Southern Asia: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Southern Asia

In 2021, after two years of growth, there was decline in the South Asian non-mineral or non-aerated water market, when its value decreased by -4.8% to $X. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.7% against 2017 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced slightly in the following year.

Production of Non-Mineral or Non-Aerated Waters in Southern Asia

In value terms, non-mineral or non-aerated water production declined to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 -0.7% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of 33% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Exports of Non-Mineral or Non-Aerated Waters

Exports in Southern Asia

In 2021, exports of non-mineral or non-aerated waters in Southern Asia reduced remarkably to X litres, shrinking by -32.7% compared with the previous year. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 34%. The volume of export peaked at X litres in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by 128% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Sri Lanka (X litres) was the key exporter of non-mineral or non-aerated waters, achieving 54% of total exports. India (X litres) held the second position in the ranking, followed by Bangladesh (X litres) and Pakistan (X litres). All these countries together took near 45% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-mineral or non-aerated water exports from Sri Lanka stood at -7.3%. At the same time, Bangladesh (+9.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +9.2% from 2012-2021. By contrast, India (-15.2%) and Pakistan (-36.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sri Lanka, Bangladesh and India increased by +35, +17 and +4.6 percentage points, respectively.

In value terms, India ($X), Sri Lanka ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 89% of total exports. Bangladesh lagged somewhat behind, accounting for a further 7%.

In terms of the main exporting countries, Bangladesh, with a CAGR of +0.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per litre in 2021, rising by 75% against the previous year. Overall, the export price showed moderate growth. The pace of growth appeared the most rapid in 2019 an increase of 157%. As a result, the export price reached the peak level of $X per litre. From 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per litre), while Bangladesh ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+16.6%), while the other leaders experienced more modest paces of growth.

Imports of Non-Mineral or Non-Aerated Waters

Imports in Southern Asia

In 2021, purchases abroad of non-mineral or non-aerated waters decreased by -31.6% to X litres, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 297%. The volume of import peaked at X litres in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water imports shrank markedly to $X in 2021. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 100%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India was the key importing country with an import of about X litres, which amounted to 69% of total imports. Afghanistan (X litres) held the second position in the ranking, distantly followed by Maldives (X litres). All these countries together took approx. 27% share of total imports. Nepal (X litres) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to non-mineral or non-aerated water imports into India stood at +22.5%. At the same time, Maldives (+62.6%) and Nepal (+36.9%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +62.6% from 2012-2021. By contrast, Afghanistan (-24.5%) illustrated a downward trend over the same period. India (+64 p.p.), Maldives (+8.2 p.p.) and Nepal (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Afghanistan saw its share reduced by -74.8% from 2012 to 2021, respectively.

In value terms, India ($X) constitutes the largest market for imported non-mineral or non-aerated waters in Southern Asia, comprising 62% of total imports. The second position in the ranking was taken by Maldives ($X), with a 16% share of total imports. It was followed by Afghanistan, with an 8.4% share.

In India, non-mineral or non-aerated water imports increased at an average annual rate of +7.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Maldives (+46.4% per year) and Afghanistan (-33.8% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per litre in 2021, surging by 17% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the import price increased by 50% against the previous year. As a result, import price attained the peak level of $X per litre. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (-2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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