China - Stuffed Pasta And Couscous - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Pasta and Couscous Export Declines 6%, Averaging 50K Tons in September 2022
China Pasta and Couscous Exports
Pasta and couscous exports from China reduced to 50K tons in September 2022, with a decrease of -6.4% on August 2022. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in March 2022 when exports increased by 57% against the previous month. Over the period under review, the exports reached the peak figure at 59K tons in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.
In value terms, pasta and couscous exports fell to $94M (IndexBox estimates) in September 2022. Overall, exports showed a mild downturn. The pace of growth appeared the most rapid in March 2022 when exports increased by 54% m-o-m. Over the period under review, the exports attained the maximum at 108K tons in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.
Exports by Country
Hong Kong SAR (8.3K tons), South Korea (6.5K tons) and the United States (5.8K tons) were the main destinations of pasta and couscous exports from China, with a combined 41% share of total exports. Canada, Australia, the Netherlands, Japan, the UK, Russia, Malaysia, the Philippines, Germany and Indonesia lagged somewhat behind, together comprising a further 39%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +1.7%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for pasta and couscous exported from China were Hong Kong SAR ($17M), the United States ($12M) and South Korea ($9.2M), with a combined 41% share of total exports. These countries were followed by Canada, Japan, Australia, the Netherlands, the UK, Russia, Malaysia, the Philippines, Germany and Indonesia, which together accounted for a further 39%.
Russia, with a CAGR of +1.6%, recorded the highest growth rate of 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.
Exports by Type
Dried, undried and frozen pasta and pasta products (40K tons) was the largest type of pasta and couscous exported from China, accounting for a 80% share of total exports. Moreover, dried, undried and frozen pasta and pasta products exceeded the volume of the second product type, pasta stuffed with meat, fish and cheese (10K tons), fourfold.
From January 2022 to September 2022, the average monthly growth rate of the volume of export of dried, undried and frozen pasta and pasta products totaled -2.1%.
In value terms, dried, undried and frozen pasta and pasta products ($68M) remains the largest type of pasta and couscous exported from China, comprising 72% of total exports. The second position in the ranking was held by pasta stuffed with meat, fish and cheese ($26M), with a 28% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of dried, undried and frozen pasta and pasta products totaled -1.8%.
Export Prices by Country
In September 2022, the pasta and couscous price stood at $1,896 per ton (FOB, China), remaining relatively unchanged against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 4.5% against the previous month. The export price peaked in September 2022.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Japan ($2,942 per ton), while the average price for exports to South Korea ($1,414 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Factors Affecting Pasta and Couscous Prices
Couscous is made from semolina flour, which is a type of wheat flour. It is a staple food in many North African and Middle Eastern countries. Couscous has a light, fluffy texture and can be flavored with various spices. It can be served as a side dish or as a main course.
Since pasta and couscous are both made from grains, their prices are largely determined by the price of grains. In China, the price of grains has been rising in recent years due to increased demand from the growing middle class. This has led to an increase in the price of pasta and couscous.
The other major factor that affects the price of these food items is transportation costs. Pasta and couscous are typically imported from Italy and Morocco, respectively. As fuel prices have risen in recent years, transportation costs have also gone up, leading to higher prices for these food items.
With the world's population becoming increasingly health-conscious, there is a growing demand for healthier food options. As a result, many people are looking for alternatives to traditional pasta and rice dishes. One popular option is couscous.
This report provides an in-depth analysis of the market for stuffed pasta and couscous in China. 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 10731200 - Couscous
- Prodcom 10851410 - Cooked or uncooked pasta stuffed with meat, fish, cheese or other substances in any proportion
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
