Philippines - Uncooked Pasta (Not Containing Eggs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Uncooked Pasta Not Containing Eggs in the Philippines - 2023
Contents:
- Price for Uncooked Pasta Not Containing Eggs in the Philippines (CIF) - 2023
- Price for Uncooked Pasta Not Containing Eggs in the Philippines (FOB) - 2023
- Imports of Uncooked Pasta Not Containing Eggs in the Philippines
- Exports of Uncooked Pasta Not Containing Eggs in the Philippines
Price for Uncooked Pasta Not Containing Eggs in the Philippines (CIF) - 2023
The average import price for uncooked pasta not containing eggs stood at $867 per ton in July 2023, waning by -10.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.5% m-o-m. The import price peaked at $964 per ton in June 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($1,369 per ton), while the price for China ($747 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Uncooked Pasta Not Containing Eggs in the Philippines (FOB) - 2023
The average export price for uncooked pasta not containing eggs stood at $2,220 per ton in July 2023, reducing by -4.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 15% against the previous month. The export price peaked at $2,330 per ton in June 2023, and then shrank modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($3,436 per ton), while the average price for exports to Hong Kong SAR ($1,346 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guam (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Uncooked Pasta Not Containing Eggs in the Philippines
In 2022, overseas purchases of uncooked pasta not containing eggs decreased by -4.6% to 46K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, imports reached the peak of 50K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, uncooked pasta not containing eggs imports rose slightly to $40M in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Uncooked Pasta Not Containing Eggs in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.7 | 3.1 | 6.3 | 11.0 | 59.7% |
| Indonesia | 5.2 | 8.3 | 8.8 | 10.6 | 26.8% |
| China | 9.0 | 8.5 | 6.8 | 5.3 | -16.2% |
| Turkey | 3.8 | 9.8 | 7.4 | 4.0 | 1.7% |
| Australia | 2.4 | 2.1 | 3.5 | 3.0 | 7.7% |
| Italy | 1.8 | 1.5 | 1.5 | 2.4 | 10.1% |
| Thailand | 0.9 | 0.8 | 1.0 | 1.4 | 15.9% |
| Others | 2.9 | 4.4 | 3.1 | 2.6 | -3.6% |
| Total | 28.7 | 38.6 | 38.5 | 40.4 | 12.1% |
Top Suppliers of Uncooked Pasta Not Containing Eggs to the Philippines in 2022:
- United Arab Emirates (14.0K tons)
- Indonesia (11.6K tons)
- China (7.3K tons)
- Turkey (4.9K tons)
- Italy (2.6K tons)
- Australia (2.1K tons)
- Thailand (1.2K tons)
Exports of Uncooked Pasta Not Containing Eggs in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas shipments of uncooked pasta not containing eggs, which increased by 34% to 14K tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, uncooked pasta not containing eggs exports surged to $25M in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 53%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Uncooked Pasta Not Containing Eggs in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 5.7 | 5.8 | 8.8 | 46.5% |
| Canada | 0.8 | 1.6 | 1.7 | 3.4 | 62.0% |
| United Arab Emirates | 2.7 | 2.2 | 2.4 | 2.9 | 2.4% |
| Saudi Arabia | 1.1 | 1.8 | 1.7 | 2.6 | 33.2% |
| Qatar | 0.2 | 0.3 | 0.8 | 1.3 | 86.6% |
| Australia | 0.2 | 0.7 | 0.6 | 1.1 | 76.5% |
| Kuwait | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| United Kingdom | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Hong Kong SAR | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 2.0 | 3.0 | 3.4 | 3.5 | 20.5% |
| Total | 10.6 | 16.3 | 17.4 | 25.0 | 33.1% |
Top Export Markets for Uncooked Pasta Not Containing Eggs from the Philippines in 2022:
- United States (5.3K tons)
- Canada (2.0K tons)
- United Arab Emirates (1.6K tons)
- Saudi Arabia (1.2K tons)
- Qatar (0.6K tons)
- Australia (0.5K tons)
- Kuwait (0.5K tons)
- United Kingdom (0.3K tons)
- Hong Kong SAR (0.3K tons)
This report provides an in-depth analysis of the market for uncooked pasta (not containing eggs) in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Italy continued its dominance in the global uncooked pasta trade. In 2014, Italy exported X kt of uncooked pasta totaling $X, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total uncook
1029
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
1636
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
469
Global trade in pasta stuffed with meat, fish and cheese stood at 663K tons in 2020, growing by 4% against the previous year. In value terms, supplies expanded rapidly from $1.9B to $2.1B.
1104
Italy continued its dominance in the global uncooked pasta trade. In 2014, Italy exported X kt of uncooked pasta totaling $X, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total uncook
1029
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
1636
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
469
Global trade in pasta stuffed with meat, fish and cheese stood at 663K tons in 2020, growing by 4% against the previous year. In value terms, supplies expanded rapidly from $1.9B to $2.1B.
