Italy: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Italy

In 2022, the Italian pasta and couscous market increased by 7.3% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a perceptible decrease. Pasta and couscous consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pasta And Couscous Production in Italy

In value terms, pasta and couscous production rose notably to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 16%. Pasta and couscous production peaked at $X in 2012; afterwards, it flattened through to 2022.

Pasta And Couscous Exports

Exports from Italy

For the ninth year in a row, Italy recorded growth in overseas shipments of stuffed pasta and couscous, which increased by 1.6% to X tons in 2022. The total export volume increased at an average annual rate of +3.8% over the period 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 2014 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pasta and couscous exports amounted to $X in 2022. In general, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +61.0% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 18%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of pasta and couscous exports from Italy, together accounting for 50% of total exports. The United States, Spain, the Netherlands, Belgium, Sweden, Poland, Austria and Australia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +11.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pasta and couscous exported from Italy were France ($X), the United States ($X) and Germany ($X), together comprising 48% of total exports.

The United States, with a CAGR of +11.6%, 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 pasta and couscous export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 an increase of 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted slightly 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 ($X per ton), while the average price for exports to Poland ($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 (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Italy

In 2022, supplies from abroad of stuffed pasta and couscous increased by 5.2% to X tons, rising for the fourth consecutive year after two years of decline. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.4% 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 +56.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, pasta and couscous imports expanded notably to $X in 2022. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pasta and couscous to Italy, with a 24% share of total imports. Moreover, pasta and couscous imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. France (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.1% per year) and France (-6.8% per year).

In value terms, the largest pasta and couscous suppliers to Italy were China ($X), Belgium ($X) and Poland ($X), with a combined 40% share of total imports. Germany, France, the Netherlands, South Korea, Serbia, Austria, Spain, Thailand, Morocco and Israel lagged somewhat behind, together comprising a further 46%.

Serbia, with a CAGR of +272.6%, recorded the highest growth rate of the value of imports, in terms of 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 2022, the average pasta and couscous import price amounted to $X per ton, increasing by 6.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :