Global Pasta And Couscous Market 2024

Pasta And Couscous Market Size

The global pasta and couscous market amounted to $X in 2022, surging by 1.8% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.6% against 2020 indices. Over the period under review, the global market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pasta And Couscous Production

In value terms, pasta and couscous production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 17% against the previous year. Over the period under review, global production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pasta And Couscous Exports

Exports

After five years of growth, shipments abroad of stuffed pasta and couscous decreased by -0.8% to X tons in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +53.6% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by 15% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, pasta and couscous exports expanded modestly to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +77.8% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. The global exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X tons), distantly followed by Italy (X tons), South Korea (X tons), Indonesia (X tons) and Thailand (X tons) were the main exporters of stuffed pasta and couscous, together committing 50% of total exports. Vietnam (X tons), the United States (X tons), Turkey (X tons), Germany (X tons), Russia (X tons), the Netherlands (X tons), Belgium (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by South Korea (with a CAGR of +14.5%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and South Korea ($X) were the countries with the highest levels of exports in 2022, together accounting for 41% of global exports. Thailand, Indonesia, Vietnam, the Netherlands, the United States, Germany, Belgium, France, Turkey and Russia lagged somewhat behind, together accounting for a further 32%.

Vietnam, with a CAGR of +15.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pasta and couscous export price amounted to $X per ton, increasing by 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2016 an increase of 7.3%. The global export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.5%), while the other global leaders experienced more modest paces of growth.

Pasta And Couscous Imports

Imports

For the eleventh consecutive year, the global market recorded growth in purchases abroad of stuffed pasta and couscous, which increased by 6.2% to X tons in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +64.6% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pasta and couscous imports expanded sharply to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +72.1% against 2014 indices. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of pasta and couscous imports in 2022 were Malaysia (X tons), Germany (X tons), the UK (X tons), France (X tons), the United States (X tons), the Netherlands (X tons), Hong Kong SAR (X tons), Canada (X tons), China (X tons), Australia (X tons), Belgium (X tons) and Spain (X tons), together amounting to 57% of total import. Togo (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +14.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for 24% of global imports. France, the Netherlands, Canada, China, Australia, Hong Kong SAR, Spain, Malaysia, Belgium and Togo lagged somewhat behind, together comprising a further 38%.

In terms of the main importing countries, China, with a CAGR of +19.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pasta and couscous import price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 10%. Global import price peaked in 2022 and is likely to continue growth in the near future.

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 United States ($X per ton), while Togo ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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