Australia - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Imports in Australia Reach $440 Million in 2023
Australia Soft Drink Imports
For the eighth consecutive year, Australia recorded growth in purchases abroad of soft drinks, which increased by 1.3% to 276M litres in 2023. Over the period under review, total imports indicated a remarkable increase from 2013 to 2023: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +77.2% against 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the immediate term.
In value terms, soft drink imports reached $440M (IndexBox estimates) in 2023. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Imports peaked in 2023 and are likely to see gradual growth in years to come.
| COUNTRY | Import Value of Soft Drink in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| New Zealand | 88.4 | 86.6 | 66.8 | 69.5 | 94.5 | 95.8 | 84.6 | 85.6 | 123 | 127 | 142 |
| Austria | 42.4 | 52.3 | 45.3 | 42.5 | 51.9 | 51.6 | 57.3 | 51.6 | 76.7 | 82.8 | 81.5 |
| United States | 15.6 | 20.6 | 25.3 | 28.8 | 28.9 | 29.5 | 33.0 | 39.0 | 36.8 | 44.3 | 47.0 |
| Switzerland | 22.3 | 27.8 | 21.5 | 21.6 | 21.6 | 23.0 | 18.2 | 18.0 | 22.1 | 24.8 | 31.4 |
| Japan | 0.9 | 5.5 | 4.7 | 3.4 | 3.0 | 2.7 | 5.1 | 11.7 | 37.0 | 27.9 | 22.8 |
| United Kingdom | 5.0 | 5.0 | 3.3 | 3.7 | 5.6 | 9.8 | 12.4 | 16.9 | 24.3 | 26.6 | 21.7 |
| South Korea | 4.6 | 6.2 | 6.5 | 6.2 | 7.2 | 8.2 | 9.8 | 10.1 | 11.4 | 13.2 | 14.0 |
| Others | 56.4 | 52.4 | 50.7 | 45.5 | 41.6 | 45.7 | 47.4 | 56.9 | 74.5 | 91.7 | 80.3 |
| Total | 236 | 256 | 224 | 221 | 254 | 266 | 268 | 290 | 406 | 439 | 440 |
Imports by Country
New Zealand (90M litres), Austria (49M litres) and the United States (27M litres) were the main suppliers of soft drink imports to Australia, with a combined 60% share of total imports. Switzerland, Japan, South Korea and the UK lagged somewhat behind, together accounting for a further 18%.
From 2013 to 2023, the biggest increases were recorded for Japan (with a CAGR of +37.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, New Zealand ($142M), Austria ($82M) and the United States ($47M) appeared to be the largest soft drink suppliers to Australia, with a combined 61% share of total imports. Switzerland, Japan, the UK and South Korea lagged somewhat behind, together accounting for a further 20%.
In terms of the main suppliers, Japan, with a CAGR of +38.8%, saw 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.
Imports by Type
In 2023, sugary soft drinks (221M litres) constituted the largest type of soft drinks supplied to Australia, accounting for a 80% share of total imports. Moreover, sugary soft drinks exceeded the figures recorded for the second-largest type, non-alcoholic beverages, not containing milk (55M litres), fourfold.
From 2013 to 2023, the average annual growth rate of the volume of sugary soft drinks imports stood at +5.4%.
In value terms, sugary soft drinks ($348M) constituted the largest type of soft drinks supplied to Australia, comprising 79% of total imports. The second position in the ranking was held by non-alcoholic beverages, not containing milk ($92M), with a 21% share of total imports.
Import Prices by Country
In 2023, the soft drink price amounted to $1.6 per litre (CIF, Australia), approximately reflecting the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 13%. The import price peaked at $1.6 per litre in 2022, and then fell slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($2.7 per litre), while the price for China ($1.1 per litre) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the soft drink market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
