The raw sugar equivalent processing industry in Poland has shown consistent growth, with levels remaining steady at 4,000 metric tons in 2023, up from 1,000 metric tons in 2014. A significant growth spur occurred between 2014 to 2016, doubling the volume from 1,000 to 3,000 metric tons. Subsequent years from 2016 to 2020 saw stabilization at 3,000 metric tons followed by another increase in 2021, marking a notable 33.33% rise to 4,000 metric tons. The Compound Annual Growth Rate (CAGR) over the last five years stands at 5.92%.
Looking forward, the forecast suggests a moderate growth rate with a 5-year CAGR of 4.56%, projecting the volume to reach 5,000 metric tons by 2028, indicating a total growth of 25% from 2023 levels.
Future trends to watch for include:
- Technological advancements in sugar processing
- Fluctuating global sugar prices
- Potential changes in regulatory policies affecting the sugar industry
- Impact of evolving consumer preferences towards healthier sugar alternatives.
