Sweetened or flavoured mineral and aerated waters market in Portugal, 2026

Earlier Report Observations

From 2018 to 2019, the Portuguese market for sweetened or flavoured mineral and aerated waters was characterized by the expansion of product diversity and active promotion by the industry association APIAM, which supported production growth to 692.3 million liters. The market volume, however, saw a slight decrease to 832.3 million liters as imports declined and exports increased, reflecting the sector's focus on premium positioning and international outreach.

The COVID-19 pandemic in 2020 led to a sharp contraction, reducing market volume to 753.2 million liters due to lowered consumption and production. Recovery followed in 2021, aided by legislative changes such as Decreto-Lei n.º 9/2021, which updated labeling and commercialization rules, helping lift the market to 820.4 million liters.

By 2022, investments in innovation and a growing consumer preference for healthy hydration, replacing sugary drinks with mineral waters, spurred production to 764.1 million liters. Simultaneously, enhanced international recognition of Portuguese waters drove exports to 137.0 million liters, resulting in a stabilized market volume of 824.3 million liters as export growth absorbed domestic production gains.

Production sweetened or flavoured mineral and aerated waters in Portugal

In value, 2018-2021, M $ US

In Portugal, the production value of sweetened or flavoured mineral and aerated waters reached 450.1 million US dollars in 2021, marking a 25.1% increase compared to the previous year. Looking at the period from 2018 to 2021, overall production grew by 4.4%, with an average annual growth rate of 1.5%. The lowest value was recorded in 2020 at 359.8 million US dollars, which also saw the largest decline of 18.1%.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

In kind, 2018-2021, M l

Portugal produced 675.2 million litres of sweetened or flavoured mineral and aerated waters in 2021, showing a moderate improvement of 9.4% over the prior year. The minimum volume was recorded in 2020 at 617.3 million litres, while the maximum was in 2019 at 692.3 million litres. The largest decline occurred in 2020, with a drop of 10.8%.

Annual dynamics of production in Portugal in kind, 2018-2021, M l

Exports sweetened or flavoured mineral and aerated waters from Portugal

Exports in kind, M l

Portugal's exports of sweetened or flavoured mineral and aerated waters declined for the second consecutive year. In 2021, exports reached 34.9 million litres, down 3.6% from 2020. Over the period from 2018 to 2021, exports decreased by 18.9%, equating to an annualized rate of 6.7%. The highest volume was recorded in 2019 at 44.2 million litres, which also saw the largest increase of 2.6%. The largest decline occurred in 2020, with a drop of 18.0%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, M l

From 2018 to 2021, the partner structure for exports in volume terms was heavily centred on Spain, which accounted for 81.8% of total flows. Other markets contributed to a less significant portion of the exports.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Portugal in kind, 2018-2021

Exports in value, K $ US

Portugal's exports of sweetened or flavoured mineral and aerated waters in value terms declined for the second consecutive year. In 2021, exports totalled 39 148 thousand US dollars, remaining virtually unchanged compared to 2020. Between 2018 and 2021, exports decreased by 13.4%, with an annualized rate of 4.7%. The maximum value was recorded in 2019 at 47 085 thousand US dollars, which also saw the largest increase of 4.2%. The largest decline occurred in 2020, with a drop of 16.7%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

From 2018 to 2021, Spain played a leading role in Portugal's exports of sweetened or flavoured mineral and aerated waters in value terms, holding an 82.0% share of total flows. The remainder was distributed across other partners.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Portugal in value, 2018-2021

Imports sweetened or flavoured mineral and aerated waters to Portugal

Imports in kind, M l

After a two-year decline, Portugal's imports of sweetened or flavoured mineral and aerated waters increased in 2021, reaching 180.1 million litres, which represents a moderate rise of 4.6% compared to the previous year. Over the period from 2018 to 2021, imports decreased by 10.7%, equating to an annualized rate of 3.7%. The lowest volume was recorded in 2020 at 172.1 million litres, while the largest decline occurred in 2019, with a drop of 8.7%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, M l

From 2018 to 2021, the structure of imports in volume terms was dominated by a single market: Spain, which accounted for 91.5% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Portugal in kind, 2018-2021

Imports in value, K $ US

After a two-year decline, Portugal's imports of sweetened or flavoured mineral and aerated waters in value terms increased in 2021, totalling 84 658 thousand US dollars, up 13.2% from 2020. Over the period from 2018 to 2021, imports decreased by 7.3%, with an average annual growth rate of 2.5%. The minimum value was recorded in 2020 at 74 799 thousand US dollars, while the largest decline occurred in 2019, with a drop of 10.4%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US

From 2018 to 2021, Spain was the primary direction for Portugal's imports of sweetened or flavoured mineral and aerated waters in value terms, accounting for 84.4% of total flows. Other markets formed a long tail of smaller partners.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Portugal in value, 2018-2021