Australia and Oceania: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Australia and Oceania

The mineral or aerated water market in Australia and Oceania contracted to $X in 2022, reducing by -3.4% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Mineral or Aerated Waters in Australia and Oceania

In value terms, mineral or aerated water production dropped modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 38%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports in Australia and Oceania

Mineral or aerated water exports soared to X litres in 2022, rising by 20% on the previous year's figure. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by 360%. As a result, the exports attained the peak of X litres. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, mineral or aerated water exports declined slightly to $X in 2022. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 149% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia was the largest exporter of mineral or aerated waters in Australia and Oceania, with the volume of exports resulting at X litres, which was near 70% of total exports in 2022. It was distantly followed by New Zealand (X litres), constituting a 30% share of total exports.

Australia was also the fastest-growing in terms of the mineral or aerated waters exports, with a CAGR of +23.5% from 2012 to 2022. At the same time, New Zealand (+9.5%) displayed positive paces of growth. From 2012 to 2022, the share of Australia increased by +29 percentage points.

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2022.

Australia, with a CAGR of +20.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per litre in 2022, declining by -17.3% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2020 when the export price increased by 58% against the previous year. The level of export peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per litre), while Australia totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-2.5%).

Imports of Mineral or Aerated Waters

Imports in Australia and Oceania

In 2022, overseas purchases of mineral or aerated waters increased by 6.7% to X litres, rising for the second year in a row after two years of decline. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +16.3% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. As a result, imports attained the peak of X litres. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, mineral or aerated water imports soared to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +71.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, amounting to X litres, which was near 71% of total imports in 2022. New Caledonia (X litres) took the second position in the ranking, followed by French Polynesia (X litres). All these countries together took approx. 15% share of total imports. The following importers - Guam (X litres), New Zealand (X litres) and Marshall Islands (X litres) - together made up 9.9% of total imports.

From 2012 to 2022, average annual rates of growth with regard to mineral or aerated water imports into Australia stood at +4.5%. At the same time, Marshall Islands (+27.1%), New Zealand (+12.5%), New Caledonia (+7.4%) and Guam (+2.4%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +27.1% from 2012-2022. French Polynesia experienced a relatively flat trend pattern. Australia (+2.6 p.p.), New Caledonia (+2.4 p.p.), New Zealand (+1.9 p.p.) and Marshall Islands (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while French Polynesia saw its share reduced by -2.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported mineral or aerated waters in Australia and Oceania, comprising 79% of total imports. The second position in the ranking was taken by New Caledonia ($X), with a 7.7% share of total imports. It was followed by French Polynesia, with a 5.3% share.

In Australia, mineral or aerated water imports expanded at an average annual rate of +7.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Caledonia (+5.4% per year) and French Polynesia (-2.2% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, picking up by 42% against the previous year. Import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mineral or aerated water import price increased by +71.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per litre), while Marshall Islands ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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