Northern America: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Northern America

The North American market for non-alcoholic beverages, not containing milk reduced slightly to $X in 2022, dropping by -1.9% against the previous year. The total consumption indicated resilient 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. Over the period under review, the market hit record highs at $X in 2021, and then fell slightly in the following year.

Production of Non-Alcoholic Beverages, Not Containing Milk in Northern America

In value terms, non-alcoholic beverage, not containing milk production fell modestly to $X in 2022 estimated in export price. The total production indicated a buoyant increase 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, production decreased by -1.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports in Northern America

In 2022, after three years of growth, there was decline in overseas shipments of non-alcoholic beverages, not containing milk, when their volume decreased by -1.3% to X litres. Total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.7% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 78%. As a result, the exports reached the peak of X litres. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-alcoholic beverage, not containing milk exports declined to $X in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 15% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The United States was the key exporter of non-alcoholic beverages, not containing milk in Northern America, with the volume of exports resulting at X litres, which was near 69% of total exports in 2022. It was distantly followed by Canada (X litres), constituting a 31% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of non-alcoholic beverages, not containing milk. At the same time, Canada (+23.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +23.3% from 2012-2022. While the share of Canada (+26 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-25.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest non-alcoholic beverage, not containing milk supplier in Northern America, comprising 75% of total exports. The second position in the ranking was held by Canada ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +3.1%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per litre, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2015 when the export price increased by 35%. Over the period under review, the export prices hit record highs at $X per litre in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per litre), while Canada stood at $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%).

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports in Northern America

After two years of growth, supplies from abroad of non-alcoholic beverages, not containing milk decreased by -29.5% to X litres in 2022. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 25% against the previous year. The volume of import peaked at X litres in 2021, and then shrank remarkably in the following year.

In value terms, non-alcoholic beverage, not containing milk imports fell sharply to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 14% against the previous year. The level of import peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, the United States (X litres) was the key importer of non-alcoholic beverages, not containing milk, creating 66% of total imports. It was distantly followed by Canada (X litres), constituting a 34% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United States (with a CAGR of +3.8%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, the United States, with a CAGR of +3.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per litre, with an increase of 7.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per litre), while the United States totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :