The sweeteners export volume in Europe stood at 25.59 million metric tons in 2023, evidencing a 1.81% year-on-year increase from 2022. This trajectory follows a pattern of relatively steady growth with variations such as a significant spike in 2017 by 13.32%, and a slight dip in 2019 by -1.4%. Over the past five years, the compound annual growth rate (CAGR) was 1.25%, illustrating a slow yet consistent upward trend. Looking forward, the forecasted volume is projected to reach 27.73 million metric tons by 2028, reflecting a CAGR of 1.27%, which indicates a moderate but stable growth with an overall 6.5% increase from 2023.
Future trends to watch for include potential market impacts from regulatory changes concerning sugar content, advancements in alternative sweetener technologies, and shifts in global trade policies which may affect European exports.
