Bolivia: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Bolivia

The Bolivian market for non-alcoholic beverages, not containing milk shrank to $X in 2022, which is down by -4.8% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.3% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Non-Alcoholic Beverages, Not Containing Milk in Bolivia

In value terms, non-alcoholic beverage, not containing milk production contracted modestly to $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 79%. Non-alcoholic beverage, not containing milk production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Bolivia

In 2022, exports of non-alcoholic beverages, not containing milk from Bolivia totaled X litres, remaining relatively unchanged against the year before. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of 186%. As a result, the exports attained the peak of X litres. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-alcoholic beverage, not containing milk exports totaled $X in 2022. Overall, exports recorded a noticeable contraction. The growth pace was the most rapid in 2013 with an increase of 212%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X litres) and Aruba (X litres) were the main destinations of non-alcoholic beverage, not containing milk exports from Bolivia.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +0.0%).

In value terms, Paraguay ($X) and Aruba ($X) appeared to be the largest markets for non-alcoholic beverage, not containing milk exported from Bolivia worldwide.

In terms of the main countries of destination, Paraguay, with a CAGR of +4.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, flattening at the previous year. Over the period under review, the export price enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.1% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per litre), while the average price for exports to Aruba stood at $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+4.9%).

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Bolivia

Non-alcoholic beverage, not containing milk imports into Bolivia plummeted to X litres in 2022, waning by -54.4% against 2021. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 33%. As a result, imports reached the peak of X litres. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-alcoholic beverage, not containing milk imports reduced rapidly to $X in 2022. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 26%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X litres) constituted the largest non-alcoholic beverage, not containing milk supplier to Bolivia, accounting for a 56% share of total imports. Moreover, non-alcoholic beverage, not containing milk imports from Argentina exceeded the figures recorded by the second-largest supplier, South Korea (X litres), fivefold. The third position in this ranking was held by Peru (X litres), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina totaled -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+24.3% per year) and Peru (-8.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of non-alcoholic beverages, not containing milk to Bolivia, comprising 37% of total imports. The second position in the ranking was held by South Korea ($X), with a 16% share of total imports. It was followed by Peru, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina amounted to -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+28.1% per year) and Peru (-6.2% per year).

Import Prices by Country

The average import price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, with an increase of 26% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 an increase of 29%. Over the period under review, average import prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform