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

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

The Irish non-mineral or non-aerated water market reduced remarkably to less than $X in 2021, which is down by 99.9% against the previous year. Overall, consumption, however, enjoyed prominent growth. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

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

In value terms, non-mineral or non-aerated water production stood at $X in 2021 estimated in export price. In general, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 121% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Ireland

In 2020, approx. X litres of non-mineral or non-aerated waters were exported from Ireland; shrinking by -75.3% compared with the previous year. In general, exports faced a sharp downturn. The pace of growth was the most pronounced in 2019 when exports increased by 1,863% against the previous year. The exports peaked at X litres in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports reduced dramatically to $X in 2020. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2019 when exports increased by 950%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X litres) was the main destination for non-mineral or non-aerated water exports from Ireland, with a 89% share of total exports. Moreover, non-mineral or non-aerated water exports to the UK exceeded the volume sent to the second major destination, the United States (X litres), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to the UK totaled -22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+25.7% per year) and Bahrain (-38.4% per year).

In value terms, the largest markets for non-mineral or non-aerated water exported from Ireland were the UK ($X), the United States ($X) and Bahrain ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +46.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average non-mineral or non-aerated water export price stood at $X per litre in 2020, increasing by 18% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 105% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2019 to 2020, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Bahrain ($X per litre) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Ireland

After four years of decline, purchases abroad of non-mineral or non-aerated waters increased by 38% to X litres in 2020. Overall, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 524%. Imports peaked at X litres in 2015; however, from 2016 to 2020, imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports rose to $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The UK (X litres), France (X litres) and Turkey (X litres) were the main suppliers of non-mineral or non-aerated water imports to Ireland, together comprising 97% of total imports. Spain lagged somewhat behind, accounting for a further 1.6%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +96.8%), while imports for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of non-mineral or non-aerated waters to Ireland, comprising 71% of total imports. The second position in the ranking was taken by the UK ($X), with a 23% share of total imports. It was followed by Spain, with a 4.2% share.

From 2012 to 2020, the average annual growth rate of value from France amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-6.1% per year) and Spain (+99.4% per year).

Import Prices by Country

The average non-mineral or non-aerated water import price stood at $X per litre in 2020, which is down by -26.4% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of 216%. The import price peaked at $X per litre in 2019, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by France (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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