Romania: Bottled Water Market 2024

Bottled Water Market Size in Romania

The Romanian bottled water market dropped slightly to $X in 2022, reducing by -2.6% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 9.8% against the previous year. Bottled water consumption peaked at $X in 2021, and then contracted slightly in the following year.

Bottled Water Production in Romania

In value terms, bottled water production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 12%. Over the period under review, production reached the peak level at $X in 2021, and then fell in the following year.

Bottled Water Exports

Exports from Romania

In 2022, the amount of bottled waters exported from Romania soared to X tons, growing by 20% against 2021. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, bottled water exports rose rapidly to $X in 2022. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2014 with an increase of 136%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Moldova (X tons), the UK (X tons) and Greece (X tons) were the main destinations of bottled water exports from Romania, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +53.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bottled water exported from Romania were the UK ($X), Moldova ($X) and Greece ($X), with a combined 73% share of total exports.

In terms of the main countries of destination, Greece, with a CAGR of +51.4%, recorded the highest growth rate of the value of exports, 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 bottled water export price amounted to $X per ton, with a decrease of -10.4% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price 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, bottled water export price increased by +47.3% against 2015 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 86%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Moldova ($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 the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bottled Water Imports

Imports into Romania

In 2022, after two years of decline, there was significant growth in purchases abroad of bottled waters, when their volume increased by 20% to X tons. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 45% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bottled water imports stood at $X in 2022. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of bottled water to Romania, with a 51% share of total imports. Moreover, bottled water imports from Hungary exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+6.1% per year) and Italy (+13.2% per year).

In value terms, Hungary ($X), Italy ($X) and France ($X) appeared to be the largest bottled water suppliers to Romania, together comprising 71% of total imports. These countries were followed by Bulgaria, Serbia and Turkey, which together accounted for a further 21%.

Among the main suppliers, Serbia, with a CAGR of +160.9%, recorded 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 average bottled water import price stood at $X per ton in 2022, reducing by -12.4% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 19%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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