Scandinavia: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Scandinavia

For the eighth year in a row, the Scandinavia non-mineral or non-aerated water market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Mineral or Non-Aerated Waters in Scandinavia

In value terms, non-mineral or non-aerated water production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The growth pace was the most rapid in 2021 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Exports of Non-Mineral or Non-Aerated Waters

Exports in Scandinavia

Non-mineral or non-aerated water exports fell remarkably to X litres in 2022, shrinking by X% compared with 2021 figures. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-mineral or non-aerated water exports dropped remarkably to $X in 2022. Overall, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway dominates exports structure, accounting for X litres, which was approx. X% of total exports in 2022. It was distantly followed by Sweden (X litres), committing a X% share of total exports. Finland (X litres) followed a long way behind the leaders.

Exports from Norway decreased at an average annual rate of X% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Sweden (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) and Finland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Norway (X p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest non-mineral or non-aerated water supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway totaled X%. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per litre in 2022, surging by X% against the previous year. In general, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

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

Imports of Non-Mineral or Non-Aerated Waters

Imports in Scandinavia

In 2022, purchases abroad of non-mineral or non-aerated waters was finally on the rise to reach X litres for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced setback. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water imports soared to $X in 2022. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Norway dominates imports structure, accounting for X litres, which was near X% of total imports in 2022. Sweden (X litres) followed a long way behind the leaders.

Norway was also the fastest-growing in terms of the non-mineral or non-aerated waters imports, with a CAGR of X% from 2012 to 2022. Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway increased by X percentage points.

In value terms, the largest non-mineral or non-aerated water importing markets in Scandinavia were Sweden ($X) and Norway ($X).

Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per litre, increasing by X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per litre), while Norway amounted to $X per litre.

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

Source: IndexBox Platform

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