Bangladesh: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Bangladesh

The Bangladeshi uncooked pasta market rose significantly to $X in 2021, with an increase of 10% against the previous year. Over the period under review, consumption recorded a temperate expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Uncooked Pasta Production in Bangladesh

In value terms, uncooked pasta production expanded sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible expansion. The growth pace was the most rapid in 2015 with an increase of 70%. Uncooked pasta production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Uncooked Pasta Exports

Exports from Bangladesh

In 2021, approx. X tons of uncooked pasta (containing eggs) were exported from Bangladesh; dropping by -44.1% against the year before. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 422% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, uncooked pasta exports fell rapidly to $X in 2021. Overall, exports recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 536% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Malaysia (X tons) and Cyprus (X tons) were the main destinations of uncooked pasta exports from Bangladesh, with a combined 70% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +25.6%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Cyprus ($X) and Malaysia ($X) appeared to be the largest markets for uncooked pasta exported from Bangladesh worldwide, together comprising 65% of total exports.

Among the main countries of destination, Cyprus, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, which is down by -9.8% against the previous year. In general, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 27% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cyprus ($X per ton), while the average price for exports to Malaysia ($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 Cyprus (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Uncooked Pasta Imports

Imports into Bangladesh

After two years of growth, supplies from abroad of uncooked pasta (containing eggs) decreased by -12.4% to X tons in 2021. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 178%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 253%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of uncooked pasta to Bangladesh, accounting for a 43% share of total imports. Moreover, uncooked pasta imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Singapore (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-1.8% per year) and Italy (-5.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of uncooked pasta (containing eggs) to Bangladesh, comprising 68% of total imports. The second position in the ranking was held by Singapore ($X), with a 12% share of total imports. It was followed by Italy, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +55.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+1.4% per year) and Italy (+5.0% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, jumping by 66% against the previous year. Over the period under review, the import price saw significant growth. The most prominent rate of growth was recorded in 2013 an increase of 140%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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