Kenya: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Kenya

The Kenyan mineral or aerated water market fell to $X in 2022, waning by -4.8% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +5.3% against 2020 indices. Mineral or aerated water consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Mineral or Aerated Waters in Kenya

In value terms, mineral or aerated water production reduced slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +5.3% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 32% against the previous year. Mineral or aerated water production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports from Kenya

Mineral or aerated water exports from Kenya soared to X tons in 2022, growing by 102% against the previous year's figure. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by 2,028% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, mineral or aerated water exports rose rapidly to $X in 2022. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2018 when exports increased by 1,174%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Djibouti (X tons) and Uganda (X tons) were the main destinations of mineral or aerated water exports from Kenya, with a combined 14% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +96.6%), 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 Kenya were Australia ($X), the United Arab Emirates ($X) and Uganda ($X), together comprising 11% of total exports.

The United Arab Emirates, with a CAGR of +46.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mineral or aerated water export price amounted to $X per ton, reducing by -43.8% against the previous year. In general, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 139%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Sudan ($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 Australia (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into Kenya

In 2022, purchases abroad of mineral or aerated waters decreased by -4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 121%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, mineral or aerated water imports fell markedly to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 93% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest mineral or aerated water supplier to Kenya, accounting for a 41% share of total imports. Moreover, mineral or aerated water imports from the UK exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (-21.7% per year) and Germany (+31.3% per year).

In value terms, the UK ($X) constituted the largest supplier of mineral or aerated waters to Kenya, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with a 5% share of total imports. It was followed by Tanzania, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.1% per year) and Tanzania (-30.6% per year).

Import Prices by Country

The average mineral or aerated water import price stood at $X per ton in 2022, reducing by -12.1% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +1.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 77%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Hong Kong SAR ($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 UK (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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