Japan: Bottled Water Market 2024

Bottled Water Market Size in Japan

The Japanese bottled water market shrank to $X in 2022, reducing by -6.1% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +6.3% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Bottled Water Production in Japan

In value terms, bottled water production fell to $X in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 37% against the previous year. Bottled water production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Bottled Water Exports

Exports from Japan

In 2022, the amount of bottled waters exported from Japan contracted to X tons, with a decrease of -11.1% against the previous year. Overall, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +8.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 92% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, bottled water exports reduced dramatically to $X in 2022. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 43%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), China (X tons) and Hong Kong SAR (X tons) were the main destinations of bottled water exports from Japan, together accounting for 66% of total exports. These countries were followed by Cambodia, Singapore, Malaysia, the United States and South Korea, which together accounted for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +28.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for bottled waters exports from Japan, comprising 28% of total exports. The second position in the ranking was held by China ($X), with a 13% share of total exports. It was followed by Malaysia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-7.6% per year) and Malaysia (+7.1% per year).

Export Prices by Country

The average bottled water export price stood at $X per ton in 2022, waning by -21.7% against the previous year. In general, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 122%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to China ($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 South Korea (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Bottled Water Imports

Imports into Japan

For the third consecutive year, Japan recorded decline in purchases abroad of bottled waters, which decreased by -7.2% to X tons in 2022. In general, imports recorded a noticeable setback. The growth pace was the most rapid in 2013 with an increase of 24%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bottled water imports dropped to $X in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2019 with an increase of 1.3% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), France (X tons) and Australia (X tons) were the main suppliers of bottled water imports to Japan, with a combined 86% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +100.0%), while purchases for the other leaders experienced a decline.

In value terms, the largest bottled water suppliers to Japan were the United States ($X), France ($X) and Australia ($X), together accounting for 87% of total imports.

In terms of the main suppliers, Australia, with a CAGR of +83.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average bottled water import price stood at $X per ton in 2022, picking up by 5.4% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13% 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 Germany ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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