SADC: Soft Drink Market 2024

Soft Drink Market Size in SADC

The SADC soft drink market stood at $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Soft Drink Production in SADC

In value terms, soft drink production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Soft Drink Exports

Exports in SADC

In 2022, exports of soft drinks in SADC soared to X litres, surging by X% on the previous year's figure. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, soft drink exports surged to $X in 2022. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X litres) was the major exporter of soft drinks, creating X% of total exports. Tanzania (X litres) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Zambia (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest soft drink supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per litre in 2022, declining by X% against the previous year. Overall, the export price showed a pronounced setback. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per litre), while Zambia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Soft Drink Imports

Imports in SADC

Soft drink imports totaled X litres in 2022, approximately reflecting the previous year. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, soft drink imports fell slightly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

South Africa (X litres) and Botswana (X litres) represented roughly X% of total imports in 2022. Democratic Republic of the Congo (X litres) took the next position in the ranking, followed by Namibia (X litres), Swaziland (X litres), Zimbabwe (X litres) and Lesotho (X litres). All these countries together held near X% share of total imports. Mauritius (X litres) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Botswana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported soft drinks in SADC, comprising X% of total imports. The second position in the ranking was held by Botswana ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Botswana (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per litre in 2022, flattening at the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per litre), while Democratic Republic of the Congo ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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