Angola: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Angola

The Angolan mineral or aerated water market declined to $X in 2022, waning by -6% against the previous year. Over the period under review, consumption, however, saw a buoyant increase. Mineral or aerated water consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Mineral or Aerated Waters in Angola

In value terms, mineral or aerated water production shrank to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 65% against the previous year. Mineral or aerated water production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports from Angola

In 2022, shipments abroad of mineral or aerated waters was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,110%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, mineral or aerated water exports fell notably to $X in 2022. In general, exports recorded a moderate increase. The growth pace was the most rapid in 2015 with an increase of 795% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for mineral or aerated water exports from Angola, accounting for a 52% share of total exports. Moreover, mineral or aerated water exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Namibia (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at +54.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+16.0% per year) and Portugal (+48.2% per year).

In value terms, the largest markets for mineral or aerated water exported from Angola were Democratic Republic of the Congo ($X), Namibia ($X) and Portugal ($X), together comprising 92% of total exports.

Democratic Republic of the Congo, with a CAGR of +48.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average mineral or aerated water export price stood at $X per ton in 2022, reducing by -17.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 52% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Democratic Republic of the Congo (-4.0%), while the prices for the other major destinations experienced a decline.

Imports of Mineral or Aerated Waters

Imports into Angola

After three years of decline, purchases abroad of mineral or aerated waters increased by 24% to X tons in 2022. Over the period under review, imports, however, faced a sharp downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 85% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, mineral or aerated water imports skyrocketed to $X in 2022. In general, imports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest mineral or aerated water supplier to Angola, accounting for a 51% share of total imports. Moreover, mineral or aerated water imports from Portugal exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at -29.7%.

In value terms, Portugal ($X) constituted the largest supplier of mineral or aerated waters to Angola, comprising 46% of total imports. The second position in the ranking was taken by Spain ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal totaled -27.0%.

Import Prices by Country

The average mineral or aerated water import price stood at $X per ton in 2022, shrinking by -4.9% against the previous year. Over the period under review, the import price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 116%. The import price peaked at $X per ton in 2021, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Portugal amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.8%).

Source: IndexBox Platform

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