In 2023, India's sweeteners export volume stood at 2.98 million metric tons. Forecast data from 2024 to 2028 shows a steady increase. In 2024, exports are projected at 2.99 million metric tons, maintaining the same level through 2026. By 2027, the volume is expected to rise slightly to 3.0 million metric tons and sustain this level through 2028.
- Year-on-year variation for 2022-2023 stood at 0.34%.
- Forecasted year-on-year variation from 2024 to 2026 is stable at 0.34%.
- The slight increase in 2027 represents a 0.34% variation.
- The compound annual growth rate (CAGR) over the five years is approximately 0.13%.
Future trends to watch for include changes in global demand for sweeteners, potential shifts in agricultural outputs, and adjustments in trade policies which could impact export volumes. Monitoring these factors can provide deeper insights into potential deviations from the current forecast.
