Belgium: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Belgium

The Belgian non-mineral or non-aerated water market contracted to $X in 2021, declining by -5.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.7% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Belgium

Non-mineral or non-aerated water exports from Belgium rose remarkably to X litres in 2021, surging by 11% on the previous year. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 37% against the previous year. Over the period under review, the exports reached the peak figure at X litres in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports surged to $X in 2021. In general, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +34.1% against 2019 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 48% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X litres) was the main destination for non-mineral or non-aerated water exports from Belgium, accounting for a 75% share of total exports. Moreover, non-mineral or non-aerated water exports to France exceeded the volume sent to the second major destination, Luxembourg (X litres), sixfold. The Netherlands (X litres) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+5.6% per year) and the Netherlands (-9.9% per year).

In value terms, France ($X) remains the key foreign market for non-mineral or non-aerated waters exports from Belgium, comprising 66% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 16% share of total exports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+3.7% per year) and the Netherlands (+2.2% per year).

Export Prices by Country

The average non-mineral or non-aerated water export price stood at $X per litre in 2021, increasing by 6.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Belgium

In 2021, the amount of non-mineral or non-aerated waters imported into Belgium fell dramatically to X litres, dropping by -17.4% on 2020 figures. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. As a result, imports attained the peak of X litres. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports totaled $X in 2021. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 60% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, France (X litres) was the main supplier of non-mineral or non-aerated water to Belgium, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -6.2%.

In value terms, France ($X) constituted the largest supplier of non-mineral or non-aerated waters to Belgium.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at +13.6%.

Import Prices by Country

The average non-mineral or non-aerated water import price stood at $X per thousand litres in 2021, jumping by 22% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 66% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +20.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :