Ukraine: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Ukraine

In 2022, the Ukrainian sugary soft drink market increased by 18% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. Sugary soft drink consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Sugary Soft Drink Production in Ukraine

In value terms, sugary soft drink production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, saw a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Sugary soft drink production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sugary Soft Drink Exports

Exports from Ukraine

In 2022, shipments abroad of sugary soft drinks decreased by -52% to X litres for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 81%. As a result, the exports attained the peak of X litres, and then shrank significantly in the following year.

In value terms, sugary soft drink exports shrank notably to $X in 2022. In general, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 98%. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

Moldova (X litres) was the main destination for sugary soft drink exports from Ukraine, with a 35% share of total exports. Moreover, sugary soft drink exports to Moldova exceeded the volume sent to the second major destination, Lithuania (X litres), threefold. Poland (X litres) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+61.1% per year) and Poland (+29.6% per year).

In value terms, the largest markets for sugary soft drink exported from Ukraine were Moldova ($X), Lithuania ($X) and Bulgaria ($X), together accounting for 45% of total exports. Poland, Slovakia, the UK, the Czech Republic, France, Israel and Russia lagged somewhat behind, together accounting for a further 41%.

France, with a CAGR of +382.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sugary soft drink export price stood at $X per litre in 2022, falling by -3.6% against the previous year. In general, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sugary Soft Drink Imports

Imports into Ukraine

In 2022, imports of sugary soft drinks into Ukraine skyrocketed to X litres, increasing by 196% against the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 256%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sugary soft drink imports surged to $X in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 161%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Poland (X litres) constituted the largest supplier of sugary soft drink to Ukraine, with a 70% share of total imports. Moreover, sugary soft drink imports from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X litres), sevenfold. Romania (X litres) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to +64.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+94.2% per year) and Romania (+893.3% per year).

In value terms, Poland ($X) constituted the largest supplier of sugary soft drinks to Ukraine, comprising 60% of total imports. The second position in the ranking was held by Hungary ($X), with a 9.1% share of total imports. It was followed by Romania, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +50.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+76.4% per year) and Romania (+633.1% per year).

Import Prices by Country

In 2022, the average sugary soft drink import price amounted to $X per litre, dropping by -30.4% against the previous year. Overall, the import price saw a deep setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 46%. The import price peaked at $X per litre in 2012; however, from 2013 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 Austria ($X per litre), while the price for Romania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :