Spain - Uncooked Pasta (Containing Eggs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncooked Pasta Prices in Spain Soar to $4,043 per Ton
Spain Uncooked Pasta Import Price in November 2022
In November 2022, the uncooked pasta price stood at $4,043 per ton (CIF, Spain), with an increase of 24% against the previous month. Over the last ten months, it increased at an average monthly rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was Germany ($31,395 per ton), while the price for the Netherlands ($2,803 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Spain Uncooked Pasta Imports
In November 2022, approximately 532 tons of uncooked pasta (containing eggs) were imported into Spain; shrinking by -22.4% on the previous month's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 35% against the previous month. Imports peaked at 707 tons in July 2022; however, from August 2022 to November 2022, imports remained at a lower figure.
In value terms, uncooked pasta imports fell to $2.2M (IndexBox estimates) in November 2022. The total import value increased at an average monthly rate of +1.7% over the period from January 2022 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 when imports increased by 26% against the previous month. Over the period under review, imports hit record highs at 2.4K tons in August 2022; however, from September 2022 to November 2022, imports remained at a lower figure.
Spain Uncooked Pasta Imports by Country
In November 2022, Italy (440 tons) constituted the largest uncooked pasta supplier to Spain, with a 83% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, France (43 tons), tenfold. The third position in this ranking was taken by Belgium (21 tons), with a 3.9% share.
From January 2022 to November 2022, the average monthly growth rate of volume from Italy amounted to +1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+20.2% per month) and Belgium (-6.3% per month).
In value terms, Italy ($1.7M) constituted the largest supplier of uncooked pasta to Spain, comprising 81% of total imports. The second position in the ranking was taken by France ($149K), with a 6.9% share of total imports. It was followed by Belgium, with a 4.5% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of value from Italy amounted to +3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+19.6% per month) and Belgium (-2.3% per month).
Why Are Prices Rising? Understanding the Factors Behind Increasing Costs
Pasta has always been a staple in many households, but the recent increase in uncooked pasta prices in Spain has left many consumers shocked. The price per ton of uncooked pasta in Spain has surged to $4,043, a dramatic increase from previous years.
The reason for this sudden increase in prices can be attributed to several factors. One of the primary reasons is the shortage of wheat, which is a key ingredient in making pasta. The wheat production in Spain has been impacted by unfavorable weather conditions, leading to a decrease in supply. This, in turn, has resulted in higher prices of wheat, thereby driving up the price of uncooked pasta.
Another factor contributing to the increase in uncooked pasta prices is the rise in demand. As the pandemic forced people to stay at home, there has been a surge in demand for packaged foods like pasta, which has resulted in higher prices.
Furthermore, the transportation costs of raw materials and finished goods have also increased significantly. This is due to the disruption of supply chains caused by the pandemic. As a result, the transportation costs of importing wheat and exporting uncooked pasta have increased, which has contributed to the rise in prices.
The surge in uncooked pasta prices in Spain has affected both consumers and businesses. Consumers are finding it hard to justify spending such a high amount on a basic commodity like pasta, which has led to a decline in demand. Businesses that rely on pasta as a key ingredient in their products are also feeling the pinch, as the increase in prices has impacted their profit margins.
This report provides an in-depth analysis of the uncooked pasta market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
