Based on the forecast data:
- 2024: 42.42 Million Metric Tons
- 2025: 42.54 Million Metric Tons (+0.28% YoY)
- 2026: 42.65 Million Metric Tons (+0.26% YoY)
- 2027: 42.76 Million Metric Tons (+0.26% YoY)
- 2028: 42.87 Million Metric Tons (+0.26% YoY)
The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is 0.27%.
Future trends to watch include advancements in sugarcane agriculture, government policies affecting sugar production, and global sugar price fluctuations. Monitoring these factors will be crucial to understand the supply dynamics better.
