The Sweeteners Export Volume in South America experienced fluctuating variations from 2014 to 2023. After reaching 31.63 million metric tons in 2016, the volume decreased sharply by 25.29% in 2018 to 23.29 million metric tons. Subsequent years saw a partial recovery but still faced volatile year-on-year changes, resulting in a 2023 figure of 24.84 million metric tons, reflecting a minor decline of 0.67% from 2022. The average annual growth rate over the last five years was 1.3%.
Future trends to watch include:
- Continued annual declines forecasted at an average rate of 0.57% through 2028.
- Potential impacts of policy changes, climate conditions, and global market demand on production and export volumes.
