Southern Asia: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Southern Asia

In 2022, the South Asian market for non-alcoholic beverages, not containing milk increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Non-Alcoholic Beverages, Not Containing Milk in Southern Asia

In value terms, non-alcoholic beverage, not containing milk production stood at $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports in Southern Asia

Non-alcoholic beverage, not containing milk exports dropped significantly to X litres in 2022, waning by X% compared with the previous year. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X litres, and then plummeted in the following year.

In value terms, non-alcoholic beverage, not containing milk exports dropped rapidly to $X in 2022. Overall, exports, however, posted a tangible increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh was the main exporter of non-alcoholic beverages, not containing milk in Southern Asia, with the volume of exports reaching X litres, which was near X% of total exports in 2022. Sri Lanka (X litres) took a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%).

Bangladesh was also the fastest-growing in terms of the non-alcoholic beverages, not containing milk exports, with a CAGR of X% from 2012 to 2022. At the same time, Sri Lanka (X%) and India (X%) displayed positive paces of growth. While the share of Bangladesh (X p.p.), Sri Lanka (X p.p.) and India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-alcoholic beverage, not containing milk supplying countries in Southern Asia were Bangladesh ($X), Sri Lanka ($X) and India ($X), together comprising X% of total exports.

In terms of the main exporting countries, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in Southern Asia stood at $X per litre in 2022, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per litre in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per litre), while Bangladesh ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports in Southern Asia

In 2022, overseas purchases of non-alcoholic beverages, not containing milk increased by X% to X litres, rising for the second consecutive year after two years of decline. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, non-alcoholic beverage, not containing milk imports surged to $X in 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

India dominates imports structure, recording X litres, which was approx. X% of total imports in 2022. Maldives (X litres) took a relatively small share of total imports.

India was also the fastest-growing in terms of the non-alcoholic beverages, not containing milk imports, with a CAGR of X% from 2012 to 2022. At the same time, Maldives (X%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by X percentage points.

In value terms, India ($X) constitutes the largest market for imported non-alcoholic beverages, not containing milk in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports.

In India, non-alcoholic beverage, not containing milk imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per litre, with an increase of X% against the previous year. In general, the import price showed mild growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per litre in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Maldives ($X per litre), while India amounted to $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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