Hong Kong SAR, China - Bottled Waters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBottled Water Price in Hong Kong SAR - 2023
Contents:
- Bottled Water Price in Hong Kong SAR (CIF) - 2023
- Bottled Water Price in Hong Kong SAR (FOB) - 2023
- Bottled Water Imports in Hong Kong SAR
- Bottled Water Exports in Hong Kong SAR
Bottled Water Price in Hong Kong SAR (CIF) - 2023
In January 2023, the average bottled water import price amounted to $12.9 per litre, growing by 1,868% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 2,359% against the previous month. The import price peaked at $20.0 per litre in February 2022; however, from March 2022 to January 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was China ($50.3 per litre), while the price for Taiwan (Chinese) ($192 per thousand litres) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Bottled Water Price in Hong Kong SAR (FOB) - 2023
In January 2023, the average bottled water export price amounted to $1.5 per litre, therefore, remained relatively stable against the previous month. Overall, the export price posted moderate growth. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 111% month-to-month. As a result, the export price reached the peak level of $1.9 per litre. From October 2022 to January 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In January 2023, the country with the highest price was China ($15.7 per litre), while the average price for exports to Macao SAR amounted to $870 per thousand litres.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+25.9%).
Bottled Water Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of bottled waters, when their volume decreased by -10.2% to 1.1B litres. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of 1.3B litres, and then fell in the following year.
In value terms, bottled water imports totaled $657M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Bottled Waters in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 616 | 565 | 616 | 635 | 1.0% |
| Others | 34.6 | 27.7 | 36.0 | 22.3 | -13.6% |
| Total | 650 | 593 | 652 | 657 | 0.4% |
Top Suppliers of Bottled Waters to Hong Kong SAR in 2022:
- China (1091.1M litres)
Bottled Water Exports in Hong Kong SAR
Bottled water exports from Hong Kong SAR expanded sharply to 5.7M litres in 2022, with an increase of 12% against 2021 figures. In general, exports, however, recorded a deep setback. Over the period under review, the exports reached the peak figure at 7.6M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bottled water exports skyrocketed to $5.4M in 2022. Over the period under review, exports, however, showed a deep contraction. The exports peaked at $7.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bottled Waters in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 5.9 | 2.7 | 2.6 | 4.4 | -9.3% |
| China | 0.7 | 0.6 | 0.4 | 0.9 | 8.7% |
| Australia | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.5 | 0.1 | 0.1 | -47.7% |
| Total | 7.7 | 3.8 | 3.1 | 5.4 | -11.2% |
Top Export Markets for Bottled Waters from Hong Kong SAR in 2022:
- Australia (undefinedM litres)
- Macao SAR (4.8M litres)
- China (0.8M litres)
This report provides an in-depth analysis of the bottled water market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
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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
395
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