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

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

The Chinese non-mineral or non-aerated water market reached $X in 2021, almost unchanged from the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Non-Mineral or Non-Aerated Waters in China

In value terms, non-mineral or non-aerated water production fell to $X in 2021 estimated in export price. Overall, production showed significant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 6,402% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced modestly in the following year.

Exports of Non-Mineral or Non-Aerated Waters

Exports from China

Non-mineral or non-aerated water exports from China totaled X litres in 2021, remaining relatively unchanged against 2020 figures. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 89,605% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, non-mineral or non-aerated water exports reached $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 6.5%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Singapore (X litres), Cambodia (X litres) and Myanmar (X litres) were the main destinations of non-mineral or non-aerated water exports from China, together accounting for less than 0.1% of total exports. The United Arab Emirates and South Korea lagged somewhat behind, together accounting for a further less than 0.1%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +41.5%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X), Cambodia ($X) and the United Arab Emirates ($X) appeared to be the largest markets for non-mineral or non-aerated water exported from China worldwide, with a combined 0.1% share of total exports.

In terms of the main countries of destination, Cambodia, with a CAGR of +68.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-mineral or non-aerated water export price stood at less than $X per litre in 2021, approximately equating the previous year. Overall, the export price continues to indicate a sharp downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure at $X per litre in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per litre), while the average price for exports to South Korea ($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 Cambodia (+2,216.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Mineral or Non-Aerated Waters

Imports into China

In 2021, non-mineral or non-aerated water imports into China rose rapidly to X litres, increasing by 9.5% compared with 2020. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 580% against the previous year. Imports peaked at X litres in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, non-mineral or non-aerated water imports soared to $X in 2021. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 85% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

South Korea (X litres), New Zealand (X litres) and the United States (X litres) were the main suppliers of non-mineral or non-aerated water imports to China, together accounting for 63% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +55.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-mineral or non-aerated water suppliers to China were South Korea ($X), New Zealand ($X) and Canada ($X), with a combined 53% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +70.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-mineral or non-aerated water import price amounted to $X per litre, with an increase of 9.9% against the previous year. Over the period under review, the import price recorded a noticeable increase. The most prominent rate of growth was recorded in 2016 an increase of 172%. Over the period under review, average import prices reached the peak figure at $X per litre in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per litre), while the price for the United States ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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