Saudi Arabia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Saudi Arabia

In 2021, the Saudi uncooked pasta market decreased by -7.7% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Uncooked Pasta Production in Saudi Arabia

In value terms, uncooked pasta production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Uncooked Pasta Exports

Exports from Saudi Arabia

In 2021, exports of uncooked pasta from Saudi Arabia totaled X tons, increasing by 2.1% compared with the year before. Over the period under review, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.7% against 2018 indices. The pace of growth was the most pronounced in 2020 when exports increased by 44% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, uncooked pasta exports stood at $X in 2021. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Iraq (X tons) was the main destination for uncooked pasta exports from Saudi Arabia, with a 46% share of total exports. Moreover, uncooked pasta exports to Iraq exceeded the volume sent to the second major destination, Yemen (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume to Iraq amounted to +45.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+11.7% per year) and the United Arab Emirates (+0.7% per year).

In value terms, Iraq ($X) remains the key foreign market for uncooked pasta exports from Saudi Arabia, comprising 39% of total exports. The second position in the ranking was taken by Yemen ($X), with a 15% share of total exports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Iraq amounted to +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+17.2% per year) and the United Arab Emirates (+3.7% per year).

Export Prices by Country

The average uncooked pasta export price stood at $X per ton in 2021, rising by 4.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7.7%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Algeria ($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 Palestine (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Saudi Arabia

In 2021, overseas purchases of uncooked pasta decreased by -39.5% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 43%. Imports peaked at X tons in 2020, and then shrank remarkably in the following year.

In value terms, uncooked pasta imports declined significantly to $X in 2021. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 33%. Imports peaked at $X in 2020, and then dropped remarkably in the following year.

Imports by Country

Italy (X tons), Kuwait (X tons) and the United Arab Emirates (X tons) were the main suppliers of uncooked pasta imports to Saudi Arabia, with a combined 75% share of total imports. These countries were followed by Egypt, Indonesia, Pakistan and the United States, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +20.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta to Saudi Arabia, comprising 35% of total imports. The second position in the ranking was held by Kuwait ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+3.2% per year) and the United Arab Emirates (+7.1% per year).

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, picking up by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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