Australia: Beer Market 2024

Beer Market Size in Australia

The Australian beer market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Beer Production in Australia

In value terms, beer production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 105% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Beer Exports

Exports from Australia

In 2022, the amount of beer exported from Australia soared to X tons, growing by 18% compared with the year before. Over the period under review, exports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by 2,164%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, beer exports soared to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 1,282% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons), New Zealand (X tons) and Japan (X tons) were the main destinations of beer exports from Australia, together comprising 2% of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +56.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) emerged as the key foreign market for beer exports from Australia, comprising 1.6% of total exports. The second position in the ranking was held by Japan ($X), with a 0.8% share of total exports. It was followed by New Zealand, with a 0.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+75.4% per year) and New Zealand (0.0% per year).

Export Prices by Country

The average beer export price stood at $X per ton in 2022, growing by 18% against the previous year. Over the period under review, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 108%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Australia

For the third year in a row, Australia recorded decline in supplies from abroad of beer, which decreased by -3.1% to X tons in 2022. Over the period under review, imports showed a slight reduction. The pace of growth appeared the most rapid in 2019 with an increase of 18% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, beer imports amounted to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 22% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest beer supplier to Australia, with a 43% share of total imports. Moreover, beer imports from Mexico exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.0% per year) and Germany (-3.4% per year).

In value terms, Mexico ($X) constituted the largest supplier of beer to Australia, comprising 44% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.6% share of total imports. It was followed by Germany, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.3% per year) and Germany (-2.8% per year).

Import Prices by Country

The average beer import price stood at $X per ton in 2022, increasing by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 36%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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