Eastern Europe: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Eastern Europe

The East European mineral or aerated water market contracted to $X in 2022, declining by -1.8% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 9% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Mineral or Aerated Waters in Eastern Europe

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. In general, production showed a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of 9.6% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports in Eastern Europe

In 2022, mineral or aerated water exports in Eastern Europe contracted to X litres, with a decrease of -2.7% on the previous year. Total exports indicated a resilient expansion from 2012 to 2022: its volume 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, exports increased by +32.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of X litres, and then declined slightly in the following year.

In value terms, mineral or aerated water exports declined slightly to $X in 2022. The total export value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 36%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Russia (X litres), Slovakia (X litres) and the Czech Republic (X litres) represented roughly 56% of total exports in 2022. Lithuania (X litres) held a 9.2% share (based on physical terms) of total exports, which put it in second place, followed by Poland (8.6%), Romania (7.9%) and Hungary (5.6%).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +14.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 45% share of total exports. These countries were followed by Romania, Lithuania, the Czech Republic and Hungary, which together accounted for a further 40%.

Romania, with a CAGR of +15.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per litre, stabilizing at the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per litre), while the Czech Republic ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.8%), while the other leaders experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports in Eastern Europe

In 2022, approx. X litres of mineral or aerated waters were imported in Eastern Europe; growing by 2.9% against 2021. The total import volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, mineral or aerated water imports fell to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +11.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 33% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the eight major importers of mineral or aerated waters, namely Russia, the Czech Republic, Slovakia, Latvia, Romania, Moldova, Belarus and Ukraine, represented more than two-thirds of total import. Estonia (X litres) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Moldova (with a CAGR of +13.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported mineral or aerated waters in Eastern Europe, comprising 42% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 8.2% share of total imports. It was followed by Belarus, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +6.3%. In the other countries, the average annual rates were as follows: the Czech Republic (+1.7% per year) and Belarus (+7.6% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per litre, with a decrease of -13.8% against the previous year. In general, the import price showed a slight contraction. The growth pace was the most rapid in 2013 when the import price increased by 13% against the previous year. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per litre), while the Czech Republic ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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