United Kingdom: Pasta Products Market 2024

Pasta Products Market Size in the UK

In 2022, the UK pasta products market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption showed a slight shrinkage. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Pasta Products Production in the UK

In value terms, pasta products production fell slightly to $X in 2022 estimated in export price. In general, production showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pasta Products Exports

Exports from the UK

In 2022, the amount of dried, undried and frozen pasta and pasta products exported from the UK reduced notably to X tons, declining by X% compared with 2021 figures. In general, total exports indicated pronounced growth from 2012 to 2022: its volume 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, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, pasta products exports declined slightly to $X in 2022. Over the period under review, total exports indicated a pronounced 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, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for pasta products exports from the UK, with a X% share of total exports. Moreover, pasta products exports to Ireland exceeded the volume sent to the second major destination, the United States (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, Ireland ($X) remains the key foreign market for dried, undried and frozen pasta and pasta products exports from the UK, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into the UK

In 2022, supplies from abroad of dried, undried and frozen pasta and pasta products decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, pasta products imports dropped sharply to $X in 2022. Over the period under review, imports, however, continue to indicate perceptible growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Italy (X tons), China (X tons) and Lithuania (X tons) were the main suppliers of pasta products imports to the UK, together accounting for X% of total imports. South Korea, Thailand, Hungary, Singapore, Turkey, Vietnam, France, Ireland, Germany and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta products suppliers to the UK were China ($X), Lithuania ($X) and South Korea ($X), together accounting for X% of total imports. Italy, Hungary, Thailand, Singapore, Vietnam, Ireland, France, Germany, Belgium and Turkey lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pasta products import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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