SADC: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in SADC

The SADC mineral or aerated water market dropped modestly to $X in 2022, waning by -5% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Mineral or Aerated Waters in SADC

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 +1.1% 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 15% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Mineral or Aerated Waters

Exports in SADC

After four years of decline, shipments abroad of mineral or aerated waters increased by 7.5% to X tons in 2022. Overall, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 21%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mineral or aerated water exports expanded remarkably to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X tons, which was near 93% of total exports in 2022. Mozambique (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mineral or aerated water exports from South Africa stood at -7.5%. At the same time, Mozambique (+35.0%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of +35.0% from 2012-2022. Mozambique (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest mineral or aerated water supplier in SADC, comprising 93% of total exports. The second position in the ranking was held by Mozambique ($X), with a 1.3% share of total exports.

In South Africa, mineral or aerated water exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, leveling off at the previous year. Export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% 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 +30.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 133%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Mozambique stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+8.7%).

Imports of Mineral or Aerated Waters

Imports in SADC

In 2022, purchases abroad of mineral or aerated waters increased by 8.4% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, mineral or aerated water imports amounted to $X in 2022. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Namibia (X tons), distantly followed by South Africa (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons), Swaziland (X tons), Angola (X tons), Mauritius (X tons) and Comoros (X tons) were the main importers of mineral or aerated waters, together committing 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for Namibia (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mineral or aerated water importing markets in SADC were Namibia ($X), South Africa ($X) and Democratic Republic of the Congo ($X), with a combined 56% share of total imports. These countries were followed by Mauritius, Angola, Swaziland, Comoros and Zimbabwe, which together accounted for a further 30%.

Mauritius, with a CAGR of +6.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, picking up by 4.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 13%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform