U.S. - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Price June 2022
U.S. Soft Drink Import Price June 2022
In June 2022, the average soft drink import price amounted to $1.3 per litre, falling by -5.8% against the previous month. In general, the import price saw a noticeable slump. The pace of growth appeared the most rapid in April 2022 an increase of 4.9% month-to-month. The import price peaked at $1.6 per litre in January 2022; however, from February 2022 to June 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($2.8 per litre), while the price for the Philippines ($0.8 per litre) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Soft Drink Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In June 2022, the product with the highest price was sugary soft drinks ($1.5 per litre), while the price for non-alcoholic beverages, not containing milk totaled $1.1 per litre.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by non-alcoholic beverage, not containing milk (+1.6%).
U.S. Soft Drink Imports
In June 2022, approx. 234M litres of soft drinks were imported into the United States; falling by -2.9% compared with the previous month's figure. Overall, total imports indicated a prominent expansion from January 2022 to June 2022: its volume increased at an average monthly rate of +11.9% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports decreased by -4.1% against March 2022 indices. The pace of growth appeared the most rapid in February 2022 when imports increased by 36% month-to-month. Imports peaked at 244M litres in March 2022; however, from April 2022 to June 2022, imports failed to regain momentum.
In value terms, soft drink imports contracted to $301M (IndexBox estimates) in June 2022. In general, total imports indicated a prominent increase from January 2022 to June 2022: its value increased at an average monthly rate of +7.5% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports decreased by -10.8% against March 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 29% m-o-m. As a result, imports attained the peak of $337M. From April 2022 to June 2022, the growth of imports failed to regain momentum.
U.S. Soft Drink Imports by Type
Sugary soft drinks (125M litres) and non-alcoholic beverages, not containing milk (110M litres) were the main products of soft drink imports to the United States.
From January 2022 to June 2022, the biggest increases were in non-alcoholic beverage, not containing milk (with a CAGR of +45.4%).
In value terms, sugary soft drinks ($185M) and non-alcoholic beverages, not containing milk ($116M) appeared to be the most imported types of soft drinks in the United States.
U.S. Soft Drink Imports by Country
In June 2022, Mexico (66M litres) constituted the largest soft drink supplier to the United States, with a 28% share of total imports. Moreover, soft drink imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (28M litres), twofold. Austria (17M litres) ranked third in terms of total imports with a 7.1% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from Mexico stood at +17.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+15.4% per month) and Austria (-4.0% per month).
In value terms, the largest soft drink suppliers to the United States were Mexico ($72M), Austria ($44M) and Canada ($33M), together comprising 50% of total imports. Switzerland, the Philippines, Thailand, South Korea, Italy, France, the UK, Guatemala, Vietnam and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 38%.
Vietnam, with a CAGR of +84.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
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This report provides an in-depth analysis of the soft drink market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
