Key Market Indicators
**Ukrainian Sweeteners Sales to Decline by 2028** KYIV – Ukrainian sweeteners sales are projected to decline to approximately 2,720 thousand metric tons by 2028, down from 2,810 thousand metric tons in 2023. This represents a 0.5% annual decrease in the compound annual growth rate (CAGR). The market has been experiencing a downward trend since 2019, with a year-on-year decline of 1.2%. **Production Shows Modest Growth** On the production front, Ukrainian sweeteners output is expected to reach around 3,700 thousand metric tons by 2028, up from 3,630 thousand metric tons in 2023. This marks a modest growth rate of 0.3% annually. Since 2019, production has increased by 0.2% each year. In 2023, Ukraine ranked 13th in global sweeteners production, with Colombia just ahead at 3,630 thousand metric tons. Leading the global production were Brazil, the United States, and Thailand, occupying the second, third, and fourth spots respectively.
