Middle East: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in the Middle East

The Middle Eastern mineral or aerated water market fell modestly to $X in 2022, waning by -2.7% against the previous year. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -15.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mineral or Aerated Waters in the Middle East

In value terms, mineral or aerated water production fell slightly to $X in 2022 estimated in export price. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 44% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports in the Middle East

In 2022, shipments abroad of mineral or aerated waters increased by 5.1% to X litres, rising for the second year in a row after two years of decline. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 42%. The volume of export peaked at X litres in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, mineral or aerated water exports expanded to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 40% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X litres) and Turkey (X litres) represented roughly 67% of total exports in 2022. Oman (X litres) held the next position in the ranking, followed by Lebanon (X litres). All these countries together held approx. 19% share of total exports. Palestine (X litres), Saudi Arabia (X litres) and Bahrain (X litres) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia (with a CAGR of +21.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Palestine ($X) constituted the countries with the highest levels of exports in 2022, with a combined 73% share of total exports. These countries were followed by Lebanon, Oman, Saudi Arabia and Bahrain, which together accounted for a further 20%.

Saudi Arabia, with a CAGR of +23.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per litre in 2022, with a decrease of -1.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. As a result, the export price attained the peak level of $X per litre, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Palestine ($X per litre), while Oman ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports in the Middle East

In 2022, overseas purchases of mineral or aerated waters increased by 4.4% to X litres, rising for the second consecutive year after three years of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports reached the peak figure at X litres in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mineral or aerated water imports shrank to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 34% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X litres), Israel (X litres) and Oman (X litres) represented the key importer of mineral or aerated waters in the Middle East, achieving 68% of total import. Saudi Arabia (X litres) held the next position in the ranking, followed by Kuwait (X litres) and Palestine (X litres). All these countries together held near 22% share of total imports. Qatar (X litres) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +13.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral or aerated water importing markets in the Middle East were the United Arab Emirates ($X), Israel ($X) and Saudi Arabia ($X), with a combined 65% share of total imports.

Among the main importing countries, Israel, with a CAGR of +12.9%, 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 import price in the Middle East stood at $X per litre in 2022, declining by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 when the import price increased by 42%. As a result, import price attained the peak level of $X per litre. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per litre), while Oman ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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