Singapore - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights

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Uncooked Pasta Price in Singapore - 2022

Contents:

  1. Uncooked Pasta Price in Singapore (CIF) - 2022
  2. Uncooked Pasta Price in Singapore (FOB) - 2022
  3. Uncooked Pasta Imports in Singapore
  4. Uncooked Pasta Exports in Singapore

Uncooked Pasta Price in Singapore (CIF) - 2022

In September 2022, the average uncooked pasta import price amounted to $2,318 per ton, with an increase of 2.4% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2022 an increase of 37% m-o-m. Over the period under review, average import prices attained the peak figure at $2,592 per ton in March 2022; however, from April 2022 to September 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,348 per ton), while the price for Turkey ($1,243 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Uncooked Pasta Price in Singapore (FOB) - 2022

In September 2022, the average uncooked pasta export price amounted to $2,823 per ton, which is down by -8.1% against the previous month. Over the period under review, export price indicated temperate growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, uncooked pasta export price increased by +2.7% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 24% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,071 per ton in August 2022, and then contracted in the following month.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the United States ($4,688 per ton), while the average price for exports to Bangladesh ($683 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports in Singapore

Uncooked pasta imports into Singapore amounted to 24K tons in 2022, surging by 3.2% on 2021. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, imports reached the peak of 25K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, uncooked pasta imports expanded slightly to $42M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Uncooked Pasta in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.58.67.98.810.6%
China5.76.56.36.33.4%
Malaysia4.74.44.85.87.3%
Vietnam3.43.13.14.16.4%
Japan2.93.34.43.89.4%
Thailand3.13.42.93.0-1.1%
Australia2.93.42.92.6-3.6%
South Korea1.42.52.32.521.3%
Taiwan (Chinese)0.60.91.61.535.7%
Hong Kong SAR2.22.02.01.2-18.3%
Turkey0.30.30.30.626.0%
Indonesia0.80.40.50.5-14.5%
Others1.82.01.71.80.0%
Total36.240.840.842.45.4%

Top Suppliers of Uncooked Pasta to Singapore in 2022:

  1. Italy (5.3K tons)
  2. Malaysia (3.9K tons)
  3. Vietnam (3.9K tons)
  4. China (3.4K tons)
  5. Australia (1.5K tons)
  6. Thailand (1.3K tons)
  7. Japan (1.1K tons)
  8. South Korea (1.1K tons)
  9. Turkey (0.7K tons)
  10. Taiwan (Chinese) (0.5K tons)
  11. Indonesia (0.4K tons)
  12. Hong Kong SAR (0.4K tons)

Uncooked Pasta Exports in Singapore

In 2022, approx. 2.3K tons of uncooked pasta were exported from Singapore; waning by -2.3% against 2021. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8% against the previous year.

In value terms, uncooked pasta exports expanded remarkably to $4.7M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Uncooked Pasta in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia51859150072311.8%
Brunei Darussalam5094824545301.4%
Malaysia658358426519-7.6%
Netherlands4455124655054.3%
Hong Kong SAR22629919230510.5%
United Arab Emirates10476.189.130142.5%
United Kingdom2523066062894.7%
Japan95.338.911319827.6%
United States73.237.025619739.1%
Indonesia214113273141-13.0%
Sweden10250.01411339.2%
Niger224N/AN/AN/A0%
Others7797007058292.1%
Total4,1993,5644,2214,6693.6%

Top Export Markets for Uncooked Pasta from Singapore in 2022:

  1. Malaysia (340.4 tons)
  2. Netherlands (326.7 tons)
  3. Australia (313.6 tons)
  4. Brunei Darussalam (258.2 tons)
  5. Hong Kong SAR (173.5 tons)
  6. United Kingdom (166.3 tons)
  7. United Arab Emirates (138.3 tons)
  8. Sweden (68.9 tons)
  9. United States (62.9 tons)
  10. Japan (62.8 tons)
  11. Indonesia (32.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the uncooked pasta market in Singapore. 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 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
  • Prodcom 10731150 - Uncooked pasta (excluding containing eggs, stuffed or otherwise prepared)

Country coverage:

  • Singapore

Data coverage:

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