Key Market Indicators
Czech sweeteners production is projected to decline slightly over the next five years, reaching approximately 1 million metric tons by 2028, down from the current level of 1.02 million metric tons in 2023. This represents an average annual decrease of 0.2%. Despite this decline, the country's supply has shown a modest increase of 0.4% annually since 2019. In 2023, the Czech Republic ranked 32nd globally in sweeteners production, with Belgium narrowly ahead at the same production level of 1.02 million metric tons. Leading the global rankings are Brazil, the United States, and Thailand, occupying the second, third, and fourth positions, respectively. On the sales front, Czech sweeteners demand is also expected to decrease. Sales are forecasted to drop to 396,000 metric tons by 2028, down from 440,000 metric tons in 2023. This translates to an annual compound growth rate (CAGR) decline of 1.7%. Since 2019, the Czech market has seen a year-on-year decrease of 1.4%.
