Asia-Pacific: Market for Stuffed Pasta and Couscous 2024

Market Size for Stuffed Pasta and Couscous in Asia-Pacific

The Asia-Pacific stuffed pasta and couscous market was estimated at $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Stuffed Pasta and Couscous in Asia-Pacific

In value terms, stuffed pasta and couscous production stood at $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Stuffed Pasta and Couscous

Exports in Asia-Pacific

In 2022, shipments abroad of stuffed pasta and couscous increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, stuffed pasta and couscous exports expanded sharply to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, China (X tons) represented the key exporter of stuffed pasta and couscous, making up X% of total exports. South Korea (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons), Thailand (X tons) and Vietnam (X tons). All these countries together took near X% share of total exports. Malaysia (X tons) and Japan (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Japan (X%), South Korea (X%), Vietnam (X%), Thailand (X%), Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of South Korea (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Imports of Stuffed Pasta and Couscous

Imports in Asia-Pacific

In 2022, imports of stuffed pasta and couscous in Asia-Pacific rose notably to X tons, growing by X% compared with 2021. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, stuffed pasta and couscous imports expanded notably to $X in 2022. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Hong Kong SAR (X tons), China (X tons), Australia (X tons) and Malaysia (X tons) represented the largest importer of stuffed pasta and couscous in Asia-Pacific, committing X% of total import. Japan (X tons) ranks next in terms of the total imports with a X% share, followed by the Philippines (X%). Singapore (X tons), Cambodia (X tons), New Zealand (X tons), Taiwan (Chinese) (X tons), India (X tons), Indonesia (X tons) and Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Australia ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Malaysia, Japan, Singapore, New Zealand, Taiwan (Chinese), Cambodia, Vietnam, the Philippines, Indonesia and India lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, India, with a CAGR of X%, recorded 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

The import price in Asia-Pacific stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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