Brazil: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Brazil

The Brazilian uncooked pasta market was estimated at $X in 2021, stabilizing at the previous year. Overall, consumption saw a noticeable slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Uncooked Pasta Production in Brazil

In value terms, uncooked pasta production declined slightly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 0.3% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Uncooked Pasta Exports

Exports from Brazil

Uncooked pasta exports from Brazil declined remarkably to X tons in 2021, dropping by -44.8% compared with 2020. Over the period under review, exports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2020 with an increase of 297% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, uncooked pasta exports shrank markedly to $X in 2021. Overall, exports recorded a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 274% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons) was the main destination for uncooked pasta exports from Brazil, with a 76% share of total exports. Moreover, uncooked pasta exports to Venezuela exceeded the volume sent to the second major destination, the United States (X tons), eightfold. The third position in this ranking was taken by Uruguay (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Venezuela amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.3% per year) and Uruguay (+78.8% per year).

In value terms, Venezuela ($X) emerged as the key foreign market for uncooked pasta exports from Brazil, comprising 67% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by Uruguay, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.4% per year) and Uruguay (+54.5% per year).

Export Prices by Country

The average uncooked pasta export price stood at $X per ton in 2021, falling by -9.9% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 67%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Uruguay ($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 Bolivia (-0.4%), while the prices for the other major destinations experienced a decline.

Uncooked Pasta Imports

Imports into Brazil

In 2021, overseas purchases of uncooked pasta decreased by -4% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, uncooked pasta imports expanded modestly to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest uncooked pasta supplier to Brazil, accounting for a 89% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.6% per year) and Uruguay (-22.9% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta to Brazil, comprising 88% of total imports. The second position in the ranking was held by China ($X), with a 4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.4% per year) and Uruguay (-20.9% per year).

Import Prices by Country

In 2021, the average uncooked pasta import price amounted to $X per ton, surging by 6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 8.1% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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