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

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

The Australian market for uncooked pasta (not containing eggs) declined remarkably to $X in 2021, which is down by -23.5% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Uncooked pasta (not containing eggs) consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in Australia

In value terms, uncooked pasta (not containing eggs) production dropped sharply to $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% 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 +37.9% against 2019 indices. The growth pace was the most rapid in 2020 when the production volume increased by 76%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Australia

In 2019, approx. X tons of uncooked pasta (not containing eggs) were exported from Australia; approximately reflecting 2018. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, uncooked pasta (not containing eggs) exports stood at $X in 2019. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2018. The exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X tons), the Philippines (X tons) and New Zealand (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Australia, with a combined 58% share of total exports. Singapore, Indonesia, the United States, Sri Lanka and Thailand lagged somewhat behind, together accounting for a further 33%.

From 2017 to 2019, the biggest increases were recorded for Indonesia (with a CAGR of +123.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncooked pasta (not containing eggs) exported from Australia were Malaysia ($X), the United States ($X) and Singapore ($X), with a combined 52% share of total exports.

Singapore, with a CAGR of +155.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average export price for uncooked pasta (not containing eggs) amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the peak figure in 2019 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2017 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Australia

In 2021, after two years of growth, there was significant decline in supplies from abroad of uncooked pasta (not containing eggs), when their volume decreased by -24.6% to X tons. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, uncooked pasta (not containing eggs) imports reduced markedly to $X in 2021. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of uncooked pasta (not containing eggs) to Australia, accounting for a 60% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by Thailand (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.0% per year) and Thailand (-1.9% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta (not containing eggs) to Australia, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Thailand, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.8% per year) and Thailand (-3.6% per year).

Import Prices by Country

In 2021, the average import price for uncooked pasta (not containing eggs) amounted to $X per ton, rising by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 an increase of 24%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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