Slovakia: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Slovakia

The Slovak non-mineral or non-aerated water market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.9% against 2018 indices. Non-mineral or non-aerated water consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Non-Mineral or Non-Aerated Waters in Slovakia

In value terms, non-mineral or non-aerated water production surged to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -14.3% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 73% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Slovakia

In 2021, shipments abroad of non-mineral or non-aerated waters increased by 5.6% to X litres, rising for the fifth year in a row after two years of decline. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 1,706% against the previous year. As a result, the exports attained the peak of X litres. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports dropped significantly to $X in 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 3,237% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X litres), the Czech Republic (X litres) and the UK (X litres) were the main destinations of non-mineral or non-aerated water exports from Slovakia, with a combined 98% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +85.8%), while the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X) emerged as the key foreign market for non-mineral or non-aerated waters exports from Slovakia, comprising 49% of total exports. The second position in the ranking was taken by China ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+16.0% per year) and the UK (-46.8% per year).

Export Prices by Country

The average non-mineral or non-aerated water export price stood at $X per litre in 2021, shrinking by -43.3% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2014 an increase of 85%. Over the period under review, the average export prices reached the maximum at $X per litre in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to China ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-4.5%), while the prices for the other major destinations experienced a decline.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Slovakia

In 2021, the amount of non-mineral or non-aerated waters imported into Slovakia soared to X litres, increasing by 342% compared with the previous year's figure. In general, imports showed significant growth. Imports peaked at X litres in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports soared to $X in 2021. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 897% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X litres) constituted the largest non-mineral or non-aerated water supplier to Slovakia, with a 74% share of total imports. Moreover, non-mineral or non-aerated water imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, France (X litres), sixfold. The third position in this ranking was held by Austria (X litres), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +41.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.0% per year) and Austria (+142.6% per year).

In value terms, the largest non-mineral or non-aerated water suppliers to Slovakia were France ($X), the Czech Republic ($X) and Austria ($X), together accounting for 71% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +143.0%, 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 non-mineral or non-aerated water import price stood at $X per litre in 2021, increasing by 5.3% against the previous year. In general, the import price, however, faced a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 245% against the previous year. Over the period under review, average import prices hit record highs at $X per litre in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per litre), while the price for the Czech Republic ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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