Southern Asia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Southern Asia

The South Asian uncooked pasta market reached $X in 2021, rising by 2% against the previous year. The total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.3% 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 -1.9% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Uncooked Pasta Production in Southern Asia

In value terms, uncooked pasta production expanded to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.3% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 19%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Uncooked Pasta Exports

Exports in Southern Asia

In 2021, shipments abroad of uncooked pasta (containing eggs) decreased by -29.3% to X tons, falling for the third year in a row after five years of growth. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 34%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, uncooked pasta exports fell notably to $X in 2021. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 44%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Pakistan was the main exporter of uncooked pasta (containing eggs) in Southern Asia, with the volume of exports reaching X tons, which was near 55% of total exports in 2021. Bangladesh (X tons) took a 23% share (based on physical terms) of total exports, which put it in second place, followed by India (10%), Sri Lanka (6.1%) and Nepal (5.2%).

From 2012 to 2021, average annual rates of growth with regard to uncooked pasta exports from Pakistan stood at -11.1%. At the same time, India (+8.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +8.0% from 2012-2021. Sri Lanka and Bangladesh experienced a relatively flat trend pattern. By contrast, Nepal (-13.5%) illustrated a downward trend over the same period. Bangladesh (+12 p.p.), India (+7.7 p.p.) and Sri Lanka (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while Nepal and Pakistan saw its share reduced by -3.8% and -19.5% from 2012 to 2021, respectively.

In value terms, Pakistan ($X), India ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 81% of total exports.

India, with a CAGR of +6.1%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, which is down by -22.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+3.4%), while the other leaders experienced a decline in the export price figures.

Uncooked Pasta Imports

Imports in Southern Asia

In 2021, purchases abroad of uncooked pasta (containing eggs) decreased by -51.8% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 70% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, uncooked pasta imports declined markedly to $X in 2021. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 25% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Maldives was the largest importer of uncooked pasta (containing eggs) in Southern Asia, with the volume of imports amounting to X tons, which was approx. 48% of total imports in 2021. It was distantly followed by Afghanistan (X tons), Bangladesh (X tons), Sri Lanka (X tons) and Pakistan (X tons), together achieving a 48% share of total imports. Bhutan (X tons) held a little share of total imports.

Maldives was also the fastest-growing in terms of the uncooked pasta (containing eggs) imports, with a CAGR of +4.5% from 2012 to 2021. Afghanistan (-7.3%), Bangladesh (-7.8%), Sri Lanka (-20.4%), Pakistan (-34.2%) and Bhutan (-39.8%) illustrated a downward trend over the same period. Maldives (+44 p.p.), Afghanistan (+16 p.p.) and Bangladesh (+8.7 p.p.) significantly strengthened its position in terms of the total imports, while Bhutan and Pakistan saw its share reduced by -29.9% and -33.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest uncooked pasta importing markets in Southern Asia were Maldives ($X), Afghanistan ($X) and Bangladesh ($X), together accounting for 86% of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of +11.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, jumping by 16% against the previous year. Import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.8% 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 increased by +70.9% against 2016 indices. The growth pace was the most rapid in 2014 when the import price increased by 19%. Over the period under review, import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+21.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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