Western Africa: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Western Africa

The West African non-mineral or non-aerated water market contracted remarkably to $X in 2022, dropping by X% against the previous year. The total consumption indicated notable 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 increased by X% against 2020 indices. The level of consumption peaked at $X in 2021, and then reduced rapidly in the following year.

Production of Non-Mineral or Non-Aerated Waters in Western Africa

In value terms, non-mineral or non-aerated water production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Mineral or Non-Aerated Waters

Exports in Western Africa

In 2022, approx. X litres of non-mineral or non-aerated waters were exported in Western Africa; increasing by X% against 2021 figures. In general, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X litres in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-mineral or non-aerated water exports soared to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Cote d'Ivoire (X litres) and Nigeria (X litres) were the major exporters of non-mineral or non-aerated waters in Western Africa, together amounting to approx. X% of total exports. It was distantly followed by Senegal (X litres), committing a X% share of total exports. The following exporters - Ghana (X litres) and Liberia (X litres) - each amounted to a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) emerged as the largest non-mineral or non-aerated water supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with an X% share of total exports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Cote d'Ivoire totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per litre, jumping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per litre in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per litre), while Liberia ($X per litre) was amongst the lowest.

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

Imports of Non-Mineral or Non-Aerated Waters

Imports in Western Africa

In 2022, after two years of growth, there was significant decline in purchases abroad of non-mineral or non-aerated waters, when their volume decreased by X% to X litres. In general, imports recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X litres, and then dropped significantly in the following year.

In value terms, non-mineral or non-aerated water imports contracted notably to $X in 2022. Overall, imports recorded a mild slump. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Senegal (X litres), distantly followed by Mali (X litres), Cote d'Ivoire (X litres), Mauritania (X litres), Liberia (X litres), Burkina Faso (X litres) and Sierra Leone (X litres) represented the largest importers of non-mineral or non-aerated waters, together making up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-mineral or non-aerated water importing markets in Western Africa were Senegal ($X), Mali ($X) and Liberia ($X), with a combined X% share of total imports.

Mali, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per litre, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of import peaked at $X per litre in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Liberia ($X per litre), while Sierra Leone ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :