Italy: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Italy

In 2022, the Italian market for pasta stuffed with meat, fish and cheese increased by 0.7% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Italy

In value terms, meat, fish or cheese pasta production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 21%. Over the period under review, production hit record highs at $X in 2021, and then dropped modestly in the following year.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Italy

In 2022, approx. X tons of pasta stuffed with meat, fish and cheese were exported from Italy; remaining constant against 2021 figures. Over the period under review, total exports indicated a notable 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 +66.4% against 2013 indices. The growth pace was the most rapid in 2020 when exports increased by 12% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, meat, fish or cheese pasta exports shrank slightly to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +57.2% against 2014 indices. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of meat, fish or cheese pasta exports from Italy, with a combined 54% share of total exports. Spain, the United States, the Netherlands, Belgium, Sweden, Australia, Poland, Austria and Ireland lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +11.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for meat, fish or cheese pasta exported from Italy worldwide, with a combined 49% share of total exports. The United States, Spain, Belgium, the Netherlands, Sweden, Austria, Australia, Poland and Ireland lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Australia, with a CAGR of +16.6%, saw 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 2022, the average export price for pasta stuffed with meat, fish and cheese amounted to $X per ton, falling by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Italy

In 2022, meat, fish or cheese pasta imports into Italy expanded markedly to X tons, surging by 14% against the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, meat, fish or cheese pasta imports expanded significantly to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +62.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Belgium (X tons) constituted the largest meat, fish or cheese pasta supplier to Italy, with a 40% share of total imports. Moreover, meat, fish or cheese pasta imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.7% per year) and Austria (+26.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Italy, comprising 35% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.2% per year) and France (+6.4% per year).

Import Prices by Country

The average import price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2013 an increase of 12%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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