Thailand - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Pasta Products Price in Thailand - 2023

Contents:

  1. Pasta Products Price in Thailand (FOB) - 2023
  2. Pasta Products Price in Thailand (CIF) - 2023
  3. Pasta Products Exports in Thailand
  4. Pasta Products Imports in Thailand

Pasta Products Price in Thailand (FOB) - 2023

The average pasta products export price stood at $3,131 per ton in September 2023, leveling off at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 7.1% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,147 per ton in December 2022; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($4,504 per ton), while the average price for exports to Malaysia ($2,057 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 Japan (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Price in Thailand (CIF) - 2023

The average pasta products import price stood at $3,717 per ton in September 2023, surging by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in March 2023 an increase of 30% month-to-month. The import price peaked at $3,856 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($4,335 per ton), while the price for Turkey ($1,267 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 Vietnam (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pasta Products Exports in Thailand

After three years of growth, shipments abroad of dried, undried and frozen pasta and pasta products decreased by -2.7% to 128K tons in 2022. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 6%. As a result, the exports reached the peak of 131K tons, and then reduced in the following year.

In value terms, pasta products exports contracted to $365M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 7.3% against the previous year.

Export of Pasta Products in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia68.456.459.252.7-8.3%
United States49.360.049.545.5-2.6%
Myanmar1.240.139.837.9216.1%
Netherlands30.224.930.232.92.9%
Lao People's Democratic Republic34.933.135.032.2-2.6%
Australia26.429.227.329.23.4%
France10.911.211.913.57.4%
Canada7.39.39.610.312.2%
Finland7.07.07.09.711.5%
Malaysia7.07.28.89.39.9%
Germany6.06.16.99.114.9%
Japan5.65.25.48.414.5%
Hong Kong SAR5.76.25.25.6-0.6%
Others72.560.670.768.9-1.7%
Total3323573663653.2%

Top Export Markets for Pasta Products from Thailand in 2022:

  1. Cambodia (18.3K tons)
  2. Myanmar (16.4K tons)
  3. Lao People's Democratic Republic (14.4K tons)
  4. United States (12.6K tons)
  5. Netherlands (12.0K tons)
  6. Australia (7.8K tons)
  7. France (5.2K tons)
  8. Malaysia (3.9K tons)
  9. Canada (3.6K tons)
  10. Finland (3.4K tons)
  11. Japan (3.0K tons)
  12. Germany (2.8K tons)
  13. Hong Kong SAR (2.3K tons)

Pasta Products Imports in Thailand

In 2022, purchases abroad of dried, undried and frozen pasta and pasta products decreased by -5.3% to 12K 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 +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 13K tons, and then declined in the following year.

In value terms, pasta products imports reached $43M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Pasta Products in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea20.728.632.434.218.2%
Japan1.42.12.82.318.0%
China1.51.52.22.111.9%
Malaysia0.21.30.71.176.5%
Turkey0.40.40.50.826.0%
Vietnam0.10.60.40.791.3%
Italy0.90.71.20.5-17.8%
Others2.11.31.41.0-21.9%
Total27.436.441.742.715.9%

Top Suppliers of Pasta Products to Thailand in 2022:

  1. South Korea (8.4K tons)
  2. China (1.3K tons)
  3. Turkey (0.7K tons)
  4. Japan (0.6K tons)
  5. Vietnam (0.4K tons)
  6. Italy (0.3K tons)
  7. Malaysia (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pasta products market in Thailand. 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:

  • Thailand

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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