Eastern Asia: Bottled Water Market 2024

Bottled Water Market Size in Eastern Asia

The East Asian bottled water market totaled $X in 2022, growing by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bottled Water Production in Eastern Asia

In value terms, bottled water production rose to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Bottled Water Exports

Exports in Eastern Asia

In 2022, approx. X litres of bottled waters were exported in Eastern Asia; picking up by X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, bottled water exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China (X litres) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the bottled waters exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest bottled water supplier in Eastern Asia.

In China, bottled water exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per litre, shrinking by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per litre in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Bottled Water Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of bottled waters, when their volume decreased by X% to X litres. Total imports indicated a measured 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 decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X litres. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, bottled water imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The level of import peaked at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Hong Kong SAR (X litres) was the key importer of bottled waters, achieving X% of total imports. Japan (X litres) held the second position in the ranking, followed by South Korea (X litres), China (X litres) and Macao SAR (X litres). All these countries together held near X% share of total imports. Taiwan (Chinese) (X litres) followed a long way behind the leaders.

Imports into Hong Kong SAR increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%), China (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Macao SAR experienced a relatively flat trend pattern. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, China and Hong Kong SAR increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported bottled waters in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In Hong Kong SAR, bottled water imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per litre in 2022, rising by X% against the previous year. Overall, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per litre in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per litre), while South Korea ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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