United Kingdom: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in the UK

In 2022, the UK mineral or aerated water market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. Mineral or aerated water consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Mineral or Aerated Waters in the UK

In value terms, mineral or aerated water production dropped slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 13%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports from the UK

In 2022, shipments abroad of mineral or aerated waters decreased by -20.5% to X tons, falling for the third consecutive year after two years of growth. Overall, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 27% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mineral or aerated water exports declined notably to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.1% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 28% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for mineral or aerated water exports from the UK, accounting for a 15% share of total exports. Moreover, mineral or aerated water exports to Ireland exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland totaled -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.8% per year) and Belgium (+7.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for mineral or aerated waters exports from the UK, comprising 17% of total exports. The second position in the ranking was held by Australia ($X), with an 8.1% share of total exports. It was followed by Ireland, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+11.9% per year) and Ireland (-10.2% per year).

Export Prices by Country

The average mineral or aerated water export price stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into the UK

For the fifth year in a row, the UK recorded decline in purchases abroad of mineral or aerated waters, which decreased by -0.7% to X tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, mineral or aerated water imports shrank slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 31% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest mineral or aerated water supplier to the UK, with a 77% share of total imports. Moreover, mineral or aerated water imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.4% per year) and Turkey (+35.1% per year).

In value terms, France ($X) constituted the largest supplier of mineral or aerated waters to the UK, comprising 74% of total imports. The second position in the ranking was held by Italy ($X), with a 30% share of total imports. It was followed by Turkey, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.0% per year) and Turkey (+31.1% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, with a decrease of -1.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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