United Kingdom: Soft Drink Market 2022

Soft Drink Market Size in the UK

After three years of growth, the UK soft drink market decreased by -X% to $X in 2021. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Soft Drink Production in the UK

In value terms, soft drink production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Soft Drink Exports

Exports from the UK

In 2021, the amount of soft drinks exported from the UK reached X litres, growing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X litres in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, soft drink exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X litres) was the main destination for soft drink exports from the UK, with a X% share of total exports. Moreover, soft drink exports to Ireland exceeded the volume sent to the second major destination, the United States (X litres), ninefold. The Netherlands (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and the Netherlands (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for soft drink exports from the UK, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2021, the average soft drink export price amounted to $X per litre, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably countrydestination: the country with the highest price was the United States ($X per litre), while the average price for exports to Sweden ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Soft Drink Imports

Imports into the UK

In 2021, the amount of soft drinks imported into the UK fell to X litres, with a decrease of -X% on the previous year. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X litres. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, soft drink imports rose to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X litres), the Netherlands (X litres) and Germany (X litres) were the main suppliers of soft drink imports to the UK, together comprising X% of total imports. These countries were followed by Austria, Ireland, Spain, Italy, Sweden, Belgium, Denmark, Poland, Turkey and the United States, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Austria ($X) and Germany ($X) constituted the largest soft drink suppliers to the UK, with a combined X% share of total imports. France, Ireland, Denmark, Belgium, Spain, Italy, Sweden, Poland, the United States and Turkey lagged somewhat behind, together comprising a further X the main suppliers, Turkey, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soft drink import price stood at $X per litre in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The import price peaked at $X per litre in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Austria ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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