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

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

In 2021, the Indonesian non-mineral or non-aerated water market was finally on the rise to reach $X after two years of decline. The market 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 throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

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

In value terms, non-mineral or non-aerated water production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 46% against the previous year. Non-mineral or non-aerated water production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Indonesia

In 2021, the amount of non-mineral or non-aerated waters exported from Indonesia soared to X litres, increasing by 23% compared with 2020 figures. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 548% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, non-mineral or non-aerated water exports expanded sharply to $X in 2021. In general, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 303% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Singapore (X litres) was the main destination for non-mineral or non-aerated water exports from Indonesia, with a 85% share of total exports. Moreover, non-mineral or non-aerated water exports to Singapore exceeded the volume sent to the second major destination, Timor-Leste (X litres), ninefold. The third position in this ranking was held by China (X litres), with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume to Singapore stood at +156.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (+6.3% per year) and China (+29.0% per year).

In value terms, Singapore ($X) remains the key foreign market for non-mineral or non-aerated waters exports from Indonesia, comprising 90% of total exports. The second position in the ranking was held by Timor-Leste ($X), with a 3.9% share of total exports. It was followed by China, with a 1.6% share.

From 2012 to 2021, the average annual growth rate of value to Singapore totaled +131.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (+1.5% per year) and China (+17.8% per year).

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, dropping by -12.7% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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 Taiwan (Chinese) ($X per litre), while the average price for exports to Timor-Leste ($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 Papua New Guinea (+26.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Indonesia

Non-mineral or non-aerated water imports into Indonesia declined sharply to X litres in 2021, shrinking by -91.8% on the previous year's figure. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 609%. Imports peaked at X litres in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports fell sharply to $X in 2021. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 611%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X litres), Japan (X litres) and Italy (X litres) were the main suppliers of non-mineral or non-aerated water imports to Indonesia, together accounting for 81% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +140.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of non-mineral or non-aerated waters to Indonesia, comprising 55% of total imports. The second position in the ranking was taken by Japan ($X), with a 14% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore stood at +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-46.6% per year) and Sweden (+24.8% per year).

Source: IndexBox Platform

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