Report Update: Apr 1, 2024

India - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights

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Pasta Products Price in India - 2023

Pasta Products Price in India (CIF) - 2023

In September 2023, the average pasta products import price amounted to $2,227 per ton, remaining stable against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $2,778 per ton. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4,255 per ton), while the price for China ($1,334 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Pasta Products Price in India (FOB) - 2023

In September 2023, the average pasta products export price amounted to $1,832 per ton, standing approximately at the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 13% against the previous month. The export price peaked at $1,927 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Saudi Arabia ($3,252 per ton), while the average price for exports to Bangladesh ($588 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports in India

In 2022, purchases abroad of dried, undried and frozen pasta and pasta products decreased by -8.3% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.9% from 2019 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 2020 when imports increased by 19% against the previous year.

In value terms, pasta products imports surged to $27M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Pasta Products in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Nepal	7.6	8.5	10.6	9.4	7.3%
South Korea	0.7	2.4	3.3	8.5	129.8%
Italy	2.6	2.6	2.9	3.7	12.5%
Indonesia	0.4	0.7	1.1	1.6	58.7%
Bangladesh	N/A	0.4	1.7	1.6	100.0%
Singapore	0.7	1.0	1.1	1.1	16.3%
Turkey	0.3	0.2	0.1	0.2	-12.6%
Others	0.9	1.1	1.6	1.3	13.0%
Total	13.3	16.9	22.4	27.3	27.1%

Top Suppliers of Pasta Products to India in 2022:

Nepal (6.3K tons)
Italy (2.8K tons)
South Korea (2.0K tons)
Indonesia (0.8K tons)
Bangladesh (0.5K tons)
Singapore (0.4K tons)
Turkey (0.2K tons)

Pasta Products Exports in India

In 2022, the amount of dried, undried and frozen pasta and pasta products exported from India skyrocketed to 14K tons, growing by 49% compared with the year before. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pasta products exports surged to $26M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Pasta Products in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.7	8.2	5.1	8.5	21.8%
Canada	2.7	4.4	3.3	5.1	23.6%
United Kingdom	1.4	2.1	1.5	2.6	22.9%
Bhutan	1.5	1.7	1.7	2.1	11.9%
United Arab Emirates	0.4	0.3	0.5	2.0	71.0%
Australia	1.3	1.8	1.2	1.8	11.5%
Netherlands	0.2	0.4	0.4	0.6	44.2%
Singapore	0.4	0.6	0.3	0.4	0.0%
Nepal	0.5	0.4	0.2	0.4	-7.2%
Others	1.3	2.3	2.6	2.9	30.7%
Total	14.2	22.2	16.9	26.2	22.7%

Top Export Markets for Pasta Products from India in 2022:

United States (4.1K tons)
Canada (3.0K tons)
United Arab Emirates (1.2K tons)
United Kingdom (1.2K tons)
Bhutan (1.1K tons)
Australia (1.0K tons)
Netherlands (0.3K tons)
Singapore (0.2K tons)
Nepal (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pasta products market in India. 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 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023