Vietnam - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncooked Pasta Price in Vietnam - 2021
Contents:
- Uncooked Pasta Price in Vietnam (FOB) - 2021
- Uncooked Pasta Price in Vietnam (CIF) - 2022
- Uncooked Pasta Exports in Vietnam
- Uncooked Pasta Imports in Vietnam
Uncooked Pasta Price in Vietnam (FOB) - 2021
In December 2021, the average uncooked pasta export price amounted to $1,208 per ton, leveling off at the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 an increase of 2.2% month-to-month. The export price peaked at $1,321 per ton in December 2020; however, from January 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2021, the countries with the highest prices were South Korea ($1,215 per ton) and the United States ($1,209 per ton), while the average price for exports to Singapore ($1,194 per ton) and Canada ($1,194 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.6%), while the prices for the other major destinations experienced a decline.
Uncooked Pasta Price in Vietnam (CIF) - 2022
In 2022, the average uncooked pasta import price amounted to $1,338 per ton, dropping by -3.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 21%. As a result, import price reached the peak level of $1,572 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($1,596 per ton) and Italy ($1,593 per ton), while the price for Spain ($1,395 per ton) and South Korea ($1,482 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Uncooked Pasta Exports in Vietnam
In 2022, after two years of decline, there was growth in overseas shipments of uncooked pasta, when their volume increased by 1.4% to 38K tons. Overall, exports, however, showed a abrupt descent.
In value terms, uncooked pasta exports stood at $46M in 2022. Over the period under review, exports, however, faced a deep downturn.
| Export of Uncooked Pasta in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.9 | 9.1 | 7.3 | 7.2 | -6.8% |
| Taiwan (Chinese) | 7.4 | 5.4 | 5.0 | 4.9 | -12.8% |
| Germany | 4.5 | 3.2 | 5.0 | 4.9 | 2.9% |
| South Korea | 6.5 | 5.4 | 4.8 | 4.7 | -10.2% |
| Japan | 3.4 | 3.5 | 4.1 | 4.1 | 6.4% |
| Singapore | 5.3 | 2.6 | 2.7 | 2.8 | -19.2% |
| Netherlands | 2.7 | 2.1 | 2.9 | 2.8 | 1.2% |
| United Kingdom | 2.6 | 1.9 | 2.0 | 1.9 | -9.9% |
| Australia | 2.3 | 2.1 | 1.8 | 1.8 | -7.8% |
| Canada | 2.4 | 1.9 | 1.6 | 1.7 | -10.9% |
| Russia | 2.5 | 1.4 | 1.5 | 1.5 | -15.7% |
| Philippines | 1.3 | 1.3 | 0.7 | 0.9 | -11.5% |
| Thailand | 1.6 | 1.2 | 0.2 | 0.8 | -20.6% |
| Others | 13.3 | 5.5 | 6.1 | 6.1 | -22.9% |
| Total | 64.7 | 46.6 | 45.6 | 46.1 | -10.7% |
Top Export Markets for Uncooked Pasta from Vietnam in 2022:
- United States (6.0K tons)
- Taiwan (Chinese) (4.2K tons)
- South Korea (4.0K tons)
- Germany (3.9K tons)
- Japan (3.3K tons)
- Singapore (2.5K tons)
- Netherlands (2.3K tons)
- Australia (1.5K tons)
- United Kingdom (1.5K tons)
- Canada (1.4K tons)
- Russia (1.3K tons)
- Philippines (0.8K tons)
- Thailand (0.7K tons)
Uncooked Pasta Imports in Vietnam
In 2022, purchases abroad of uncooked pasta decreased by -10.3% to 9.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year.
In value terms, uncooked pasta imports shrank to $12M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%.
| Import of Uncooked Pasta in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 3.1 | 4.0 | 3.6 | 6.3% |
| China | 1.4 | 1.3 | 1.5 | 1.3 | -2.4% |
| South Korea | 0.8 | 1.0 | 0.9 | 0.8 | 0.0% |
| Turkey | 0.5 | 0.4 | 0.8 | 0.7 | 11.9% |
| Japan | 0.5 | 0.7 | 0.7 | 0.7 | 11.9% |
| Thailand | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Australia | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Others | 0.5 | 3.2 | 5.4 | 4.5 | 108.0% |
| Total | 7.4 | 10.6 | 14.3 | 12.5 | 19.1% |
Top Suppliers of Uncooked Pasta to Vietnam in 2022:
- Italy (2.3K tons)
- China (0.8K tons)
- South Korea (0.6K tons)
- Turkey (0.5K tons)
- Japan (0.4K tons)
- Thailand (0.3K tons)
- Australia (0.2K tons)
This report provides an in-depth analysis of the uncooked pasta market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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
1032
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...
1642
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...
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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.
1108
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
1032
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...
1642
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...
474
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.
