Ukraine: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Ukraine

The Ukrainian mineral or aerated water market contracted to $X in 2022, falling by -4.1% against the previous year. Overall, consumption showed a noticeable contraction. Mineral or aerated water consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Mineral or Aerated Waters in Ukraine

In value terms, mineral or aerated water production reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Mineral or Aerated Waters

Exports from Ukraine

In 2022, approx. X tons of mineral or aerated waters were exported from Ukraine; which is down by -33.8% compared with the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 50%. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, mineral or aerated water exports shrank significantly to $X in 2022. In general, exports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2017 with an increase of 37%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for mineral or aerated water exports from Ukraine, with a 108% share of total exports. Moreover, mineral or aerated water exports to Moldova exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. Lithuania (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.5% per year) and Lithuania (+82.8% per year).

In value terms, Moldova ($X) remains the key foreign market for mineral or aerated waters exports from Ukraine, comprising 58% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 7.3% share of total exports. It was followed by the United States, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+85.6% per year) and the United States (-0.5% per year).

Export Prices by Country

The average mineral or aerated water export price stood at $X per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2017 when the average export price increased by 33%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to the Czech Republic ($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 Russia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into Ukraine

In 2022, mineral or aerated water imports into Ukraine fell sharply to X tons, which is down by -54.8% compared with the year before. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 36% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank dramatically in the following year.

In value terms, mineral or aerated water imports contracted notably to $X in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 29%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Georgia (X tons) constituted the largest supplier of mineral or aerated water to Ukraine, accounting for a 58% share of total imports. Moreover, mineral or aerated water imports from Georgia exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Georgia stood at -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.7% per year) and France (-9.2% per year).

In value terms, Georgia ($X) constituted the largest supplier of mineral or aerated waters to Ukraine, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.6% share of total imports. It was followed by France, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Georgia totaled -8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.4% per year) and France (-11.8% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, with a decrease of -2.8% against the previous year. In general, the import price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2013 an increase of 7.5%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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