Key Market Indicators
Lithuanian Sweeteners Sales are projected to decline to approximately 220,000 metric tons by 2028, down from about 235,000 metric tons in 2023. This translates to an average annual decrease of 0.8%. The market has been trending downward since 2019, with an annual decline of around 0.4%. In terms of production, Lithuanian Sweeteners are expected to see a more significant drop. By 2028, production is forecasted to fall to roughly 38,000 metric tons, down from about 132,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) decrease of 19.6%. Since 2019, the supply has contracted by approximately 9.7% each year. In 2023, Lithuania ranked 83rd in global sweeteners production, with Senegal surpassing it at 132,000 metric tons. The leading producers in the world are Brazil, the United States, and Thailand, occupying the second, third, and fourth positions, respectively.
