Hong Kong SAR, China - Uncooked Pasta (Not Containing Eggs) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Uncooked Pasta (Not Containing Eggs) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Uncooked Pasta Not Containing Eggs in Hong Kong SAR - 2023

Contents:

  1. Price for Uncooked Pasta Not Containing Eggs in Hong Kong SAR (CIF) - 2023
  2. Price for Uncooked Pasta Not Containing Eggs in Hong Kong SAR (FOB) - 2023
  3. Imports of Uncooked Pasta Not Containing Eggs in Hong Kong SAR
  4. Exports of Uncooked Pasta Not Containing Eggs in Hong Kong SAR

Price for Uncooked Pasta Not Containing Eggs in Hong Kong SAR (CIF) - 2023

The average import price for uncooked pasta not containing eggs stood at $1,407 per ton in June 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 13% m-o-m. As a result, import price reached the peak level of $1,553 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($3,082 per ton), while the price for Turkey ($914 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Uncooked Pasta Not Containing Eggs in Hong Kong SAR (FOB) - 2023

The average export price for uncooked pasta not containing eggs stood at $2,957 per ton in June 2023, with a decrease of -2.5% against the previous month. In general, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in April 2023 an increase of 51% against the previous month. Over the period under review, the average export prices attained the maximum at $3,499 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($5,916 per ton), while the average price for exports to Malaysia ($1,968 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta Not Containing Eggs in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of uncooked pasta not containing eggs, which decreased by -30.6% to 34K tons in 2022. In general, imports saw a deep reduction. The smallest decline of -0.1% was in 2020.

In value terms, uncooked pasta not containing eggs imports dropped rapidly to $50M in 2022. Over the period under review, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 4.3% against the previous year. As a result, imports reached the peak of $76M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Uncooked Pasta Not Containing Eggs in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.135.635.416.6-25.5%
Italy7.713.713.412.116.3%
Japan8.89.38.68.4-1.5%
Turkey2.42.42.63.917.6%
Taiwan (Chinese)2.33.52.22.2-1.5%
Indonesia1.51.51.31.74.3%
Latvia0.40.60.40.614.5%
Others9.59.33.94.1-24.4%
Total72.875.967.949.7-11.9%

Top Suppliers of Uncooked Pasta Not Containing Eggs to Hong Kong SAR in 2022:

  1. China (16.9K tons)
  2. Italy (5.8K tons)
  3. Turkey (4.6K tons)
  4. Japan (2.4K tons)
  5. Indonesia (1.3K tons)
  6. Taiwan (Chinese) (0.9K tons)
  7. Latvia (0.6K tons)

Exports of Uncooked Pasta Not Containing Eggs in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of uncooked pasta not containing eggs, which decreased by -42.5% to 4.8K tons in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -4.2% was in 2020.

In value terms, uncooked pasta not containing eggs exports shrank markedly to $14M in 2022. In general, exports continue to indicate a abrupt descent. The smallest decline of -0.9% was in 2020.

Export of Uncooked Pasta Not Containing Eggs in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR8.38.46.45.8-11.3%
Canada4.03.83.23.9-0.8%
United States2.22.41.70.9-25.8%
Malaysia1.80.80.90.7-27.0%
China1.02.92.20.7-11.2%
Singapore1.81.61.40.4-39.4%
Australia2.01.00.70.3-46.9%
Netherlands1.61.51.60.3-42.8%
Others2.32.21.51.3-17.3%
Total24.824.619.614.3-16.8%

Top Export Markets for Uncooked Pasta Not Containing Eggs from Hong Kong SAR in 2022:

  1. Macao SAR (1800.0 tons)
  2. Canada (1308.0 tons)
  3. Malaysia (379.7 tons)
  4. United States (336.9 tons)
  5. Singapore (156.6 tons)
  6. Netherlands (150.1 tons)
  7. Australia (142.8 tons)
  8. China (126.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for uncooked pasta (not containing eggs) in Hong Kong SAR, 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 10731150 - Uncooked pasta (excluding containing eggs, stuffed or otherwise prepared)

Country coverage:

  • Hong Kong SAR

Data coverage:

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

  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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Increase in Uncooked Pasta Import to $5.9M in Hong Kong As of June 2023
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From April 2023 to June 2023, the imports of Uncooked Pasta did not recover their growth momentum. The value of uncooked pasta imports significantly increased to $5.9M in June 2023.

Record High: Pasta and Couscous Prices Soar by 1% to $2,509 per Ton in Hong Kong
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Free Data: Uncooked Pasta (Not Containing Eggs) - Hong Kong SAR