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

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

The Bangladeshi market for uncooked pasta (not containing eggs) expanded sharply to $X in 2021, with an increase of 7.6% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Uncooked pasta (not containing eggs) consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in Bangladesh

In value terms, uncooked pasta (not containing eggs) production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 11%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Bangladesh

For the third consecutive year, Bangladesh recorded growth in shipments abroad of uncooked pasta (not containing eggs), which increased by 1.5% to X tons in 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 90%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. In general, exports showed significant growth. The growth pace was the most rapid in 2014 when exports increased by 96%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The UK (X tons), Saudi Arabia (X tons) and Malaysia (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Bangladesh, with a combined 45% share of total exports. The United Arab Emirates, India, Nepal, Oman, Cyprus, Qatar, the United States and Singapore lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of +115.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncooked pasta (not containing eggs) exported from Bangladesh were the UK ($X), India ($X) and Saudi Arabia ($X), with a combined 52% share of total exports. The United Arab Emirates, Malaysia, Cyprus, Nepal, the United States, Oman, Qatar and Singapore lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Nepal, with a CAGR of +134.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for uncooked pasta (not containing eggs) amounted to $X per ton, picking up by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($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 the United Arab Emirates (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Bangladesh

In 2021, approx. X tons of uncooked pasta (not containing eggs) were imported into Bangladesh; jumping by 50% compared with 2020 figures. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 172%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, uncooked pasta (not containing eggs) imports surged to $X in 2021. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 407%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

Italy (X tons), Turkey (X tons) and Egypt (X tons) were the main suppliers of uncooked pasta (not containing eggs) imports to Bangladesh, with a combined 48% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +145.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Egypt ($X) and Thailand ($X) appeared to be the largest uncooked pasta (not containing eggs) suppliers to Bangladesh, with a combined 41% share of total imports.

In terms of the main suppliers, Egypt, with a CAGR of +154.6%, recorded 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

In 2021, the average import price for uncooked pasta (not containing eggs) amounted to $X per ton, jumping by 23% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% 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) import price increased by +46.9% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 86%. The import price peaked in 2021 and is likely to see steady growth in years to come.

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 Thailand ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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