The sweeteners import volume in North America has seen fluctuating trends from 2014 to 2023. In 2014, the import volume stood at 8.39 Million Metric Tons, increasing steadily until a slight decline in 2017. The volume bounced back in 2018, reaching 9.09 Million Metric Tons. Despite minor fluctuations in subsequent years, the import volume increased to 9.22 Million Metric Tons by 2023, a year-on-year change of 0.49% and a 5-year CAGR of 0.29%.
Future trends to watch for include:
- Continued steady growth projected with a 5-year CAGR of 0.33%, resulting in a forecasted import volume of 9.42 Million Metric Tons by 2028.
- Potential market disruptions or policy changes affecting trade, consumer preferences for natural sweeteners, and the economic impact on import volumes.
