Indonesia: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Indonesia

The Indonesian mineral or aerated water market reduced to $X in 2022, waning by -8.6% against the previous year. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.6% against 2020 indices. Mineral or aerated water consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Mineral or Aerated Waters in Indonesia

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +10.7% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 32% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports from Indonesia

In 2022, approx. X tons of mineral or aerated waters were exported from Indonesia; jumping by 27% compared with the year before. In general, exports showed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 58%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, mineral or aerated water exports expanded notably to $X in 2022. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 93%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons), Timor-Leste (X tons) and Singapore (X tons) were the main destinations of mineral or aerated water exports from Indonesia, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +155.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mineral or aerated water exported from Indonesia were the Philippines ($X), Timor-Leste ($X) and Singapore ($X), with a combined 97% share of total exports.

The Philippines, with a CAGR of +125.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average mineral or aerated water export price amounted to $X per ton, waning by -11.9% against the previous year. In general, the export price saw a perceptible slump. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Mineral or Aerated Waters

Imports into Indonesia

In 2022, approx. X tons of mineral or aerated waters were imported into Indonesia; which is down by -34.7% against the year before. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 79% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mineral or aerated water imports fell to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 87% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), South Korea (X tons) and France (X tons) were the main suppliers of mineral or aerated water imports to Indonesia, together comprising 87% of total imports. Fiji, China and Japan lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +57.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral or aerated water suppliers to Indonesia were Italy ($X), France ($X) and Fiji ($X), together accounting for 77% of total imports. These countries were followed by Japan, South Korea and China, which together accounted for a further 22%.

Among the main suppliers, China, with a CAGR of +64.9%, saw the highest rates of growth with regard to 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

The average mineral or aerated water import price stood at $X per ton in 2022, growing by 32% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mineral or aerated water import price increased by +89.3% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 36%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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