Italy: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Italy

The Italian uncooked pasta market surged to $X in 2021, increasing by 106% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +117.2% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Uncooked Pasta Production in Italy

In value terms, uncooked pasta production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Uncooked Pasta Exports

Exports from Italy

After five years of growth, shipments abroad of uncooked pasta decreased by -12.9% to X tons in 2021. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, uncooked pasta exports shrank slightly to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of $X, and then shrank slightly in the following year.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of uncooked pasta exports from Italy, together comprising 41% of total exports. These countries were followed by the United States, Japan, Sweden, Belgium, the Netherlands, Spain, Switzerland, China, Austria and Russia, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +18.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncooked pasta exported from Italy were Germany ($X), the United States ($X) and the UK ($X), together comprising 42% of total exports. These countries were followed by France, Japan, Switzerland, the Netherlands, Belgium, Sweden, Spain, Austria, China and Russia, which together accounted for a further 31%.

In terms of the main countries of destination, China, with a CAGR of +17.1%, saw the highest growth rate of 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

The average uncooked pasta export price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to China ($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 Russia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Italy

After three years of growth, overseas purchases of uncooked pasta decreased by -59.8% to X tons in 2021. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 51% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then declined remarkably in the following year.

In value terms, uncooked pasta imports shrank sharply to $X in 2021. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 123% against the previous year. Imports peaked at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of uncooked pasta to Italy, with a 44% share of total imports. Moreover, uncooked pasta imports from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Greece amounted to -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.4% per year) and Belgium (+92.0% per year).

In value terms, Greece ($X), Germany ($X) and Belgium ($X) appeared to be the largest uncooked pasta suppliers to Italy, together accounting for 59% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +83.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, shrinking by -7.8% against the previous year. Overall, the import price showed a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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