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

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

After five years of growth, the Indian market for uncooked pasta (not containing eggs) decreased by -3.9% to $X in 2021. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +93.7% against 2012 indices. Uncooked pasta (not containing eggs) consumption peaked at $X in 2020, and then contracted modestly in the following year.

Production of Uncooked Pasta (Not Containing Eggs) in India

In value terms, uncooked pasta (not containing eggs) production contracted to $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +100.2% against 2012 indices. The pace of growth was the most pronounced in 2014 with an increase of 30% against the previous year. Uncooked pasta (not containing eggs) production peaked at $X in 2020, and then reduced in the following year.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from India

After three years of growth, shipments abroad of uncooked pasta (not containing eggs) decreased by -29.1% to X tons in 2021. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncooked pasta (not containing eggs) exports declined significantly to $X in 2021. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, the exports reached the peak of $X, and then fell sharply 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 (not containing eggs) exports from India, with a combined 62% share of total exports. Canada, Bhutan, Singapore, Saudi Arabia, Trinidad and Tobago, Nepal, Oman, the UK and New Zealand lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Trinidad and Tobago (with a CAGR of +40.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and Australia ($X) constituted the largest markets for uncooked pasta (not containing eggs) exported from India worldwide, with a combined 64% share of total exports. These countries were followed by Canada, Singapore, Bhutan, Saudi Arabia, Nepal, the UK, Oman, Trinidad and Tobago and New Zealand, which together accounted for a further 25%.

Trinidad and Tobago, with a CAGR of +37.0%, recorded the highest rates of growth with regard to 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, reducing by -13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 30% against the previous year. The export price peaked at $X per ton in 2020, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, 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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into India

For the third year in a row, India recorded decline in supplies from abroad of uncooked pasta (not containing eggs), which decreased by -10.7% to X tons in 2021. Overall, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 141%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 146%. As a result, imports reached 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 (not containing eggs) supplier to India, with a 61% share of total imports. Moreover, uncooked pasta (not containing eggs) 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 totaled -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+73.8% per year) and Thailand (+15.4% per year).

In value terms, Italy ($X), Bangladesh ($X) and Thailand ($X) constituted the largest uncooked pasta (not containing eggs) suppliers to India, together comprising 91% of total imports. Turkey, Germany, Myanmar and Nepal lagged somewhat behind, together comprising a further 5%.

Germany, with a CAGR of +86.8%, saw 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 import price for uncooked pasta (not containing eggs) amounted to $X per ton, rising by 30% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. As a result, import price reached 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 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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