Report Update: Apr 1, 2024

Finland - Bottled Waters - Market Analysis, Forecast, Size, Trends and Insights

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Bottled Water Price in Finland - 2023

Bottled Water Price in Finland (CIF) - 2023

The average bottled water import price stood at $340 per thousand litres in June 2023, growing by 22% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in September 2022 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $0.4 per litre. From October 2022 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($868 per thousand litres), while the price for Germany ($245 per thousand litres) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Bottled Water Price in Finland (FOB) - 2022

In 2022, the average bottled water export price amounted to $0.7 per litre, jumping by 46% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% 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 increased by +104.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 China ($1 per litre), while the average price for exports to Kyrgyzstan ($0.1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bottled Water Imports in Finland

After three years of growth, purchases abroad of bottled waters decreased by -21.9% to 14M litres in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at 18M litres in 2021, and then shrank dramatically in the following year.

In value terms, bottled water imports contracted notably to $3.8M in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 8.9% against the previous year. As a result, imports reached the peak of $5.4M, and then reduced notably in the following year.

Import of Bottled Water in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4,136	3,730	3,840	1,849	-23.5%
Estonia	364	493	551	589	17.4%
Italy	223	232	279	322	13.0%
Denmark	44.7	47.3	163	263	80.5%
Georgia	20.2	161	210	184	108.8%
Sweden	293	234	296	68.8	-38.3%
Others	46.2	98.6	98.8	530	125.5%
Total	5,129	4,996	5,439	3,805	-9.5%

Top Suppliers of Bottled Water to Finland in 2022:

Sweden (undefinedM litres)
Germany (3.6M litres)
Estonia (2.2M litres)
Denmark (0.7M litres)
Italy (0.5M litres)
Georgia (0.2M litres)

Bottled Water Exports in Finland

Bottled water exports from Finland contracted dramatically to 2.9M litres in 2022, shrinking by -27.9% compared with the previous year. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by 9.6% against the previous year. Over the period under review, the exports attained the maximum at 4.7M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bottled water exports rose rapidly to $2M in 2022. Overall, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 54%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Bottled Water in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	19.3	74.7	362	886	258.1%
Canada	28.3	86.5	286	595	176.0%
Russia	512	492	595	191	-28.0%
United Arab Emirates	257	135	185	74.8	-33.7%
Saudi Arabia	249	98.3	96.0	71.9	-33.9%
Estonia	121	75.4	74.0	65.2	-18.6%
China	109	50.6	128	28.9	-35.8%
Sweden	497	133	119	20.7	-65.3%
Kyrgyzstan	N/A	N/A	N/A	4.2	0%
Others	120	95.1	62.1	72.1	-15.6%
Total	1,913	1,241	1,908	2,010	1.7%

Top Export Markets for Bottled Water from Finland in 2022:

United States (1404.9K litres)
Canada (897.2K litres)
Russia (813.6K litres)
Estonia (148.5K litres)
Saudi Arabia (111.9K litres)
United Arab Emirates (102.8K litres)
Kyrgyzstan (80.5K litres)
China (28.0K litres)
Sweden (27.3K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bottled water market in Finland. 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 11071130 - Mineral waters and aerated waters, unsweetened
Prodcom 11071150 - Unsweetened and non-flavoured waters, ice and snow (excluding mineral and aerated waters)

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023