United Kingdom: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in the UK

After four years of growth, the UK uncooked pasta market decreased by -14% to $X in 2021. Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then fell in the following year.

Uncooked Pasta Production in the UK

In value terms, uncooked pasta production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 95% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined slightly in the following year.

Uncooked Pasta Exports

Exports from the UK

In 2021, shipments abroad of uncooked pasta increased by 0.9% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, uncooked pasta exports shrank to $X in 2021. The total export value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 18% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for uncooked pasta exports from the UK, accounting for a 53% share of total exports. Moreover, uncooked pasta exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. The third position in this ranking was taken by France (X tons), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+32.3% per year) and France (+13.2% per year).

In value terms, Ireland ($X) remains the key foreign market for uncooked pasta exports from the UK, comprising 48% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 6.5% share of total exports. It was followed by France, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Ireland totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+28.4% per year) and France (+8.8% per year).

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, declining by -9% against the previous year. Over the period under review, the export price showed a mild reduction. The growth pace was the most rapid in 2017 when the average export price increased by 24% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Italy ($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 South Korea (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into the UK

After three years of growth, supplies from abroad of uncooked pasta decreased by -23.6% to X tons in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank significantly in the following year.

In value terms, uncooked pasta imports contracted to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of uncooked pasta to the UK, accounting for a 70% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by Greece (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.2% per year) and Greece (+18.8% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta to the UK, comprising 69% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports. It was followed by Greece, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.9% per year) and Greece (+17.1% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. 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 2021, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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