From 2014 to 2023, the volume of sweeteners exported from South Korea has shown a general upward trend, reaching 983 thousand metric tons in 2023. Over the last two years, the year-on-year growth rate has stabilized around 0.51%, while the Compound Annual Growth Rate (CAGR) over the last five years stands at 0.45%. Although there were fluctuations with notable peaks and troughs, such as an 8.67% increase in 2016 and a -5.15% drop in 2017, the overall trajectory remains positive.

Future trends to watch for include:

Slightly increasing growth with a forecasted 5-year CAGR of 0.36%, leading to an export volume of 1010 thousand metric tons by 2028.
Potential impact of global trade dynamics, especially changes in demand from major importing countries.
Shift towards natural and alternative sweeteners that might affect traditional sweetener exports.