 2019. In the global context, Portugal ranked 112th in sweetener production in 2023, with Ireland slightly ahead, also producing around 16,000 metric tons. Leading the global rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions respectively.
