EU: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in the EU

The EU mineral or aerated water market reduced to $X in 2022, which is down by -1.6% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Mineral or Aerated Waters in the EU

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 14%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports in the EU

Mineral or aerated water exports rose notably to X litres in 2022, surging by 6.2% against 2021. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2019 when exports increased by 19%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, mineral or aerated water exports rose to $X in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 12% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, France (X litres) and Italy (X litres) represented the main exporters of mineral or aerated waters in the European Union, together accounting for near 67% of total exports. Belgium (X litres) took an 8.9% share (based on physical terms) of total exports, which put it in second place, followed by Germany (5.6%). Spain (X litres), Austria (X litres) and Slovakia (X litres) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +16.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral or aerated water supplying countries in the European Union were France ($X), Italy ($X) and Belgium ($X), together comprising 79% of total exports. These countries were followed by Germany, Spain, Austria and Slovakia, which together accounted for a further 10%.

In terms of the main exporting countries, Spain, with a CAGR of +19.4%, saw the highest growth rate of 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 export price in the European Union stood at $X per litre in 2022, falling by -4.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per litre), while Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mineral or Aerated Waters

Imports in the EU

In 2022, after two years of decline, there was growth in overseas purchases of mineral or aerated waters, when their volume increased by 1.1% to X litres. The total import volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 8.9% against the previous year. As a result, imports attained the peak of X litres. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, mineral or aerated water imports amounted to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 13% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons) and Belgium (X tons) represented roughly 55% of total imports in 2022. France (X tons) ranks next in terms of the total imports with a 12% share, followed by the Netherlands (5.4%). The following importers - the Czech Republic (X tons), Slovakia (X tons), Luxembourg (X tons), Croatia (X tons), Latvia (X tons), Austria (X tons) and Spain (X tons) - together made up 16% 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 Croatia (with a CAGR of +16.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral or aerated water importing markets in the European Union were Belgium ($X), Germany ($X) and France ($X), together accounting for 57% of total imports. The Netherlands, Spain, Luxembourg, the Czech Republic, Croatia, Slovakia, Latvia and Austria lagged somewhat behind, together accounting for a further 28%.

Croatia, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, surging by 2.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :