Belarus: Soft Drink Market 2024

Soft Drink Market Size in Belarus

The Belarusian soft drink market reached $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Soft Drink Production in Belarus

In value terms, soft drink production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Soft drink production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Soft Drink Exports

Exports from Belarus

In 2022, overseas shipments of soft drinks decreased by X% to X litres for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X litres in 2021, and then fell remarkably in the following year.

In value terms, soft drink exports declined dramatically to $X in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Russia (X litres) was the main destination for soft drink exports from Belarus, with a X% share of total exports. Moreover, soft drink exports to Russia exceeded the volume sent to the second major destination, Ukraine (X litres), fivefold. Lithuania (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

In value terms, Russia ($X) remains the key foreign market for soft drinks exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average soft drink export price amounted to $X per litre, jumping by X% against the previous year. Overall, the export price showed modest growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per litre), while the average price for exports to Latvia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Soft Drink Imports

Imports into Belarus

In 2022, after five years of growth, there was significant decline in purchases abroad of soft drinks, when their volume decreased by X% to X litres. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X litres in 2021, and then fell sharply in the following year.

In value terms, soft drink imports declined significantly to $X in 2022. Overall, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X litres) constituted the largest supplier of soft drink to Belarus, accounting for a X% share of total imports. Moreover, soft drink imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X litres), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Hungary (X% per year).

In value terms, Russia ($X) constituted the largest supplier of soft drinks to Belarus, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the average soft drink import price amounted to $X per litre, increasing by X% against the previous year. In general, the import price, however, showed a mild curtailment. The import price peaked at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per litre), while the price for Russia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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