Philippines - Bottled Waters - Market Analysis, Forecast, Size, Trends and Insights
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Bottled Water Market Size in the Philippines
In 2022, the Philippine bottled water market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption, however, showed strong growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.
Bottled Water Production in the Philippines
In value terms, bottled water production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.
Bottled Water Exports
Exports from the Philippines
In 2023, bottled water exports from the Philippines expanded sharply to X litres, increasing by X% compared with 2022 figures. In general, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X litres in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, bottled water exports dropped dramatically to $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
Exports by Country
The United States (X litres), Micronesia (X litres) and Northern Mariana Islands (X litres) were the main destinations of bottled water exports from the Philippines, together comprising X% of total exports. Marshall Islands, Palau, Macao SAR, Vanuatu, the United Arab Emirates, Papua New Guinea and Hong Kong SAR lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Macao SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Micronesia ($X), the United States ($X) and Marshall Islands ($X) appeared to be the largest markets for bottled water exported from the Philippines worldwide, together comprising X% of total exports. Northern Mariana Islands, Palau, the United Arab Emirates, Macao SAR, Vanuatu, Papua New Guinea and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.
Vanuatu, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average bottled water export price stood at $X per litre in 2023, shrinking by X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, bottled water export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per litre in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per litre), while the average price for exports to the United States ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (X%), while the prices for the other major destinations experienced more modest paces of growth.
Bottled Water Imports
Imports into the Philippines
After two years of growth, supplies from abroad of bottled waters decreased by X% to X litres in 2023. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X litres in 2022, and then shrank in the following year.
In value terms, bottled water imports skyrocketed to $X in 2023. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Indonesia (X litres) constituted the largest bottled water supplier to the Philippines, accounting for a X% share of total imports. Moreover, bottled water imports from Indonesia exceeded the figures recorded by the second-largest supplier, South Korea (X litres), more than tenfold. The third position in this ranking was held by France (X litres), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Indonesia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and France (X% per year).
In value terms, Indonesia ($X) constituted the largest supplier of bottled waters to the Philippines, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the United States, with an X% share.
From 2012 to 2023, the average annual growth rate of value from Indonesia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).
Import Prices by Country
The average bottled water import price stood at $X per litre in 2023, growing by X% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. Over the period under review, average import prices reached the peak figure at $X per litre in 2016; however, from 2017 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Indonesia ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
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
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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
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