In 2023, China led the global export of glucose syrup with values surpassing 400 million USD, followed by the United States and Germany. Significant growth was noted in Canada and Pakistan, driven by strong year-on-year increases of 6.6% and 5.5%, respectively. Conversely, the UK and Japan saw notable declines. Brazil and South Africa also contributed positively with over 4% growth each. Meanwhile, European exporters like Netherlands and Sweden experienced downturns, suggesting a shift in market dynamics.
Future trends indicate a potential shift in market share among key exporting nations as emerging markets such as India and Pakistan continue their upward trajectories. Focus might also be placed on sustainability and meeting increased demand from industries exploring alternative sweeteners.
Top countries in Export of Glucose Syrup of Less Than 20% Fructose by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 404,830,000 | 2023 | +3.23% | +3.16% | View data |
| 2 | 2 United States | 257,230,000 | 2023 | +0.99% | +1.54% | View data |
| 3 | 3 Germany | 94,550,000 | 2023 | +1.18% | +0.31% | View data |
| 4 | 4 Italy | 80,758,000 | 2023 | -0.76% | -0.74% | View data |
| 5 | 5 Netherlands | 74,577,000 | 2023 | -4.02% | -2.85% | View data |
| 6 | 6 India | 72,873,000 | 2023 | +1.87% | +3.67% | View data |
| 7 | 7 Canada | 58,073,000 | 2023 | +3.46% | +6.6% | View data |
| 8 | 8 Bulgaria | 52,236,000 | 2023 | +3.02% | +2.98% | View data |
| 9 | 9 Pakistan | 50,694,000 | 2023 | +3.92% | +5.5% | View data |
| 10 | 10 Slovakia | 42,183,000 | 2023 | +1.47% | +2.04% | View data |