Sweetened or flavoured mineral and aerated waters market in Slovakia

Earlier Report Observations

Between 2018 and 2020, the market volume for sweetened or flavoured mineral and aerated waters in Slovakia showed moderate shifts, starting at 488.9 млн л. Regulatory frameworks like Decree No. 247/2017 on drinking water quality established standards for bottled waters, while consumer trends favored healthier, low-calorie alternatives. The COVID-19 pandemic in 2020 disrupted global supply chains but simultaneously heightened interest in healthy living, bolstering demand for flavoured mineral waters without artificial sweeteners and helping lift the market to 475.9 млн л.

A steep decline followed in 2021, with the market contracting to 316.0 млн л. This drop aligned with the ongoing price regulation for drinking water production and distribution under Decree No. 21/2017, which likely impacted retail prices and dampened consumption. Recovery emerged in 2022 as the market rebounded to 419.5 млн л, propelled by leading producer MINERÁLNE VODY a.s. expanding its range of flavoured products with natural sugar. That year also saw the introduction of a tax on sweetened beverages, which increased prices and reportedly reduced sales of sweetened waters, though overall market volume grew on the back of product innovation and portfolio expansion.

Steady growth continued through 2023 and 2024, with the market reaching 529.4 млн л. New quality standards under Decree No. 91/2023 further refined production requirements for drinking water. Legislative debates about extending the sweetened beverage tax to flavoured milks indicated evolving regulatory scrutiny, yet the market maintained its upward trajectory, reflecting sustained consumer interest in the segment and industry adaptation to changing norms.

Production sweetened or flavoured mineral and aerated waters in Slovakia

In value, 2017-2020, K $ US

Slovakia's production of sweetened or flavoured mineral and aerated waters declined for the third consecutive year. In 2020, output was valued at 70 233 thousand US dollars, marking a 1.9% decrease compared to 2019. From 2017 to 2020, production fell by 6.9%, which translates to an average annual decline of 2.4%.

Annual dynamics of production in Slovakia in value, 2017-2020, K $ US

In kind, 2017-2020, M l

After two years of contraction, Slovakia's production of sweetened or flavoured mineral and aerated waters increased. In 2020, output reached 310.0 million litres, showing a moderate year-on-year growth of 5.0%. The lowest production level was recorded in 2019 at 295.3 million litres, which represented a decline of 3.7% from the previous year.

Annual dynamics of production in Slovakia in kind, 2017-2020, M l

Exports sweetened or flavoured mineral and aerated waters from Slovakia

Exports in kind, M l

Slovakia's exports of sweetened or flavoured mineral and aerated waters grew for the third consecutive year. In 2020, exports amounted to 83.7 million litres, reflecting a sharp increase of 42.1% compared to 2019. From 2017 to 2020, exports rose by 105.2%, with a compound annual growth rate of 27.1%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, M l

Between 2017 and 2020, the top buyers of sweetened or flavoured mineral and aerated waters from Slovakia were Czechia, Italy, and Hungary. Czechia accounted for 51.1% of exports in volume, Italy for 14.8%, and Hungary for 9.2%. Together, these three countries represented 75.1% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovakia in kind, 2017-2020

Exports in value, M $ US

Slovakia's exports of sweetened or flavoured mineral and aerated waters increased in value for the third consecutive year. In 2020, exports totalled 45.2 million US dollars, indicating a substantial rise of 76.5% from 2019. From 2017 to 2020, export value grew by 160.4%, equivalent to an average annual increase of 37.6%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, M $ US

From 2017 to 2020, the key markets for Slovakia's exports of sweetened or flavoured mineral and aerated waters in value terms were Czechia, Italy, and the United Kingdom. Czechia contributed 32.1% of export value, Italy 27.8%, and the United Kingdom 14.2%. Collectively, these three countries made up 74.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovakia in value, 2017-2020

Imports sweetened or flavoured mineral and aerated waters to Slovakia

Imports in kind, M l

Slovakia's imports of sweetened or flavoured mineral and aerated waters rose for the third consecutive year. In 2020, imports reached 249.6 million litres, showing a gradual increase of 7.6% compared to 2019. Over the period from 2017 to 2020, imports grew by 17.1%, with a compound annual growth rate of 5.4%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, M l

Between 2017 and 2020, the main sources for Slovakia's imports of sweetened or flavoured mineral and aerated waters in volume were Czechia, Hungary, and Austria. Czechia supplied 50.0% of imports in volume, Hungary 13.0%, and Austria 11.7%. Together, these three countries accounted for 74.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovakia in kind, 2017-2020

Imports in value, M $ US

Slovakia's imports of sweetened or flavoured mineral and aerated waters increased in value for the third consecutive year. In 2020, imports totalled 105.9 million US dollars, representing an 8.2% rise from 2019. From 2017 to 2020, import value climbed by 23.7%, corresponding to an average annual growth of 7.3%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, M $ US

From 2017 to 2020, the leading contributors to Slovakia's imports of sweetened or flavoured mineral and aerated waters in value terms were Czechia, Hungary, and Austria. Czechia accounted for 41.4% of import value, Hungary for 15.8%, and Austria for 10.9%. In total, these three countries represented 68.2% of import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovakia in value, 2017-2020