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

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

The North American market for pasta stuffed with meat, fish and cheese declined to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Production of Pasta Stuffed With Meat, Fish and Cheese in Northern America

In value terms, meat, fish or cheese pasta production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 22%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports in Northern America

In 2022, overseas shipments of pasta stuffed with meat, fish and cheese increased by 15% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, meat, fish or cheese pasta exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, the United States (X tons) was the main exporter of pasta stuffed with meat, fish and cheese, mixing up 80% of total exports. It was distantly followed by Canada (X tons), constituting a 20% share of total exports.

The United States was also the fastest-growing in terms of the pasta stuffed with meat, fish and cheese exports, with a CAGR of +3.5% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by +4.5 percentage points.

In value terms, the United States ($X) remains the largest meat, fish or cheese pasta supplier in Northern America, comprising 74% of total exports. The second position in the ranking was taken by Canada ($X), with a 26% share of total exports.

In the United States, meat, fish or cheese pasta exports increased at an average annual rate of +6.2% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, shrinking by -3.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 9%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then fell modestly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%).

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports in Northern America

For the third year in a row, Northern America recorded growth in purchases abroad of pasta stuffed with meat, fish and cheese, which increased by 11% to X tons in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 51%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, meat, fish or cheese pasta imports stood at $X in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the two major importers of pasta stuffed with meat, fish and cheese, namely the United States and Canada, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +7.7%).

In value terms, the largest meat, fish or cheese pasta importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, Canada, with a CAGR of +7.5%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, almost unchanged from the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat, fish or cheese pasta import price increased by +21.6% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the import price increased by 33%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.5%).

Source: IndexBox Platform

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