Russian Federation: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in the Russian Federation

The Russian mineral or aerated water market dropped modestly to $X in 2022, reducing by -2.6% against the previous year. Overall, consumption showed a pronounced curtailment. Mineral or aerated water consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Mineral or Aerated Waters in the Russian Federation

In value terms, mineral or aerated water production fell to $X in 2022 estimated in export price. In general, production showed a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. Mineral or aerated water production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports from the Russian Federation

Mineral or aerated water exports from Russia contracted markedly to X tons in 2022, shrinking by -30.9% against the previous year's figure. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, mineral or aerated water exports contracted to $X in 2022. Overall, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +12.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 54%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Ukraine (X tons) was the main destination for mineral or aerated water exports from Russia, with a 56% share of total exports. Moreover, mineral or aerated water exports to Ukraine exceeded the volume sent to the second major destination, Belarus (X tons), twofold. The third position in this ranking was held by Kazakhstan (X tons), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+30.1% per year) and Kazakhstan (+9.8% per year).

In value terms, the largest markets for mineral or aerated water exported from Russia were Ukraine ($X), Belarus ($X) and Kazakhstan ($X), together accounting for 74% of total exports.

Belarus, with a CAGR of +20.8%, saw the highest growth rate of the value of exports, among 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, surging by 30% against the previous year. Overall, the export price, however, recorded a drastic downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Ukraine ($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 Turkmenistan (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Mineral or Aerated Waters

Imports into the Russian Federation

In 2022, the amount of mineral or aerated waters imported into Russia shrank to X tons, with a decrease of -12.3% against 2021. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 65%. Imports peaked 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 reduced rapidly to $X in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Georgia (X tons) constituted the largest mineral or aerated water supplier to Russia, with a 69% share of total imports. Moreover, mineral or aerated water imports from Georgia exceeded the figures recorded by the second-largest supplier, Armenia (X tons), sevenfold. The third position in this ranking was held by Italy (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Georgia totaled +85.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Armenia (+2.5% per year) and Italy (-0.5% per year).

In value terms, Georgia ($X) constituted the largest supplier of mineral or aerated waters to Russia, comprising 72% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total imports. It was followed by Armenia, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Georgia amounted to +92.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.8% per year) and Armenia (+3.2% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, shrinking by -3.4% against the previous year. Overall, the import price saw a mild slump. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, 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 ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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