The import volume of sweeteners in Brazil experienced fluctuations between 2014 and 2023. In 2023, the import volume stood at 127 thousand metric tons, a slight increase of 0.79% from the previous year. The five-year compounded annual growth rate (CAGR) until 2023 averaged at -0.31%, showing a slight decline over this period. Year-on-year variations exhibited notable changes, with significant drops in 2015 (-12.71%) and 2020 (-16.33%), and substantial increases in 2018 (16.22%) and 2021 (21.45%).
Forecast data from 2024 to 2028 indicates a stabilized growth rate, with a projected five-year CAGR of 0.53% and an overall growth rate of 2.7%. Future trends to watch for include potential market shifts due to changes in global trade policies, advancements in sweetener alternatives, and evolving consumer preferences towards natural versus artificial sweeteners.
