Report Update Nov 1, 2024

Hong Kong SAR, China - Unsweetened and Non-Flavoured Waters, Ice and Snow - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Hong Kong SAR, China

The Hong Kong non-mineral or non-aerated water market skyrocketed to $X in 2021, picking up by 21% 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). In general, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +3.6% against 2018 indices. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Exports of Non-Mineral or Non-Aerated Waters

Exports by Country

Sweden (X litres), Micronesia (X litres) and Australia (X litres) were the main destinations of non-mineral or non-aerated water exports from Hong Kong SAR, together accounting for 55% of total exports. These countries were followed by the UK, Malaysia, the United States, China, Macao SAR, South Africa and Panama, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +26.9%), while the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X) remains the key foreign market for non-mineral or non-aerated waters exports from Hong Kong SAR, comprising 47% of total exports. The second position in the ranking was taken by Micronesia ($X), with a 19% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Micronesia (-25.7% per year) and the UK (-11.2% per year).

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, declining by -23.6% against the previous year. In general, the export price, however, showed prominent growth. The growth pace was the most rapid in 2019 when the average export price increased by 88%. Over the period under review, the average export prices reached the peak figure at $X per litre in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per litre), while the average price for exports to China ($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 Macao SAR (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Hong Kong SAR, China

Non-mineral or non-aerated water imports into Hong Kong SAR soared to X litres in 2021, jumping by 36% against the previous year. In general, imports posted a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 80% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, non-mineral or non-aerated water imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 17% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-mineral or non-aerated waters in the world?

China constituted the country with the largest volume of non-mineral or non-aerated water consumption, accounting for 18% of total volume. Moreover, non-mineral or non-aerated water consumption in China exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by the Netherlands, with a 6.1% share.

What are the largest producers of non-mineral or non-aerated waters in the world?

The country with the largest volume of non-mineral or non-aerated water production was China, accounting for 88% of total volume.

What are the leading suppliers of non-mineral or non-aerated waters to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of non-mineral or non-aerated water to Hong Kong SAR.

What are the leading importers of non-mineral or non-aerated waters from Hong Kong SAR, China?

In value terms, Micronesia remains the key foreign market for non-mineral or non-aerated water exports from Hong Kong SAR, comprising 44% of total exports. The second position in the ranking was occupied by China, with a 7.9% share of total exports. It was followed by Australia, with a 6.1% share.

What is the average export price for non-mineral or non-aerated waters in Hong Kong SAR, China?

In 2021, the average non-mineral or non-aerated water export price amounted to $1.1 per litre, dropping by -5.4% against the previous year.

What is the average import price for non-mineral or non-aerated waters in Hong Kong SAR, China?

The average non-mineral or non-aerated water import price stood at $0.5 per litre in 2021, which is down by -20.2% against the previous year.

This report provides an in-depth analysis of the market for non-mineral or non-aerated water in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11071150 - Unsweetened and non-flavoured waters, ice and snow (excluding mineral and aerated waters)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023