Australia: Beer Market 2024

Beer Market Size in Australia

The Australian beer market reached $X in 2022, increasing by X% against the previous year. Overall, consumption, however, showed a mild downturn. Beer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Beer Production in Australia

In value terms, beer production reached $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Beer Exports

Exports from Australia

In 2022, shipments abroad of beer increased by X% to X litres, rising for the second year in a row after three years of decline. Over the period under review, exports enjoyed slight growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, beer exports skyrocketed to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X litres), New Zealand (X litres) and Japan (X litres) were the main destinations of beer exports from Australia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) emerged as the key foreign market for beer exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average beer export price stood at $X per litre in 2022, increasing by X% against the previous year. In general, the export price, however, saw a pronounced contraction. The export price peaked at $X per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per litre), while the average price for exports to New Zealand ($X 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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Australia

Beer imports into Australia soared to X litres in 2022, rising by X% compared with 2021. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, beer imports expanded significantly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X litres) constituted the largest beer supplier to Australia, with a X% share of total imports. Moreover, beer imports from Mexico exceeded the figures recorded by the second-largest supplier, Germany (X litres), fivefold. The third position in this ranking was taken by New Zealand (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and New Zealand (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of beer to Australia, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average beer import price amounted to $X per litre, declining by X% against the previous year. Overall, the import price continues to indicate a significant decline. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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