Romania: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Romania

The Romanian mineral or aerated water market reduced modestly to $X in 2022, which is down by -2.6% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Mineral or aerated water consumption peaked at $X in 2021, and then dropped in the following year.

Production of Mineral or Aerated Waters in Romania

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, 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 13% against the previous year. Over the period under review, production reached the peak level at $X in 2021, and then declined slightly in the following year.

Exports of Mineral or Aerated Waters

Exports from Romania

In 2022, exports of mineral or aerated waters from Romania soared to X tons, picking up by 19% on the previous year. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, mineral or aerated water exports expanded sharply to $X in 2022. Overall, exports showed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 137% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Moldova (X tons), the UK (X tons) and Greece (X tons) were the main destinations of mineral or aerated water exports from Romania, together accounting for 79% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +53.7%), while the other leaders experienced more modest paces of growth.

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

Among the main countries of destination, Greece, with a CAGR of +51.3%, saw 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 mineral or aerated water export price amounted to $X per ton, declining by -10.7% against the previous year. Over the period under review, export price indicated perceptible growth 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, mineral or aerated water export price increased by +42.7% against 2015 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 88% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into Romania

After two years of decline, overseas purchases of mineral or aerated waters increased by 19% to X tons in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 47% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, mineral or aerated water imports stood at $X in 2022. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by 40%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) constituted the largest mineral or aerated water supplier to Romania, accounting for a 54% share of total imports. Moreover, mineral or aerated water imports from Hungary exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+6.1% per year) and Italy (+13.7% per year).

In value terms, the largest mineral or aerated water suppliers to Romania were Hungary ($X), Italy ($X) and France ($X), together accounting for 75% of total imports. Bulgaria, Serbia and Turkey lagged somewhat behind, together comprising a further 21%.

Serbia, with a CAGR of +160.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mineral or aerated water import price stood at $X per ton in 2022, shrinking by -9% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +58.9% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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