During the first half of 2019, imports of bottled water in Central America totaled $12 million, and purchases from companies in the United States increased 10% over the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Last year, bottled water sales in Costa Rica were estimated at $89 million and they are expected to increase up to $106 million in 2023, a behavior explained by the downward trend in the consumption of carbonated beverages.
Although companies such as Florida Ice & Farm Co (Fifco) and Coca Cola Femsa have the opportunity to grow in the Costa Rican market, they will also face competition from new entrants such as Premium Brands.
In the first nine months, imports of bottled water into Central America totaled $17.5 million, and 53% of the value imported was from the United States.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the first six months of the year, imports of bottled water in Central America totaled $12.4 million, and purchases from the U.S. reported a fall of 4% with respect to the same period in 2017.
Figures from the information system of the Bottled Water Market in Central America, from the Trade Intelligence Area of CentralAmericaData:
In the first quarter of the year, purchases of bottled water in Central America totaled $6.2 million, registering a reduction of 3% compared to the figures reported in the same period in 2017.
Figures from the information system on the Bottled Water Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2017, companies in the region bought $24 million worth of bottled water from abroad, 11% more than was reported in 2016, and 53% came from the United States.
Figures from the information system on the Bottled Water Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
From January to September 2017, Central American countries bought $18 million worth of bottled water from abroad, 11% more than in the same period in 2016.
Figures from the information system on the Bottled Water Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Between 2013 and 2016 imports of natural, artificial and gassed mineral water without added sugar grew at an average annual rate of 19%.
Figures from the information system on the the Bottled Water Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Projected consumption of beverages such as water, ready to drink tea and juices will generate about 65% of new sales in 2018 in developed countries.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (PROCOMER):
Healthy drinks are a priority in developed markets
The global beverage market is splitting into two macro markets: one composed of consumers in emerging economies demanding by big brands and traditional products such as carbonated beverages, and the other in developed markets looking for healthy drinks.
Its qualities as a natural moisturizer and its nutritional benefits, as well as an advertising campaign developed by importers, have contributed to increased consumption.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
Coconut water consumption is growing significantly in the UK, due to the recognition of its qualities as a natural moisturizer and its nutritional benefits.
Within the category of soft drinks, bottled water sales worldwide will excee those of carbonated beverages in the next two years.
From an article by the Costa Rica Foreign Trade Promotion Office (PROCOMER):
Research by the consultancy company Canadean has revealed that within the category of soft drinks, bottled water sales worldwide will excee carbonated beverages in the next two years.
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...