Global Mineral Water Market 2019 - Key Insights

IndexBox has just published a new report, the World - Mineral Waters And Aerated Waters - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.

The global mineral water market revenue amounted to $133.5B in 2017, picking up by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.2% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014, with an increase of 17% y-o-y. In that year, the global mineral water market attained its peak level of $138.9B. From 2015 to 2017, the growth of the global mineral water market remained at a somewhat lower figure.

Production 2007-2017

In 2017, approx. 392B litres of mineral waters and aerated waters were produced worldwide; going up by 12% against the previous year. The total output volume increased at an average annual rate of +3.7% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

Mineral Water Exports

Exports 2007-2017

In 2017, the global mineral water exports stood at 8.2B litres, going up by 3.6% against the previous year. The total export volume increased at an average annual rate of +1.9% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

In value terms, mineral water exports stood at $2.6B (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +1.5% from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. Global exports peaked in 2017, and are expected to retain its growth in the near future.

Exports by Country

France represented the key exporting countries with an export of about 2.8B litres, which finished at 34% of total exports. It was distantly followed by Italy (1.5B litres) and Belgium (705M litres), together making up 27% share of total exports. Germany (352M litres), Fiji (312M litres), Luxembourg (176M litres), the United Arab Emirates (149M litres), the U.S. (147M litres), Georgia (146M litres), Malaysia (142M litres), the UK (127M litres) and Croatia (123M litres) occupied the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Croatia (+26.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest mineral water markets worldwide were France ($838M), Italy ($586M) and Belgium ($237M), together accounting for 63% of global exports. Fiji, Georgia, Germany, the UK, the U.S., the United Arab Emirates, Malaysia, Luxembourg and Croatia lagged somewhat behind, together comprising a further 19%.

Export Prices by Country

The average mineral water export price stood at $318 per thousand litres in 2017, surging by 3.2% against the previous year. Overall, the mineral water export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Georgia ($652 per thousand litres), while Luxembourg ($97 per thousand litres) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Georgia (+1.2% per year), while the other global leaders experienced mixed trends in the export price figures.

Mineral Water Imports

Imports 2007-2017

Global imports amounted to 8.4B litres in 2017, approximately equating the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

In value terms, mineral water imports totaled $2.7B (IndexBox estimates) in 2017.

Imports by Country

Belgium (1.2B litres) and Germany (1.2B litres) represented the major importers of mineral waters and aerated waters in 2017, accounting for near 14% and 14% of total imports, respectively. The U.S. (647M litres) occupied the second position in the ranking, followed by the UK (634M litres), France (458M litres), Switzerland (415M litres) and the Netherlands (400M litres). All these countries together occupied near 30% share of total imports. The following importers - Japan (340M litres), South Korea (198M litres), Oman (146M litres), Palestine (145M litres) and Singapore (138M litres) together made up 11% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+39.1% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($466M) constitutes the largest market for imported mineral waters and aerated waters worldwide, comprising 17% of global imports. The second position in the ranking was occupied by Belgium ($225M), with a 8.3% share of global imports. It was followed by Germany, with a 8.2% share.

Import Prices by Country

The average mineral water import price stood at $321 per thousand litres in 2017, surging by 3.3% against the previous year. In general, the mineral water import price continues to indicate a mild slump.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($720 per thousand litres), while Singapore ($151 per thousand litres) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+1.5% per year), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform