United Kingdom: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in the UK

After nine years of growth, the UK non-mineral or non-aerated water market decreased by -1.4% to $X in 2021. Over the period under review, consumption showed a significant expansion. Over the period under review, the market reached the peak level at $X in 2020, and then reduced in the following year.

Production of Non-Mineral or Non-Aerated Waters in the UK

In value terms, non-mineral or non-aerated water production shrank to $X in 2021 estimated in export price. Overall, production, however, posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 383% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Non-Mineral or Non-Aerated Waters

Exports from the UK

In 2021, overseas shipments of non-mineral or non-aerated waters were finally on the rise to reach X litres after two years of decline. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 95% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, non-mineral or non-aerated water exports surged to $X in 2021. Over the period under review, exports posted a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 93% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Ireland (X litres) was the main destination for non-mineral or non-aerated water exports from the UK, with a 40% share of total exports. Moreover, non-mineral or non-aerated water exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X litres), twofold. Australia (X litres) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland amounted to +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+12.2% per year) and Australia (+58.9% per year).

In value terms, the largest markets for non-mineral or non-aerated water exported from the UK were Australia ($X), Ireland ($X) and the Netherlands ($X), together accounting for 69% of total exports.

Among the main countries of destination, Australia, with a CAGR of +46.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, with an increase of 9.6% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2017 to 2021, the average 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 the United States ($X per litre), while the average price for exports to France ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Mineral or Non-Aerated Waters

Imports into the UK

After two years of decline, purchases abroad of non-mineral or non-aerated waters increased by 22% to X litres in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 32%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, non-mineral or non-aerated water imports skyrocketed to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X litres) constituted the largest non-mineral or non-aerated water supplier to the UK, accounting for a 87% share of total imports. Moreover, non-mineral or non-aerated water imports from Turkey exceeded the figures recorded by the second-largest supplier, Ireland (X litres), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+75.7% per year) and Norway (+12.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of non-mineral or non-aerated waters to the UK, comprising 50% of total imports. The second position in the ranking was taken by Ireland ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+66.4% per year) and Norway (+16.5% per year).

Import Prices by Country

The average non-mineral or non-aerated water import price stood at $X per litre in 2021, picking up by 21% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per litre in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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