Europe: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Europe

In 2022, the Europe pasta and couscous market decreased by -2.3% to $X for the first time since 2015, thus ending a six-year rising trend. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the market value increased by 8.6% against the previous year. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Pasta And Couscous Production in Europe

In value terms, pasta and couscous production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 8%. Over the period under review, production attained the peak level at $X in 2021, and then dropped slightly in the following year.

Pasta And Couscous Exports

Exports in Europe

In 2022, shipments abroad of stuffed pasta and couscous decreased by -0.1% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2012 indices. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. The volume of export peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, pasta and couscous exports totaled $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.7% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 14%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Italy (X tons) represented the main exporter of stuffed pasta and couscous, comprising 30% of total exports. Germany (X tons) ranks second in terms of the total exports with an 8.2% share, followed by Russia (7.3%), the Netherlands (7.3%), Belgium (6.6%), France (6.2%) and Austria (5.5%). The following exporters - Hungary (X tons), Poland (X tons), Switzerland (X tons), Lithuania (X tons), Spain (X tons) and Serbia (X tons) - together made up 17% of total exports.

From 2012 to 2022, average annual rates of growth with regard to pasta and couscous exports from Italy stood at +3.8%. At the same time, Lithuania (+21.6%), Serbia (+19.3%), Hungary (+16.0%), Poland (+13.8%), Austria (+13.5%), the Netherlands (+12.2%), Spain (+6.0%), Germany (+5.5%), Russia (+4.1%) and Switzerland (+1.4%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Europe, with a CAGR of +21.6% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, France (-1.5%) illustrated a downward trend over the same period. The Netherlands (+3.6 p.p.), Austria (+3 p.p.), Hungary (+2.6 p.p.), Poland (+2.2 p.p.) and Lithuania (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Italy, Belgium and France saw its share reduced by -3.1%, -4.4% and -5.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest pasta and couscous supplier in Europe, comprising 32% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.5% share of total exports. It was followed by Germany, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value in Italy stood at +5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+13.5% per year) and Germany (+6.1% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, increasing by 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 an increase of 9.7% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+9.0%), while the other leaders experienced more modest paces of growth.

Pasta And Couscous Imports

Imports in Europe

In 2022, overseas purchases of stuffed pasta and couscous decreased by -5.3% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 12%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, pasta and couscous imports totaled $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +82.3% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of pasta and couscous imports in 2022 were Germany (X tons), the UK (X tons), France (X tons), the Netherlands (X tons), Belgium (X tons), Spain (X tons), Poland (X tons), Austria (X tons), Portugal (X tons), Russia (X tons), Sweden (X tons) and the Czech Republic (X tons), together recording 80% of total import.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +11.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 44% share of total imports. The Netherlands, Spain, Belgium, Austria, Poland, Portugal, Sweden, the Czech Republic and Russia lagged somewhat behind, together accounting for a further 35%.

Portugal, with a CAGR of +13.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, picking up by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform