Australia: Bottled Water Market 2024

Bottled Water Market Size in Australia

The Australian bottled water market surged to $X in 2022, picking up by 15% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Bottled Water Production in Australia

In value terms, bottled water production soared to $X in 2022 estimated in export price. In general, production, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Bottled Water Exports

Exports from Australia

In 2022, shipments abroad of bottled waters increased by 9.3% to X tons, rising for the third year in a row after four years of decline. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 306%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, bottled water exports expanded markedly to $X in 2022. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 167%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Japan (X tons) was the main destination for bottled water exports from Australia, accounting for a 37% share of total exports. Moreover, bottled water exports to Japan exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was held by China (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at +81.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+45.2% per year) and China (+36.6% per year).

In value terms, Japan ($X) remains the key foreign market for bottled waters exports from Australia, comprising 78% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 24% share of total exports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan totaled +86.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+41.7% per year) and China (+24.4% per year).

Export Prices by Country

The average bottled water export price stood at $X per ton in 2022, reducing by -3% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2017 when the average export price increased by 47% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Singapore ($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 Hong Kong SAR (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bottled Water Imports

Imports into Australia

In 2022, overseas purchases of bottled waters increased by 11% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.6% 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 +30.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 68%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bottled water imports soared to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +113.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of bottled water to Australia, with a 62% share of total imports. Moreover, bottled water imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. The third position in this ranking was taken by New Zealand (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.7% per year) and New Zealand (+9.4% per year).

In value terms, Italy ($X) constituted the largest supplier of bottled waters to Australia, comprising 45% of total imports. The second position in the ranking was taken by France ($X), with a 5.6% share of total imports. It was followed by New Zealand, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.2% per year) and New Zealand (+5.0% per year).

Import Prices by Country

The average bottled water import price stood at $X per ton in 2022, with an increase of 45% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bottled water import price increased by +90.1% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Fiji ($X per ton), while the price for the United States ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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