In 2023, sugar cane demand in Spain stood at 1.0 Thousand Metric Tons. The forecasted data from 2024 to 2028 indicates a static demand, maintaining the same value of 1.0 Thousand Metric Tons annually, highlighting no variation year-on-year. As a result, the Compound Annual Growth Rate (CAGR) over the last five years is 0%, reflecting stability in sugar cane demand.
Future trends to watch for include potential shifts in dietary trends, the impact of health regulations on sugar consumption, and advances in sugar cane agriculture that could affect supply and pricing dynamics. Additionally, monitoring the influence of global trade policies and climate change on sugar cane production will be crucial for future demand forecasting.
