Portugal: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Portugal

The Portuguese uncooked pasta market reached $X in 2021, remaining relatively unchanged against the previous year. Overall, consumption recorded a slight decrease. The pace of growth was the most pronounced in 2020 with an increase of 6.3%. Uncooked pasta consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Uncooked Pasta Production in Portugal

In value terms, uncooked pasta production stood at $X in 2021 estimated in export price. Over the period under review, production saw a pronounced contraction. The growth pace was the most rapid in 2020 when the production volume increased by 14%. Uncooked pasta production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Uncooked Pasta Exports

Exports from Portugal

In 2021, overseas shipments of uncooked pasta increased by 1.8% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 21%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncooked pasta exports rose markedly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa (X tons), Spain (X tons) and Cabo Verde (X tons) were the main destinations of uncooked pasta exports from Portugal, together comprising 64% of total exports.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +121.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), South Africa ($X) and France ($X) appeared to be the largest markets for uncooked pasta exported from Portugal worldwide, together comprising 61% of total exports.

South Africa, with a CAGR of +107.3%, recorded the highest growth rate of 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 uncooked pasta export price stood at $X per ton in 2021, surging by 8.5% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to South Africa ($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 Angola (+1.1%), while the prices for the other major destinations experienced a decline.

Uncooked Pasta Imports

Imports into Portugal

In 2021, the amount of uncooked pasta imported into Portugal rose rapidly to X tons, increasing by 9.9% compared with 2020 figures. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 26% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 32%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest uncooked pasta supplier to Portugal, with a 55% share of total imports. Moreover, uncooked pasta imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.9% per year) and France (+0.9% per year).

In value terms, Spain ($X), Italy ($X) and France ($X) appeared to be the largest uncooked pasta suppliers to Portugal, with a combined 82% share of total imports. Germany and South Africa lagged somewhat behind, together accounting for a further 6.1%.

Germany, with a CAGR of +19.1%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, the average uncooked pasta import price amounted to $X per ton, increasing by 7.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 13%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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