China: Uncooked Pasta Market 2023

Uncooked Pasta Market Size in China

The Chinese uncooked pasta market amounted to $X in 2021, remaining relatively unchanged against the previous year. In general, the total consumption indicated a resilient expansion 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, consumption decreased by -1.1% against 2019 indices. Uncooked pasta consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Uncooked Pasta Production in China

In value terms, uncooked pasta production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.3% against 2019 indices. The growth pace was the most rapid in 2016 when the production volume increased by 49% against the previous year. Uncooked pasta production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Uncooked Pasta Exports

Exports from China

In 2021, overseas shipments of uncooked pasta (containing eggs) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded a measured increase. The growth pace was the most rapid in 2017 with an increase of 66% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncooked pasta exports skyrocketed to $X in 2021. In general, exports saw a moderate expansion. The pace of growth was the most pronounced in 2013 when exports increased by 51%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), Russia (X tons) and Hong Kong SAR (X tons) were the main destinations of uncooked pasta exports from China, with a combined 94% share of total exports. Australia lagged somewhat behind, accounting for a further 2.5%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +107.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for uncooked pasta (containing eggs) exports from China, comprising 57% of total exports. The second position in the ranking was held by Russia ($X), with a 23% share of total exports. It was followed by Hong Kong SAR, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+57.7% per year) and Hong Kong SAR (-7.1% per year).

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, reducing by -8.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Russia ($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 Hong Kong SAR (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Uncooked Pasta Imports

Imports into China

Uncooked pasta imports into China contracted rapidly to X tons in 2021, dropping by -29.9% against the previous year. In general, imports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2016 with an increase of 132%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, uncooked pasta imports dropped to $X in 2021. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of uncooked pasta to China, with a 63% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+32.0% per year) and the United Arab Emirates (+73.1% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta (containing eggs) to China, comprising 68% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 20% share of total imports. It was followed by Japan, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+35.4% per year) and Japan (+21.7% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, surging by 29% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, uncooked pasta import price decreased by -1.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 38%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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