Australia and Oceania: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Australia and Oceania

The market for uncooked pasta (not containing eggs) in Australia and Oceania shrank significantly to $X in 2021, declining by -19.9% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in Australia and Oceania

In value terms, uncooked pasta (not containing eggs) production dropped rapidly to $X in 2021 estimated in export price. The total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +28.0% against 2019 indices. The growth pace was the most rapid in 2020 when the production volume increased by 56%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports in Australia and Oceania

In 2021, approx. X tons of uncooked pasta (not containing eggs) were exported in Australia and Oceania; jumping by 26% on 2020. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 4,652% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. Over the period under review, exports saw pronounced growth. The most prominent rate of growth was recorded in 2019 with an increase of 3,630% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand prevails in exports structure, resulting at X tons, which was approx. 80% of total exports in 2021. American Samoa (X tons) held a 7.2% share (based on physical terms) of total exports, which put it in second place, followed by Guam (4.7%). New Caledonia (X tons) and Samoa (X tons) followed a long way behind the leaders.

Exports from New Zealand increased at an average annual rate of +7.3% from 2012 to 2021. At the same time, American Samoa (+61.9%) and Samoa (+41.2%) displayed positive paces of growth. Moreover, American Samoa emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +61.9% from 2012-2021. By contrast, Guam (-8.1%) and New Caledonia (-22.9%) illustrated a downward trend over the same period. While the share of New Zealand (+37 p.p.), American Samoa (+7.1 p.p.) and Samoa (+3.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Guam (-5.6 p.p.) and New Caledonia (-40.9 p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest uncooked pasta (not containing eggs) supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was taken by Guam ($X), with a 4.7% share of total exports. It was followed by Samoa, with a 4.2% share.

In New Zealand, uncooked pasta (not containing eggs) exports expanded at an average annual rate of +7.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Guam (-3.5% per year) and Samoa (+52.2% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, picking up by 5.5% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, uncooked pasta (not containing eggs) export price increased by +107.7% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 69% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Samoa ($X per ton), while American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Samoa (+7.8%), while the other leaders experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports in Australia and Oceania

In 2021, after two years of growth, there was significant decline in purchases abroad of uncooked pasta (not containing eggs), when their volume decreased by -20.6% to X tons. Overall, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta (not containing eggs) imports dropped to $X in 2021. In general, imports recorded a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia was the largest importing country with an import of around X tons, which recorded 70% of total imports. It was distantly followed by New Zealand (X tons), committing a 14% share of total imports. The following importers - Papua New Guinea (X tons) and Vanuatu (X tons) - each resulted at a 7.5% share of total imports.

Imports into Australia decreased at an average annual rate of -3.6% from 2012 to 2021. At the same time, Papua New Guinea (+23.9%), Vanuatu (+6.8%) and New Zealand (+2.4%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +23.9% from 2012-2021. While the share of New Zealand (+4.8 p.p.), Papua New Guinea (+3.5 p.p.) and Vanuatu (+2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-8.2 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported uncooked pasta (not containing eggs) in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 12% share of total imports. It was followed by Papua New Guinea, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to -2.2%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+2.5% per year) and Papua New Guinea (+26.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :