United Kingdom: Pasta And Couscous Market 2023

Pasta And Couscous Market Size in the UK

In 2021, the UK pasta and couscous market increased by 21% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pasta And Couscous Production in the UK

In value terms, pasta and couscous production reached $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when the production volume increased by 5.1% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Pasta And Couscous Exports

Exports from the UK

In 2021, approx. X tons of stuffed pasta and couscous were exported from the UK; which is down by -26.1% on the year before. Overall, total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.4% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 50% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, pasta and couscous exports declined sharply to $X in 2021. In general, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -31.2% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of pasta and couscous exports from the UK, together comprising 76% of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +78.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) remains the key foreign market for pasta and couscous exports from the UK, comprising 35% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Ireland totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+19.5% per year) and the United States (+59.4% per year).

Export Prices by Country

In 2021, the average pasta and couscous export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 29%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into the UK

In 2021, overseas purchases of stuffed pasta and couscous decreased by -3.9% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 35%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, pasta and couscous imports soared to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.8% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest pasta and couscous supplier to the UK, accounting for a 55% share of total imports. Moreover, pasta and couscous imports from Italy exceeded the figures recorded by the second-largest supplier, Ireland (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+30.0% per year) and China (-1.1% per year).

In value terms, the largest pasta and couscous suppliers to the UK were Italy ($X), Ireland ($X) and Germany ($X), together accounting for 67% of total imports.

In terms of the main suppliers, Ireland, with a CAGR of +27.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pasta and couscous import price amounted to $X per ton, jumping by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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