New Zealand: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in New Zealand

The New Zealand uncooked pasta market rose markedly to $X in 2021, with an increase of 8.2% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.8% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Uncooked Pasta Production in New Zealand

In value terms, uncooked pasta production expanded sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 -7.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Uncooked Pasta Exports

Exports from New Zealand

In 2021, after four years of decline, there was significant growth in overseas shipments of uncooked pasta (containing eggs), when their volume increased by 65% to X tons. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, uncooked pasta exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Samoa (X tons), Cook Islands (X tons) and Tonga (X tons) were the main destinations of uncooked pasta exports from New Zealand, with a combined 90% share of total exports. These countries were followed by Fiji, Niue and Vanuatu, which together accounted for a further 7.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vanuatu (with a CAGR of +76.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for uncooked pasta exported from New Zealand were Cook Islands ($X), Tonga ($X) and Samoa ($X), with a combined 85% share of total exports. These countries were followed by Fiji, Vanuatu and Niue, which together accounted for a further 8.4%.

Vanuatu, with a CAGR of +63.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average uncooked pasta export price stood at $X per ton in 2021, surging by 4.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Fiji ($X per ton), while the average price for exports to Samoa ($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 Fiji (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into New Zealand

After two years of growth, supplies from abroad of uncooked pasta (containing eggs) decreased by -6.7% to X tons in 2021. Over the period under review, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta imports expanded slightly to $X in 2021. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 99%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of uncooked pasta to New Zealand, with a 75% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The Philippines (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.4% per year) and the Philippines (-31.7% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta (containing eggs) to New Zealand, comprising 89% of total imports. The second position in the ranking was taken by China ($X), with a 7.2% share of total imports. It was followed by the Philippines, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.4% per year) and the Philippines (-30.9% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, growing by 10% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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