Key Market Indicators
Sales of sweeteners in Belarus are projected to decline to 530,000 metric tons by 2028, down from 594,000 metric tons in 2023. This represents an average annual decrease of 1.8%. The market has been shrinking since 2019, experiencing a yearly contraction of 1.2%. In contrast, sweeteners production in Belarus is expected to increase slightly. By 2028, the production is set to reach 1.16 million metric tons, up from 1.13 million metric tons in 2023. This reflects an average annual growth rate of 0.4%. Since 2019, the supply has been on an upward trend, growing by 0.6% each year. In 2023, Belarus ranked 30th globally in sweetener production, with Cuba surpassing it with an output of 1.13 million metric tons. The top producers in the world were Brazil, the United States, and Thailand, taking the second, third, and fourth spots respectively.
