Australia and Oceania: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Australia and Oceania

The pasta and couscous market in Australia and Oceania skyrocketed to $X in 2022, jumping by 20% against the previous year. Overall, consumption enjoyed a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Pasta And Couscous Production in Australia and Oceania

In value terms, pasta and couscous production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of 260%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pasta And Couscous Exports

Exports in Australia and Oceania

After two years of decline, overseas shipments of stuffed pasta and couscous increased by 50% to X tons in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, pasta and couscous exports surged to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, New Zealand (X tons) was the key exporter of stuffed pasta and couscous, creating 87% of total exports. It was distantly followed by Australia (X tons), constituting a 13% share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of stuffed pasta and couscous. Australia experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest pasta and couscous supplier in Australia and Oceania, comprising 75% of total exports. The second position in the ranking was taken by Australia ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand was relatively modest.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, reducing by -11.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.0%).

Pasta And Couscous Imports

Imports in Australia and Oceania

In 2022, the amount of stuffed pasta and couscous imported in Australia and Oceania expanded rapidly to X tons, increasing by 11% compared with 2021 figures. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 16%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, pasta and couscous imports soared to $X in 2022. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 31%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which recorded 63% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a 19% share, followed by Papua New Guinea (8.8%). Solomon Islands (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the stuffed pasta and couscous imports, with a CAGR of +8.5% from 2012 to 2022. At the same time, Papua New Guinea (+3.8%) and New Zealand (+1.9%) displayed positive paces of growth. By contrast, Solomon Islands (-2.2%) illustrated a downward trend over the same period. Australia (+15 p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea, Solomon Islands and New Zealand saw its share reduced by -1.6%, -3.3% and -8% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported stuffed pasta and couscous in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total imports. It was followed by Papua New Guinea, with a 4.2% share.

In Australia, pasta and couscous imports increased at an average annual rate of +15.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+5.4% per year) and Papua New Guinea (+2.0% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by 10% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta and couscous import price increased by +19.1% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 22%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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