In 2023, China led the global export market for glucose syrup of less than 20% fructose, contributing $27.66 million, while the United States followed with $17.58 million. Germany and Italy held significant positions with $6.46 million and $5.52 million, respectively. Year-on-year growth shows notable increases for countries like Canada and Switzerland, while the UK and Mexico observed declines. Over the past five years, countries like Pakistan and Bulgaria have shown impressive CAGRs, reflecting growing export capabilities. Conversely, regions such as Malaysia and Israel witnessed significant downturns, highlighting challenges in sustaining their market presence.
Future trends to watch include the progression of China's market share, driven by steady growth, and India's emerging role, supported by favorable economic conditions. Additionally, environmental regulations and changing consumer preferences might impact the market dynamics, creating opportunities for innovation in product formulation and sustainable production practices.
Top countries in Export of Glucose Syrup of Less Than 20% Fructose Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.66 | 2023 | +3.23% | +3.16% | View data |
| 2 | 2 United States | 17.58 | 2023 | +0.99% | +1.54% | View data |
| 3 | 3 Germany | 6.46 | 2023 | +1.18% | +0.31% | View data |
| 4 | 4 Italy | 5.52 | 2023 | -0.76% | -0.74% | View data |
| 5 | 5 Netherlands | 5.1 | 2023 | -4.02% | -2.85% | View data |
| 6 | 6 India | 4.98 | 2023 | +1.87% | +3.67% | View data |
| 7 | 7 Canada | 3.97 | 2023 | +3.46% | +6.6% | View data |
| 8 | 8 Bulgaria | 3.57 | 2023 | +3.02% | +2.98% | View data |
| 9 | 9 Pakistan | 3.46 | 2023 | +3.92% | +5.5% | View data |
| 10 | 10 Slovakia | 2.88 | 2023 | +1.47% | +2.04% | View data |
