Asia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Asia

In 2021, after nine years of growth, there was decline in the Asian uncooked pasta market, when its value decreased by -3.2% to $X. The market value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined in the following year.

Uncooked Pasta Production in Asia

In value terms, uncooked pasta production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 15%. The level of production peaked at $X in 2020, and then contracted modestly in the following year.

Uncooked Pasta Exports

Exports in Asia

In 2021, the amount of uncooked pasta exported in Asia skyrocketed to X tons, with an increase of 61% on the previous year's figure. Overall, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, uncooked pasta exports soared to $X in 2021. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, recording X tons, which was near 83% of total exports in 2021. Saudi Arabia (X tons), Thailand (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the uncooked pasta exports, with a CAGR of +21.5% from 2012 to 2021. At the same time, Saudi Arabia (+3.9%), Thailand (+3.3%) and the United Arab Emirates (+1.4%) displayed positive paces of growth. While the share of Turkey (+32 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-3.5 p.p.), Thailand (-4.8 p.p.) and Saudi Arabia (-4.9 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest uncooked pasta supplier in Asia, comprising 63% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 8.8% share of total exports. It was followed by Thailand, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value in Turkey totaled +18.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+6.3% per year) and Thailand (+3.3% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, waning by -8.2% against the previous year. Overall, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 5.3% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.3%), while the other leaders experienced a decline in the export price figures.

Uncooked Pasta Imports

Imports in Asia

After nine years of growth, overseas purchases of uncooked pasta decreased by -6.2% to X tons in 2021. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 17%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, uncooked pasta imports reached $X in 2021. The total import value increased at an average annual rate of +4.3% 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 2020 with an increase of 20% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

In 2021, Japan (X tons), South Korea (X tons) and Iraq (X tons) represented the key importer of uncooked pasta in Asia, committing 38% of total import. It was distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons), China (X tons), Hong Kong SAR (X tons) and the Philippines (X tons), together making up a 26% share of total imports. Yemen (X tons), Kuwait (X tons), Oman (X tons), Israel (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +28.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest uncooked pasta importing markets in Asia were Japan ($X), South Korea ($X) and Iraq ($X), with a combined 41% share of total imports.

Among the main importing countries, Iraq, with a CAGR of +33.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, rising by 7.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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