Key Market Indicators
Iraqi Sweeteners Production is projected to decline to approximately 930 metric tons by 2028, down from 1,000 metric tons in 2023. This represents an average annual decrease of about 1%. The country's supply has remained stable since 2019. In 2023, Iraq ranked 125th in sweeteners production, with Benin slightly ahead at 1,000 metric tons. Leading the global ranking were Brazil, the United States, and Thailand, occupying the second, third, and fourth positions respectively. On the sales front, Iraqi Sweeteners Sales are expected to rise to around 768,000 metric tons by 2028, up from 740,000 metric tons in 2023. This marks a compound annual growth rate (CAGR) of 0.6%. Since 2019, the Iraqi market has experienced a steady annual increase of 0.9%.
