Sweetened or flavoured mineral and aerated waters market in Sweden

Earlier Report Observations

The Swedish market for sweetened or flavoured mineral and aerated waters saw its total volume expand from 1.01 billion liters in 2018 to 1.14 billion liters in 2021. This overall growth of nearly 13% was achieved despite a notable interim contraction.

Market volume rose slightly in 2019 before declining by roughly 9% in 2020. A strong recovery followed in 2021, with consumption surging by over 19% to reach a new peak. In value terms, the market increased from $612 million to $738 million over the same period, with the 2020 dip being less pronounced, indicating relative price stability.

Available trade data for 2022 to 2024 shows import volumes fluctuating between 224 million and 314 million liters, while export volumes gradually declined from 60 million to 48 million liters.

Production sweetened or flavoured mineral and aerated waters in Sweden

In value, 2017-2020, M $ US

Sweden's production of sweetened or flavoured mineral and aerated waters has increased for the third consecutive year. In 2020, output was valued at 545.4 million US dollars, showing only a marginal fluctuation compared to the previous year. Between 2017 and 2020, production grew by 17.7%, which equates to an annualized rate of 5.6%.

Annual dynamics of production in Sweden in value, 2017-2020, M $ US

In kind, 2017-2020, M l

In 2020, Sweden produced 856.1 million litres of sweetened or flavoured mineral and aerated waters, with only a slight year-over-year fluctuation. Production increased by 6% between 2017 and 2020, translating to an annualized growth rate of 2.0%. The highest volume was recorded in 2018 at 863.7 million litres. The largest decline occurred in 2019, with a drop of 1.1%, while the biggest increase was in 2018, at 7.0%.

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

Exports sweetened or flavoured mineral and aerated waters from Sweden

Exports in kind, M l

Exports of sweetened or flavoured mineral and aerated waters from Sweden have risen for the third year in a row. In 2020, shipments totalled 91.0 million litres, marking a 33.3% increase from the previous year. Between 2017 and 2020, exports surged by 92%, corresponding to an annualized growth rate of 24.3%.

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

From 2017 to 2020, Norway, the United Kingdom, and Iceland were consistently the main destinations for Sweden's exports in volume terms. Norway accounted for 51.3% of exports, while the United Kingdom and Iceland each represented 8.2%. Together, these three countries made up 67.8% of total export flows.

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

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

Exports in value, M $ US

In 2020, exports of sweetened or flavoured mineral and aerated waters from Sweden reached 78.2 million US dollars, reflecting a significant 23.6% increase compared to the previous year. Over the period from 2017 to 2020, exports grew by 47.1%, with a compound annual growth rate (CAGR) of 13.7%. The largest decline was recorded in 2019, at 2.6%.

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

Between 2017 and 2020, Norway, the United Kingdom, and Denmark were the primary destinations for Sweden's exports in value terms. Norway held a 47.8% share, the United Kingdom accounted for 9.5%, and Denmark made up 7.7%. Collectively, these three countries represented 65.0% of total export value.

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

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

Imports sweetened or flavoured mineral and aerated waters to Sweden

Imports in kind, M l

Following two years of growth, Sweden's imports of sweetened or flavoured mineral and aerated waters declined in volume. In 2020, imports amounted to 185.4 million litres, which is 28.9% lower than in 2019. Over the 2017-2020 period, imports increased by 26.7%, with a CAGR of 8.2%. The peak volume was recorded in 2019 at 260.6 million litres, while the largest increase occurred in 2018, at 37.5%.

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

Throughout 2017-2020, the Netherlands, Austria, and Germany were the key partners for Sweden's imports in volume terms. The Netherlands accounted for 26.8% of imports, Austria for 19.9%, and Germany for 19.2%. Together, these three countries represented 65.8% of total import flows.

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

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

Imports in value, M $ US

In 2020, Sweden imported sweetened or flavoured mineral and aerated waters worth 176.3 million US dollars, showing a moderate rise of 3.1% compared to the previous year. Over the 2017-2020 period, imports increased by 29.6%, with a CAGR of 9.0%. The highest value was recorded in 2018 at 184.6 million US dollars. The largest decline was in 2019, at 7.4%, while the biggest increase occurred in 2018, at 35.8%.

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

From 2017 to 2020, the Netherlands, Austria, and Germany remained the main suppliers of sweetened or flavoured mineral and aerated waters to Sweden in value terms. The Netherlands accounted for 26.5% of imports, Austria for 24.5%, and Germany for 15.9%. Combined, these three countries formed 66.8% of total import value.

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

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