Republic of Korea - Pasta Stuffed With Meat, Fish And Cheese - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Pasta Stuffed With Meat, Fish And Cheese - Market Analysis, Forecast, Size, Trends And Insights

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Price for Meat, Fish or Cheese Pasta in South Korea - 2022

Contents:

  1. Price for Meat, Fish or Cheese Pasta in South Korea (FOB) - 2022
  2. Price for Meat, Fish or Cheese Pasta in South Korea (CIF) - 2022
  3. Exports of Meat, Fish or Cheese Pasta in South Korea
  4. Imports of Meat, Fish or Cheese Pasta in South Korea

Price for Meat, Fish or Cheese Pasta in South Korea (FOB) - 2022

The average export price for pasta stuffed with meat, fish and cheese stood at $3,439 per ton in December 2022, with an increase of 4.2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 5.9% month-to-month. Over the period under review, the average export prices hit record highs at $3,540 per ton in March 2022; however, from April 2022 to December 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Hong Kong SAR ($5,007 per ton), while the average price for exports to Canada ($2,899 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Meat, Fish or Cheese Pasta in South Korea (CIF) - 2022

The average import price for pasta stuffed with meat, fish and cheese stood at $4,272 per ton in December 2022, with an increase of 2.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2022 an increase of 23% against the previous month. The import price peaked in December 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($15,709 per ton), while the price for China ($1,914 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Meat, Fish or Cheese Pasta in South Korea

After three years of growth, overseas shipments of pasta stuffed with meat, fish and cheese decreased by -4.6% to 18K tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.

In value terms, meat, fish or cheese pasta exports contracted modestly to $61M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.5% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 46%.

Export of Meat, Fish or Cheese Pasta in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.59.015.321.657.8%
United States8.011.810.711.412.5%
Hong Kong SAR2.14.84.93.821.9%
Philippines2.75.03.73.36.9%
United Kingdom2.72.83.82.92.4%
Australia2.02.82.02.46.3%
Germany1.81.82.42.410.1%
Canada1.41.61.51.76.7%
Vietnam1.72.98.61.5-4.1%
Netherlands0.60.71.01.226.0%
Singapore0.61.01.10.914.5%
New Zealand0.70.70.80.70.0%
Others5.25.98.17.010.4%
Total34.850.963.760.820.4%

Top Export Markets for Meat, Fish or Cheese Pasta from South Korea in 2022:

  1. Japan (6.8K tons)
  2. United States (3.2K tons)
  3. Philippines (1.0K tons)
  4. United Kingdom (0.9K tons)
  5. Hong Kong SAR (0.9K tons)
  6. Germany (0.8K tons)
  7. Australia (0.7K tons)
  8. Canada (0.6K tons)
  9. Vietnam (0.5K tons)
  10. Netherlands (0.4K tons)
  11. Singapore (0.3K tons)
  12. New Zealand (0.2K tons)

Imports of Meat, Fish or Cheese Pasta in South Korea

In 2022, approx. 3.6K tons of pasta stuffed with meat, fish and cheese were imported into South Korea; picking up by 31% against 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, meat, fish or cheese pasta imports skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Meat, Fish or Cheese Pasta in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam6.04.43.95.4-3.5%
China4.33.13.24.83.7%
Thailand2.01.62.32.34.8%
Australia0.40.10.30.57.7%
Italy0.30.40.70.518.6%
Others0.10.10.20.10.0%
Total13.19.610.613.61.3%

Top Suppliers of Meat, Fish or Cheese Pasta to South Korea in 2022:

  1. China (2312.3 tons)
  2. Vietnam (847.7 tons)
  3. Thailand (232.8 tons)
  4. Australia (85.9 tons)
  5. Italy (79.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for meat, fish or cheese pasta in Republic of Korea. 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 10851410 - Cooked or uncooked pasta stuffed with meat, fish, cheese or other substances in any proportion

Country coverage:

  • South Korea

Data coverage:

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