New Zealand: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in New Zealand

In 2021, after two years of growth, there was significant decline in the New Zealand market for uncooked pasta (not containing eggs), when its value decreased by -9.6% to $X. Overall, consumption, however, saw a relatively flat trend pattern. Uncooked pasta (not containing eggs) consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in New Zealand

In value terms, uncooked pasta (not containing eggs) production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from New Zealand

In 2021, overseas shipments of uncooked pasta (not containing eggs) increased by 75% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2013 when exports increased by 121%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 150%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tonga (X tons), Cook Islands (X tons) and Australia (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from New Zealand, together accounting for 63% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tonga (with a CAGR of +21.3%), while the other leaders experienced more modest paces of growth.

In value terms, Cook Islands ($X), Tonga ($X) and American Samoa ($X) were the largest markets for uncooked pasta (not containing eggs) exported from New Zealand worldwide, together accounting for 59% of total exports. These countries were followed by Singapore, Australia, Fiji, Papua New Guinea, Samoa and Solomon Islands, which together accounted for a further 34%.

Among the main countries of destination, Singapore, with a CAGR of +40.6%, 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 export price for uncooked pasta (not containing eggs) amounted to $X per ton, with a decrease of -7.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 30%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Australia ($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 Singapore (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into New Zealand

In 2021, the amount of uncooked pasta (not containing eggs) imported into New Zealand declined dramatically to X tons, reducing by -21.6% compared with the previous year. In general, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. Over the period under review, imports attained the maximum at X tons in 2020, and then reduced dramatically in the following year.

In value terms, uncooked pasta (not containing eggs) imports fell to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest uncooked pasta (not containing eggs) supplier to New Zealand, accounting for a 51% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Italy exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. Latvia (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-11.4% per year) and Latvia (-11.4% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta (not containing eggs) to New Zealand, comprising 54% of total imports. The second position in the ranking was held by Australia ($X), with a 12% share of total imports. It was followed by China, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-13.7% per year) and China (+4.5% per year).

Import Prices by Country

The average import price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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