Southern Asia: Pasta Products Market 2024

Pasta Products Market Size in Southern Asia

The South Asian pasta products market amounted to $X in 2022, approximately equating the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Pasta Products Production in Southern Asia

In value terms, pasta products production rose to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pasta Products Exports

Exports in Southern Asia

In 2022, approx. X tons of dried, undried and frozen pasta and pasta products were exported in Southern Asia; growing by X% against 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pasta products exports skyrocketed to $X in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan (X tons) and India (X tons) represented roughly X% of total exports in 2022. Nepal (X tons) held the next position in the ranking, followed by Bangladesh (X tons). All these countries together took near X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the largest pasta products supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a pronounced reduction. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Pasta Products Imports

Imports in Southern Asia

After six years of growth, purchases abroad of dried, undried and frozen pasta and pasta products decreased by X% to X tons in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, pasta products imports expanded significantly to $X in 2022. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

India dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. Bhutan (X tons) ranks second in terms of the total imports with a X% share, followed by Bangladesh (X%), Maldives (X%), Afghanistan (X%) and Pakistan (X%). Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pasta products imports into India stood at X%. At the same time, Bhutan (X%), Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. By contrast, Maldives (X%) and Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Bhutan, Bangladesh and Pakistan increased by X, X, X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported dried, undried and frozen pasta and pasta products in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bhutan ($X), with an X% share of total imports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. In the other countries, the average annual rates were as follows: Bhutan (X% per year) and Maldives (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta products import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bhutan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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