South Africa: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in South Africa

The South African mineral or aerated water market dropped to $X in 2022, shrinking by -5.8% against the previous year. The market value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Mineral or aerated water consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Mineral or Aerated Waters in South Africa

In value terms, mineral or aerated water production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 26%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports from South Africa

In 2022, overseas shipments of mineral or aerated waters increased by 9.3% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 29% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mineral or aerated water exports rose significantly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X tons) was the main destination for mineral or aerated water exports from South Africa, with a 80% share of total exports. Moreover, mineral or aerated water exports to Namibia exceeded the volume sent to the second major destination, Swaziland (X tons), sevenfold. Lesotho (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Namibia stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-6.3% per year) and Lesotho (-3.9% per year).

In value terms, Namibia ($X) remains the key foreign market for mineral or aerated waters exports from South Africa, comprising 63% of total exports. The second position in the ranking was taken by Swaziland ($X), with a 13% share of total exports. It was followed by Kenya, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Namibia stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-6.5% per year) and Kenya (+150.8% per year).

Export Prices by Country

In 2022, the average mineral or aerated water export price amounted to $X per ton, leveling off at the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.7% 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 +70.4% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 157%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Namibia ($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 Zimbabwe (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into South Africa

In 2022, approx. X tons of mineral or aerated waters were imported into South Africa; remaining constant against 2021 figures. Overall, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 347%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, mineral or aerated water imports skyrocketed to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +82.8% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by 50% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of mineral or aerated water to South Africa, accounting for a 63% share of total imports. Moreover, mineral or aerated water imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+9.5% per year) and the United Arab Emirates (+1.6% per year).

In value terms, Italy ($X) constituted the largest supplier of mineral or aerated waters to South Africa, comprising 67% of total imports. The second position in the ranking was held by the UK ($X), with an 11% share of total imports. It was followed by France, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+15.8% per year) and France (-9.6% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, picking up by 45% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 280%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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