Belarus: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Belarus

The Belarusian mineral or aerated water market rose to $X in 2022, increasing by 1.8% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Mineral or Aerated Waters in Belarus

In value terms, mineral or aerated water production reached $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 44%. Mineral or aerated water production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Mineral or Aerated Waters

Exports from Belarus

In 2022, after two years of growth, there was significant decline in overseas shipments of mineral or aerated waters, when their volume decreased by -17.9% to X litres. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 19%. The exports peaked at X litres in 2021, and then declined dramatically in the following year.

In value terms, mineral or aerated water exports dropped significantly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 33%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Russia (X litres), Latvia (X litres) and Lithuania (X litres) were the main destinations of mineral or aerated water exports from Belarus, together accounting for 93% of total exports. These countries were followed by Ukraine, which accounted for a further 6.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +72.0%), while the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) remains the key foreign market for mineral or aerated waters exports from Belarus, comprising 47% of total exports. The second position in the ranking was held by Latvia ($X), with a 20% share of total exports. It was followed by Ukraine, with a 19% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+2.8% per year) and Ukraine (+80.9% per year).

Export Prices by Country

In 2022, the average mineral or aerated water export price amounted to $X per litre, shrinking by -5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 22%. The export price peaked at $X per litre in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per litre), while the average price for exports to Lithuania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Mineral or Aerated Waters

Imports into Belarus

In 2022, approx. X litres of mineral or aerated waters were imported into Belarus; surging by 9.4% on the year before. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, mineral or aerated water imports surged to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 70%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Russia (X litres), Georgia (X litres) and France (X litres) were the main suppliers of mineral or aerated water imports to Belarus, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +18.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X) constituted the largest supplier of mineral or aerated waters to Belarus, comprising 65% of total imports. The second position in the ranking was taken by Russia ($X), with a 26% share of total imports. It was followed by France, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value from Georgia totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+14.6% per year) and France (-6.3% per year).

Import Prices by Country

The average mineral or aerated water import price stood at $X per litre in 2022, increasing by 11% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2017 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $X per litre in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per litre), while the price for Russia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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