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Historical Trends (in Thousand Metric Tons):
The market size displayed fluctuations from 2014 to 2022. It peaked in 2015 at 716.0 thousand metric tons and showed a notable decline from 2018 onwards with a significant drop of 18.91% in 2018, eventually reducing to 581.0 thousand metric tons in 2022. The year-on-year changes indicate a downward trend, with 2022 seeing a -1.53% change.
Forecasted Trends:
From 2023 to 2028, the forecast demonstrates a continuous decline, from 572.0 thousand metric tons in 2023 to an anticipated 526.0 thousand metric tons in 2028. Notably, the forecasted 5-year CAGR is -1.32%, translating to an overall forecasted growth rate of -6.41%.
Future Trends to Watch:
Continued reduction in market size may be driven by shifts towards alternative sweeteners, policy changes, and health trends. Monitoring these factors could provide further insights into the market dynamics of raw sugar in the Netherlands.
