Brazil: Bottled Water Market 2024

Bottled Water Market Size in Brazil

The Brazilian bottled water market reduced to $X in 2022, which is down by -4.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Bottled Water Production in Brazil

In value terms, bottled water production fell to $X in 2022 estimated in export price. In general, production showed a mild setback. The pace of growth appeared the most rapid in 2017 with an increase of 20% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Bottled Water Exports

Exports from Brazil

In 2022, the amount of bottled waters exported from Brazil totaled X tons, increasing by 5.7% against 2021 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 303%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, bottled water exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 330%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Liberia (X tons), Marshall Islands (X tons) and Panama (X tons) were the main destinations of bottled water exports from Brazil, with a combined 34% share of total exports. Hong Kong SAR, Canada, Singapore, Malta, Guyana, Greece, the Netherlands, Portugal, Cyprus and Bahamas lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +412.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for bottled waters exports from Brazil, comprising 31% of total exports. The second position in the ranking was taken by Marshall Islands ($X), with a 13% share of total exports. It was followed by Liberia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +185.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Marshall Islands (+68.0% per year) and Liberia (+71.2% per year).

Export Prices by Country

In 2022, the average bottled water export price amounted to $X per ton, growing by 13% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 43%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Hong Kong SAR ($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 Canada (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bottled Water Imports

Imports into Brazil

In 2022, approx. X tons of bottled waters were imported into Brazil; jumping by 111% compared with the previous year's figure. In general, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bottled water imports soared to $X in 2022. Overall, imports saw a buoyant expansion. 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 Brazil, accounting for a 28% share of total imports. Moreover, bottled water imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Argentina (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.5% per year) and Argentina (+74.1% per year).

In value terms, Italy ($X), France ($X) and Norway ($X) were the largest bottled water suppliers to Brazil, together accounting for 61% of total imports. These countries were followed by Argentina and Portugal, which together accounted for a further 4.8%.

Argentina, with a CAGR of +35.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bottled water import price amounted to $X per ton, surging by 1.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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