Meat, Fish or Cheese Pasta Market

The article discusses the increasing demand for pasta stuffed with meat, fish, and cheese worldwide, with a forecasted market growth in volume and value over the next eight years. Key insights include consumption trends, production analysis, import and export statistics, with a focus on top consuming and producing countries such as China, India, the United States, and Italy. Details on market performance, growth rates, and price variations are also provided for a comprehensive overview of the pasta market.

Market Forecast

Driven by increasing demand for pasta stuffed with meat, fish and cheese worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market volume to 11M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.0% for the period from 2022 to 2030, which is projected to bring the market value to $33.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Pasta Stuffed With Meat, Fish or Cheese

In 2022, approx. 8.4M tons of pasta stuffed with meat, fish and cheese were consumed worldwide; rising by 3.5% on the year before. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.3% against 2020 indices. Global consumption peaked at 8.5M tons in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

The size of the market for pasta stuffed with meat, fish and cheese worldwide rose slightly to $22.9B in 2022, with an increase of 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +59.2% against 2013 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the near future.

Consumption By Country

China (1.8M tons) constituted the country with the largest volume of meat, fish or cheese pasta consumption, accounting for 21% of total volume. Moreover, meat, fish or cheese pasta consumption in China exceeded the figures recorded by the second-largest consumer, India (639K tons), threefold. The third position in this ranking was held by the United States (447K tons), with a 5.3% share.

In China, meat, fish or cheese pasta consumption expanded at an average annual rate of +3.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+7.4% per year) and the United States (+2.9% per year).

In value terms, China ($4.2B) led the market, alone. The second position in the ranking was held by Indonesia ($1.8B). It was followed by Japan.

In China, the meat, fish or cheese pasta market expanded at an average annual rate of +2.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (+11.4% per year) and Japan (+0.7% per year).

The countries with the highest levels of meat, fish or cheese pasta per capita consumption in 2022 were Germany (4.7 kg per person), France (3.4 kg per person) and Italy (2.7 kg per person).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Nigeria (with a CAGR of +11.4%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Pasta Stuffed With Meat, Fish or Cheese

In 2022, the amount of pasta stuffed with meat, fish and cheese produced worldwide was estimated at 8.6M tons, with an increase of 3.1% on the previous year. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 14%. Over the period under review, global production reached the maximum volume at 8.7M tons in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, meat, fish or cheese pasta production expanded modestly to $23.1B in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +53.9% against 2012 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 19% against the previous year. Over the period under review, global production hit record highs in 2022 and is likely to see steady growth in the near future.

Production By Country

China (1.9M tons) constituted the country with the largest volume of meat, fish or cheese pasta production, accounting for 22% of total volume. Moreover, meat, fish or cheese pasta production in China exceeded the figures recorded by the second-largest producer, India (640K tons), threefold. The United States (446K tons) ranked third in terms of total production with a 5.2% share.

In China, meat, fish or cheese pasta production increased at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+7.4% per year) and the United States (+2.7% per year).

Imports

World Imports of Pasta Stuffed With Meat, Fish or Cheese

In 2022, the amount of pasta stuffed with meat, fish and cheese imported worldwide stood at 585K tons, growing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 13% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, meat, fish or cheese pasta imports reached $2.1B in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +75.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Global imports peaked in 2022 and are likely to continue growth in years to come.

Imports By Country

The purchases of the three major importers of pasta stuffed with meat, fish and cheese, namely Germany, France and the UK, represented more than third of total import. It was distantly followed by the United States (32K tons), creating a 5.4% share of total imports. Belgium (26K tons), the Netherlands (26K tons), Spain (25K tons), Canada (23K tons), Austria (23K tons), Portugal (22K tons), Hong Kong SAR (21K tons), Japan (16K tons) and Switzerland (11K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Portugal (with a CAGR of +10.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, France ($257M), Germany ($228M) and the UK ($227M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 35% of global imports. The United States, Canada, the Netherlands, Belgium, Spain, Austria, Hong Kong SAR, Japan, Portugal and Switzerland lagged somewhat behind, together accounting for a further 41%.

In terms of the main importing countries, Portugal, with a CAGR of +10.5%, 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

The average import price for pasta stuffed with meat, fish and cheese stood at $3,518 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 7.1% against the previous year. As a result, import price attained the peak level of $3,529 per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($4,550 per ton), while Germany ($2,820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Pasta Stuffed With Meat, Fish or Cheese

For the sixth consecutive year, the global market recorded growth in shipments abroad of pasta stuffed with meat, fish and cheese, which increased by 4.5% to 736K tons in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 +55.6% against 2012 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 9.8% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, meat, fish or cheese pasta exports expanded notably to $2.5B in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +71.4% against 2015 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 13%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports By Country

In 2022, Italy (185K tons), distantly followed by China (121K tons), Belgium (54K tons), Austria (47K tons) and Vietnam (35K tons) represented the largest exporters of pasta stuffed with meat, fish and cheese, together constituting 60% of total exports. The following exporters - France (33K tons), the Netherlands (32K tons), the United States (31K tons), Germany (30K tons), Switzerland (22K tons), Poland (21K tons), South Korea (18K tons) and Thailand (18K tons) - together made up 28% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +33.3%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($711M) remains the largest meat, fish or cheese pasta supplier worldwide, comprising 29% of global exports. The second position in the ranking was held by China ($289M), with a 12% share of global exports. It was followed by Belgium, with a 6.8% share.

In Italy, meat, fish or cheese pasta exports increased at an average annual rate of +6.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+3.4% per year) and Belgium (-0.7% per year).

Export Prices By Country

In 2022, the average export price for pasta stuffed with meat, fish and cheese amounted to $3,331 per ton, growing by 1.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 6.6%. The global export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Thailand ($5,618 per ton), while China ($2,397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform