India: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in India

After five years of growth, the Indian uncooked pasta market decreased by -0.6% to $X in 2021. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Uncooked pasta consumption peaked at $X in 2020, and then dropped modestly in the following year.

Uncooked Pasta Production in India

In value terms, uncooked pasta production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13%. Uncooked pasta production peaked at $X in 2020, and then contracted modestly in the following year.

Uncooked Pasta Exports

Exports from India

In 2021, after three years of growth, there was significant decline in overseas shipments of uncooked pasta, when their volume decreased by -29.6% to X tons. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, uncooked pasta exports declined sharply to $X in 2021. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 73%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

The United Arab Emirates (X tons), the United States (X tons) and Australia (X tons) were the main destinations of uncooked pasta exports from India, together comprising 61% of total exports. These countries were followed by Canada, Bhutan, Singapore, Saudi Arabia, Trinidad and Tobago, Nepal, Oman, the UK and New Zealand, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago (with a CAGR of +40.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncooked pasta exported from India were the United States ($X), the United Arab Emirates ($X) and Australia ($X), with a combined 64% share of total exports. These countries were followed by Canada, Singapore, Bhutan, Saudi Arabia, Oman, Nepal, the UK, Trinidad and Tobago and New Zealand, which together accounted for a further 25%.

Among the main countries of destination, Trinidad and Tobago, with a CAGR of +37.0%, recorded 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 uncooked pasta export price amounted to $X per ton, reducing by -13.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2014 an increase of 30%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Trinidad and Tobago ($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 States (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into India

In 2021, approx. X tons of uncooked pasta were imported into India; declining by -14.2% compared with 2020. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2014 when imports increased by 141% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta imports amounted to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 144%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest uncooked pasta supplier to India, with a 61% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, Bangladesh (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+73.8% per year) and Thailand (+13.7% per year).

In value terms, the largest uncooked pasta suppliers to India were Italy ($X), Bangladesh ($X) and Thailand ($X), together accounting for 90% of total imports.

Bangladesh, with a CAGR of +83.8%, recorded the highest growth rate of the value of imports, among the main suppliers 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 uncooked pasta import price amounted to $X per ton, picking up by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Bangladesh ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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