In 2023, the import volume of glucose syrup with less than 20% fructose stood as the baseline for future growth projections. The forecasted data shows a steady year-on-year increase in import volumes through 2028. Specifically, the imports are expected to grow from 247.06 million kilograms in 2024 to 277.85 million kilograms by 2028, reflecting a consistent upward trend with a compound annual growth rate (CAGR) calculated over the five-year forecast period.
Future trends to watch for include:
- Potential changes in consumer demand for low-fructose sweeteners, impacting import volumes.
- Trade policy adjustments that could affect import tariffs or quotas.
- Efforts towards sustainable sourcing that may influence import dynamics.