Philippines - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncooked Pasta Price in the Philippines - 2023
Contents:
- Uncooked Pasta Price in the Philippines (CIF) - 2023
- Uncooked Pasta Price in the Philippines (FOB) - 2023
- Uncooked Pasta Imports in the Philippines
- Uncooked Pasta Exports in the Philippines
Uncooked Pasta Price in the Philippines (CIF) - 2023
In June 2023, the average uncooked pasta import price amounted to $953 per ton, picking up by 1.6% against the previous month. Over the period from July 2022 to June 2023, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7.8% month-to-month. Over the period under review, average import prices attained the maximum in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Australia ($1,314 per ton), while the price for the United Arab Emirates ($777 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Uncooked Pasta Price in the Philippines (FOB) - 2023
The average uncooked pasta export price stood at $2,347 per ton in June 2023, increasing by 4.5% against the previous month. Over the period from July 2022 to June 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in January 2023 when the average export price increased by 16% m-o-m. Over the period under review, the average export prices hit record highs in June 2023.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Saudi Arabia ($3,374 per ton), while the average price for exports to Brunei Darussalam ($1,525 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guam (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Uncooked Pasta Imports in the Philippines
In 2022, overseas purchases of uncooked pasta decreased by -2.6% to 48K 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 +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 31%. As a result, imports attained the peak of 52K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, uncooked pasta imports stood at $42M in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Uncooked Pasta in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.7 | 3.4 | 6.9 | 11.0 | 59.7% |
| Indonesia | 5.2 | 8.3 | 8.8 | 10.6 | 26.8% |
| China | 9.3 | 8.8 | 7.0 | 6.0 | -13.6% |
| Turkey | 3.8 | 9.8 | 7.4 | 4.0 | 1.7% |
| Australia | 3.4 | 2.6 | 3.6 | 3.1 | -3.0% |
| Italy | 2.1 | 1.6 | 1.6 | 2.7 | 8.7% |
| Thailand | 0.9 | 0.8 | 1.0 | 1.4 | 15.9% |
| Others | 3.1 | 4.5 | 3.2 | 2.8 | -3.3% |
| Total | 30.4 | 39.8 | 39.5 | 41.6 | 11.0% |
Top Suppliers of Uncooked Pasta to the Philippines in 2022:
- United Arab Emirates (14.0K tons)
- Indonesia (11.6K tons)
- China (8.8K tons)
- Turkey (4.9K tons)
- Italy (3.0K tons)
- Australia (2.2K tons)
- Thailand (1.2K tons)
Uncooked Pasta Exports in the Philippines
For the fourth year in a row, the Philippines recorded growth in shipments abroad of uncooked pasta, which increased by 36% to 15K tons in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, uncooked pasta exports surged to $27M in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Uncooked Pasta in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 5.9 | 6.1 | 9.1 | 48.1% |
| Canada | 0.9 | 1.8 | 1.9 | 3.8 | 61.6% |
| United Arab Emirates | 3.3 | 2.7 | 3.0 | 3.5 | 2.0% |
| Saudi Arabia | 1.1 | 1.9 | 1.8 | 2.8 | 36.5% |
| Qatar | 0.2 | 0.3 | 0.8 | 1.4 | 91.3% |
| Australia | 0.2 | 0.7 | 0.7 | 1.1 | 76.5% |
| Kuwait | 0.6 | 0.5 | 0.4 | 0.7 | 5.3% |
| United Kingdom | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Hong Kong SAR | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Others | 2.1 | 3.1 | 3.7 | 3.9 | 22.9% |
| Total | 11.5 | 17.2 | 19.0 | 27.2 | 33.2% |
Top Export Markets for Uncooked Pasta from the Philippines in 2022:
- United States (5.4K tons)
- Canada (2.2K tons)
- United Arab Emirates (1.9K tons)
- Saudi Arabia (1.3K tons)
- Qatar (0.6K tons)
- Kuwait (0.6K tons)
- Australia (0.5K tons)
- Hong Kong SAR (0.4K tons)
- United Kingdom (0.3K tons)
This report provides an in-depth analysis of the uncooked pasta market 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 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
- 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...
467
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.
1103
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...
467
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.
