Global Soft Drink Market 2024

Soft Drink Market Size

In 2022, the global soft drink market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the global market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Soft Drink Production

In value terms, soft drink production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Soft Drink Exports

Exports

Global soft drink exports rose modestly to X litres in 2022, increasing by X% on 2021. In general, total exports indicated a strong 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 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, soft drink exports rose to $X in 2022. Over the period under review, total exports indicated a buoyant 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, exports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from Germany (X litres), Austria (X litres), the Netherlands (X litres), Thailand (X litres), Poland (X litres), France (X litres), Belgium (X litres), the United States (X litres), Mexico (X litres), Switzerland (X litres), Italy (X litres) and Spain (X litres), together recording X% of total export. The Czech Republic (X litres) held a minor share of total exports.

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

In value terms, the largest soft drink supplying countries worldwide were Austria ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of global exports. Switzerland, Thailand, the United States, Belgium, France, Poland, Italy, Mexico, Spain and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average soft drink export price stood at $X per litre in 2022, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per litre), while the Czech Republic ($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 other global leaders experienced more modest paces of growth.

Soft Drink Imports

Imports

After ten years of growth, overseas purchases of soft drinks decreased by X% to X litres in 2022. Over the period under review, total imports indicated a resilient 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X litres, leveling off in the following year.

In value terms, soft drink imports shrank modestly to $X in 2022. Overall, total imports indicated strong growth 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 2012 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

The countries with the highest levels of soft drink imports in 2022 were the UK (X litres), Germany (X litres), the United States (X litres), France (X litres), the Netherlands (X litres), Belgium (X litres) and Canada (X litres), together recording X% of total import. The following importers - Ireland (X litres), China (X litres), Austria (X litres), Slovakia (X litres), Singapore (X litres) and Hungary (X litres) - each accounted for a X% share of total imports.

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

In value terms, the largest soft drink importing markets worldwide were the United States ($X), the UK ($X) and Germany ($X), together accounting for X% of global imports. France, the Netherlands, Canada, Belgium, China, Austria, Ireland, Singapore, Slovakia and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average soft drink import price amounted to $X per litre, remaining constant against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per litre in 2014; however, from 2015 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 ($X per litre), while Hungary ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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