The projected decline in raw sugar equivalent export volume in the US from 234 thousand metric tons in 2024 to 198 thousand metric tons in 2028 signals a consistent downward trend. In 2023, exports stood at 240 thousand metric tons. A year-on-year decrease of approximately 3.8% is anticipated between 2024 to 2028. The compound annual growth rate (CAGR) is approximately -3.2% over five years.
Future trends to monitor include:
- Global sugar market fluctuations, particularly in major import and export markets.
- Domestic policy changes affecting sugar production and trade agreements.
- Consumer preference shifts towards natural sweeteners and associated impacts on demand.
