Report Update Nov 1, 2024

Sri Lanka - Unsweetened and Non-Flavoured Waters, Ice and Snow - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Sri Lanka

The Sri Lankan non-mineral or non-aerated water market expanded slightly to $X in 2021, surging by 4.4% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% 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 -4.0% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Non-Mineral or Non-Aerated Waters in Sri Lanka

In value terms, non-mineral or non-aerated water production rose sharply to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 -4.7% against 2019 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Sri Lanka

In 2021, non-mineral or non-aerated water exports from Sri Lanka reduced rapidly to X litres, shrinking by -51.9% against the year before. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 342% against the previous year. As a result, the exports reached the peak of X litres, and then fell significantly in the following year.

In value terms, non-mineral or non-aerated water exports reduced remarkably to $X in 2021. In general, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 146% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, picking up by 74% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-mineral or non-aerated water export price decreased by -2.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 127%. As a result, the export price reached the peak level of $X per litre. From 2020 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +175.7% per year.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Sri Lanka

In 2021, the amount of non-mineral or non-aerated waters imported into Sri Lanka declined sharply to X litres, with a decrease of -50% on 2020. In general, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 1,123% against the previous year. Over the period under review, imports reached the maximum at X litres in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports surged to $X in 2021. Overall, imports showed a noticeable reduction. The growth pace was the most rapid in 2016 when imports increased by 751% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Nauru (X litres) constituted the largest supplier of non-mineral or non-aerated water to Sri Lanka, accounting for a 82% share of total imports. Moreover, non-mineral or non-aerated water imports from Nauru exceeded the figures recorded by the second-largest supplier, Malaysia (X litres), sevenfold. The third position in this ranking was held by Bangladesh (X litres), with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from Nauru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+21.5% per year) and Bangladesh (0.0% per year).

In value terms, the largest non-mineral or non-aerated water suppliers to Sri Lanka were Nauru ($X), Malaysia ($X) and Bangladesh ($X), together accounting for 97% of total imports.

Among the main suppliers, Malaysia, with a CAGR of +14.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-mineral or non-aerated waters in the world?

China constituted the country with the largest volume of non-mineral or non-aerated water consumption, comprising approx. 18% of total volume. Moreover, non-mineral or non-aerated water consumption in China exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by the Netherlands, with a 6.1% share.

What are the largest producers of non-mineral or non-aerated waters in the world?

China constituted the country with the largest volume of non-mineral or non-aerated water production, comprising approx. 88% of total volume.

What are the leading suppliers of non-mineral or non-aerated waters to Sri Lanka?

In value terms, the largest non-mineral or non-aerated water suppliers to Sri Lanka were the United Arab Emirates, Australia and Thailand, with a combined 64% share of total imports.

What are the leading importers of non-mineral or non-aerated waters from Sri Lanka?

In value terms, Maldives remains the key foreign market for non-mineral or non-aerated water exports from Sri Lanka, comprising 50% of total exports. The second position in the ranking was occupied by Thailand, with an 18% share of total exports. It was followed by South Africa, with an 8.9% share.

What is the average export price for non-mineral or non-aerated waters in Sri Lanka?

In 2021, the average non-mineral or non-aerated water export price amounted to $0.2 per litre, remaining constant against the previous year.

What is the average import price for non-mineral or non-aerated waters in Sri Lanka?

In 2021, the average non-mineral or non-aerated water import price amounted to $0.9 per litre, shrinking by -8.7% against the previous year.

This report provides an in-depth analysis of the market for non-mineral or non-aerated water in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11071150 - Unsweetened and non-flavoured waters, ice and snow (excluding mineral and aerated waters)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023