Australia and Oceania: Soft Drink Market 2024

Soft Drink Market Size in Australia and Oceania

The soft drink market in Australia and Oceania totaled $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Soft Drink Production in Australia and Oceania

In value terms, soft drink production expanded notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Soft Drink Exports

Exports in Australia and Oceania

In 2022, shipments abroad of soft drinks increased by X% to X litres, rising for the third year in a row after two years of decline. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, soft drink exports expanded notably to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

New Zealand (X litres) and Australia (X litres) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, the largest soft drink supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

Among the main exporting countries, Australia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per litre in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per litre), while New Zealand totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Soft Drink Imports

Imports in Australia and Oceania

In 2022, imports of soft drinks in Australia and Oceania rose slightly to X litres, picking up by X% compared with the year before. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, soft drink imports reached $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Australia represented the key importing country with an import of about X litres, which reached X% of total imports. Papua New Guinea (X litres) took a X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%). The following importers - Guam (X litres) and New Caledonia (X litres) - each reached a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported soft drinks in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, soft drink imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per litre), while Papua New Guinea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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