Philippines - Bottled Waters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBottled Water Price in the Philippines - 2023
Contents:
- Bottled Water Price in the Philippines (CIF) - 2023
- Bottled Water Price in the Philippines (FOB) - 2022
- Bottled Water Imports in the Philippines
- Bottled Water Exports in the Philippines
Bottled Water Price in the Philippines (CIF) - 2023
The average bottled water import price stood at $237 per thousand litres in June 2023, shrinking by -25.7% against the previous month. Over the period under review, the import price, however, posted measured growth. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 135% against the previous month. As a result, import price attained the peak level of $0.4 per litre. From November 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1.0 per litre), while the price for Indonesia ($153 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 Indonesia (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Bottled Water Price in the Philippines (FOB) - 2022
The average bottled water export price stood at $0.7 per litre in 2022, standing approx. at the previous year. Overall, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 61% against the previous year. The export price peaked at $0.8 per litre in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Northern Mariana Islands ($1.3 per litre), while the average price for exports to Vanuatu ($0.3 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 Japan (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bottled Water Imports in the Philippines
Bottled water imports into the Philippines reached 66M litres in 2022, surging by 15% against the year before. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, bottled water imports stood at $12M in 2022. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Bottled Water in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 14.1 | 4.6 | 9.5 | 7.1 | -20.4% |
France | 2.1 | 1.5 | 1.1 | 2.1 | 0.0% |
South Korea | 0.9 | 0.4 | 0.4 | 0.8 | -3.9% |
Others | 1.0 | 1.4 | 1.3 | 2.5 | 35.7% |
Total | 18.1 | 7.8 | 12.3 | 12.5 | -11.6% |
Top Suppliers of Bottled Water to the Philippines in 2022:
- Indonesia (60.0M litres)
- France (2.5M litres)
- South Korea (1.7M litres)
Bottled Water Exports in the Philippines
Bottled water exports from the Philippines soared to 371K litres in 2022, jumping by 20% compared with 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. As a result, the exports reached the peak of 471K litres. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bottled water exports skyrocketed to $258K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 63%. As a result, the exports reached the peak of $363K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Bottled Water in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Northern Mariana Islands | 14.6 | 33.5 | 42.3 | 83.1 | 78.5% |
Palau | 69.4 | 154 | 28.5 | 50.9 | -9.8% |
Micronesia | 29.4 | 55.8 | 19.3 | 35.0 | 6.0% |
Marshall Islands | 4.4 | 34.8 | 54.2 | 32.8 | 95.3% |
United States | 57.8 | 65.2 | N/A | 30.3 | -19.4% |
Macao SAR | N/A | N/A | N/A | 15.6 | 0% |
Vanuatu | N/A | N/A | N/A | 4.9 | 0% |
Kiribati | N/A | N/A | 50.9 | N/A | 0% |
United Arab Emirates | 38.0 | 5.0 | 1.6 | N/A | -79.5% |
Others | 8.8 | 13.9 | 18.4 | 5.6 | -14.0% |
Total | 222 | 363 | 215 | 258 | 5.1% |
Top Export Markets for Bottled Water from the Philippines in 2022:
- Palau (77.3K litres)
- Northern Mariana Islands (65.2K litres)
- United States (61.1K litres)
- Marshall Islands (58.6K litres)
- Micronesia (48.2K litres)
- Macao SAR (37.6K litres)
- Vanuatu (14.4K litres)
This report provides an in-depth analysis of the bottled water market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
This report provides an in-depth analysis of the bottled water market in the Philippines.
This report provides an in-depth analysis of the market for mineral or aerated water in the Philippines.
This report provides an in-depth analysis of the market for non-mineral or non-aerated water in the Philippines.
This report provides an in-depth analysis of the global bottled water market.
This report provides an in-depth analysis of the global market for mineral or aerated water.
This report provides an in-depth analysis of the global market for non-mineral or non-aerated water.
This report provides an in-depth analysis of the bottled water market in the Philippines.
This report provides an in-depth analysis of the market for mineral or aerated water in the Philippines.
This report provides an in-depth analysis of the market for non-mineral or non-aerated water in the Philippines.
This report provides an in-depth analysis of the global bottled water market.
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