Key Market Indicators
**Bulgarian Sweeteners Market Faces Decline** The Bulgarian sweeteners market is projected to experience a slight decline, with sales expected to drop from approximately 243,000 metric tons in 2023 to around 242,000 metric tons by 2028. This represents a modest annual decrease of 0.1% in compound annual growth rate (CAGR). The market has been on a downward trajectory since 2019, with a consistent 0.1% annual decline. Production of sweeteners in Bulgaria is also set to decrease significantly. By 2028, production is forecasted to fall to nearly 197,000 metric tons, down from 232,000 metric tons in 2023. This indicates an average annual decline of 2.6% over the five-year period. Since 2019, the supply has been dwindling at an annual rate of 2.1%. In the global context, Bulgaria was ranked 68th in sweetener production in 2023, with the United Arab Emirates slightly ahead at 232,000 metric tons. Leading the pack were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions, respectively.
