Key Market Indicators
The Russian sweeteners market is projected to remain relatively unchanged over the next five years. Sales are expected to reach approximately 11,200 thousand metric tons by 2028, up slightly from around 11,150 thousand metric tons in 2023. This represents a negligible year-on-year growth rate of 0%. In contrast, production of sweeteners in Russia is forecasted to see modest growth. Output is anticipated to rise to about 13,520 thousand metric tons by 2028, up from 13,120 thousand metric tons in 2023. This marks a compound annual growth rate (CAGR) of 0.5%. Since 2019, Russian sweetener production has increased by 0.8% annually. In the global landscape, Russia held the fifth spot in sweetener production in 2023, with Thailand slightly ahead at 13,120 thousand metric tons. Leading the rankings were Brazil and the United States, followed by Thailand.
