Asia: Uncooked Pasta Market 2023

Uncooked Pasta Market Size in Asia

In 2021, the Asian uncooked pasta market decreased by less than 0.1% to $X, falling for the second year in a row after four years of growth. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Uncooked Pasta Production in Asia

In value terms, uncooked pasta production amounted to $X in 2021 estimated in export price. The total output 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. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Uncooked Pasta Exports

Exports in Asia

In 2021, the amount of uncooked pasta (containing eggs) exported in Asia amounted to X tons, approximately reflecting the year before. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 32%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, uncooked pasta exports rose markedly to $X in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 23% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) and Kuwait (X tons) were the key exporters of uncooked pasta (containing eggs) in 2021, finishing at approx. 38% and 26% of total exports, respectively. The United Arab Emirates (X tons) took a 6.9% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (5.6%) and Thailand (5.2%). The following exporters - Malaysia (X tons) and Turkey (X tons) - together made up 6.6% of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +32.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the largest uncooked pasta supplier in Asia, comprising 45% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 16% share of total exports. It was followed by Thailand, with an 8% share.

In Saudi Arabia, uncooked pasta exports expanded at an average annual rate of +2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kuwait (+6.9% per year) and Thailand (-9.0% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, surging by 7.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.6%), while the other leaders experienced more modest paces of growth.

Uncooked Pasta Imports

Imports in Asia

In 2021, overseas purchases of uncooked pasta (containing eggs) decreased by -7.5% to X tons, falling for the second year in a row after three years of growth. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when imports increased by 24% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, uncooked pasta imports reached $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 19%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Yemen (X tons) and Saudi Arabia (X tons) were the main importers of uncooked pasta (containing eggs) in Asia, together constituting 57% of total imports. Qatar (X tons) took the next position in the ranking, followed by Hong Kong SAR (X tons). All these countries together held near 14% share of total imports. Thailand (X tons), Kazakhstan (X tons), Iraq (X tons), Singapore (X tons), South Korea (X tons), the United Arab Emirates (X tons), Bahrain (X tons) and the Philippines (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +26.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest uncooked pasta importing markets in Asia were Yemen ($X), Saudi Arabia ($X) and Qatar ($X), with a combined 58% share of total imports.

Yemen, with a CAGR of +29.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 stood at $X per ton in 2021, picking up by 9.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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