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

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

The Hungarian market for uncooked pasta (not containing eggs) soared to $X in 2021, picking up by 92% against the previous year. Overall, consumption saw a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Uncooked Pasta (Not Containing Eggs) in Hungary

In value terms, uncooked pasta (not containing eggs) production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 68%. Over the period under review, production reached the peak level in 2021 and is likely to see steady growth in the near future.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Hungary

In 2021, after three years of growth, there was significant decline in shipments abroad of uncooked pasta (not containing eggs), when their volume decreased by -32% to X tons. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 234%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then shrank dramatically in the following year.

In value terms, uncooked pasta (not containing eggs) exports fell to $X in 2021. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 131%. The exports peaked at $X in 2020, and then shrank in the following year.

Exports by Country

Romania (X tons), the Czech Republic (X tons) and Poland (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Hungary, with a combined 47% share of total exports. Slovakia, Lithuania, Slovenia, Germany, Croatia and Ukraine lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +546.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the Czech Republic ($X) and Slovakia ($X) were the largest markets for uncooked pasta (not containing eggs) exported from Hungary worldwide, with a combined 44% share of total exports. These countries were followed by Poland, Slovenia, Germany, Croatia, Lithuania and Ukraine, which together accounted for a further 39%.

Lithuania, with a CAGR of +431.5%, saw the highest growth rate of the value of exports, in terms of 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

The average export price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, rising by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 Slovenia ($X per ton), while the average price for exports to Lithuania ($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 Czech Republic (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Hungary

In 2021, supplies from abroad of uncooked pasta (not containing eggs) decreased by less than 0.1% to X tons for the first time since 2015, thus ending a five-year rising trend. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.9% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by 14%. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, uncooked pasta (not containing eggs) imports rose notably to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 20%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Italy (X tons) constituted the largest uncooked pasta (not containing eggs) supplier to Hungary, accounting for a 58% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1.2% per year) and Germany (+12.6% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta (not containing eggs) to Hungary, comprising 60% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 14% share of total imports. It was followed by Germany, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1.2% per year) and Germany (+15.9% per year).

Import Prices by Country

In 2021, the average import price for uncooked pasta (not containing eggs) amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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