Portugal: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Portugal

The Portuguese uncooked pasta market skyrocketed to $X in 2021, rising by 44% against the previous year. Over the period under review, consumption enjoyed slight growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Uncooked Pasta Production in Portugal

In value terms, uncooked pasta production surged to $X in 2021 estimated in export price. Overall, production, however, showed a deep setback. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Uncooked Pasta Exports

Exports from Portugal

In 2021, the amount of uncooked pasta (containing eggs) exported from Portugal skyrocketed to X tons, surging by 27% on 2020 figures. Overall, exports enjoyed buoyant growth. The growth pace was the most rapid in 2018 when exports increased by 102%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, uncooked pasta exports skyrocketed to $X in 2021. In general, exports continue to indicate a measured increase. The pace of growth was the most pronounced in 2018 when exports increased by 59%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X tons), Spain (X tons) and Mozambique (X tons) were the main destinations of uncooked pasta exports from Portugal, together accounting for 51% of total exports. These countries were followed by Angola, Canada, Equatorial Guinea and Cabo Verde, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Equatorial Guinea (with a CAGR of +134.2%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Angola ($X) constituted the largest markets for uncooked pasta exported from Portugal worldwide, with a combined 55% share of total exports. Mozambique, Cabo Verde, Equatorial Guinea and Canada lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, Equatorial Guinea, with a CAGR of +117.6%, recorded the highest growth rate of 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

The average uncooked pasta export price stood at $X per ton in 2021, with an increase of 9.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 63%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Canada ($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 Canada (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Portugal

In 2021, supplies from abroad of uncooked pasta (containing eggs) increased by 27% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports saw a slight increase. The growth pace was the most rapid in 2014 when imports increased by 271%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, uncooked pasta imports skyrocketed to $X in 2021. Over the period under review, imports recorded noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of 166% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), Spain (X tons) and France (X tons) were the main suppliers of uncooked pasta imports to Portugal, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +9.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Spain ($X) and France ($X) appeared to be the largest uncooked pasta suppliers to Portugal, with a combined 94% share of total imports.

Italy, with a CAGR of +8.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average uncooked pasta import price amounted to $X per ton, jumping by 16% against the previous year. Over the period under review, the import price recorded mild growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Belgium ($X per ton) and Italy ($X per ton), while the price for Spain ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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