Northern America: Bottled Water Market 2024

Bottled Water Market Size in Northern America

The North American bottled water market stood at $X in 2022, flattening at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Bottled Water Production in Northern America

In value terms, bottled water production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Bottled Water Exports

Exports in Northern America

In 2022, shipments abroad of bottled waters increased by 8.8% to X litres, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at X litres in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, bottled water exports declined to $X in 2022. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 11% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, the United States (X litres) represented the main exporter of bottled waters, achieving 72% of total exports. It was distantly followed by Canada (X litres), constituting a 28% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of bottled waters. At the same time, Canada (+3.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +3.0% from 2012-2022. Canada (+4.2 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -4.2% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest bottled water supplier in Northern America, comprising 83% of total exports. The second position in the ranking was held by Canada ($X), with a 17% share of total exports.

In the United States, bottled water exports increased at an average annual rate of +3.6% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per litre in 2022, falling by -12.8% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bottled water export price decreased by -15.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 45% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2021 to 2022, the export prices remained at a somewhat 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 the United States ($X per litre), while Canada totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%).

Bottled Water Imports

Imports in Northern America

In 2022, the amount of bottled waters imported in Northern America rose rapidly to X litres, growing by 10% compared with the previous year's figure. Total imports indicated strong growth from 2012 to 2022: its volume 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 +25.9% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 47% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, bottled water imports soared to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value 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 +26.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, amounting to X litres, which was near 90% of total imports in 2022. It was distantly followed by Canada (X litres), mixing up a 9.7% share of total imports.

The United States was also the fastest-growing in terms of the bottled waters imports, with a CAGR of +9.1% from 2012 to 2022. At the same time, Canada (+2.6%) displayed positive paces of growth. While the share of the United States (+7.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-6.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported bottled waters in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +6.0%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per litre, with an increase of 11% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by 22% against the previous year. Over the period under review, import prices attained the peak figure at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per litre), while the United States totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.2%).

Source: IndexBox Platform

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