Scandinavia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Scandinavia

In 2021, the Scandinavia uncooked pasta market increased by 3.6% to $X, rising for the fourth year in a row after three years of decline. The market value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the market value increased by 8.4% against the previous year. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Uncooked Pasta Production in Scandinavia

In value terms, uncooked pasta production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Uncooked Pasta Exports

Exports in Scandinavia

In 2021, shipments abroad of uncooked pasta decreased by -3.4% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncooked pasta exports declined to $X in 2021. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden was the main exporter of uncooked pasta in Scandinavia, with the volume of exports amounting to X tons, which was approx. 76% of total exports in 2021. It was distantly followed by Denmark (X tons), achieving a 21% share of total exports. Finland (X tons) followed a long way behind the leaders.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of uncooked pasta. Denmark (-3.7%) and Finland (-17.5%) illustrated a downward trend over the same period. While the share of Sweden (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Denmark (-2.6 p.p.) and Finland (-11.9 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest uncooked pasta supplier in Scandinavia, comprising 69% of total exports. The second position in the ranking was held by Denmark ($X), with a 25% share of total exports.

In Sweden, uncooked pasta exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (-4.3% per year) and Finland (-6.3% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 7.8% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+13.6%), while the other leaders experienced a decline in the export price figures.

Uncooked Pasta Imports

Imports in Scandinavia

In 2021, after nine years of growth, there was decline in purchases abroad of uncooked pasta, when their volume decreased by -2.7% to X tons. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of X tons, and then dropped modestly in the following year.

In value terms, uncooked pasta imports stood at $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Sweden was the major importer of uncooked pasta in Scandinavia, with the volume of imports resulting at X tons, which was approx. 47% of total imports in 2021. Denmark (X tons) took the second position in the ranking, followed by Norway (X tons) and Finland (X tons). All these countries together held approx. 51% share of total imports. Iceland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to uncooked pasta imports into Sweden stood at +2.8%. At the same time, Iceland (+6.6%), Finland (+5.4%) and Norway (+3.3%) displayed positive paces of growth. Moreover, Iceland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +6.6% from 2012-2021. Denmark experienced a relatively flat trend pattern. From 2012 to 2021, the share of Finland increased by +2.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) were the countries with the highest levels of imports in 2021, with a combined 81% share of total imports. These countries were followed by Finland and Iceland, which together accounted for a further 19%.

In terms of the main importing countries, Finland, with a CAGR of +6.0%, saw the highest rates of growth with regard to 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

In 2021, the import price in Scandinavia amounted to $X per ton, increasing by 8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Iceland ($X per ton) and Finland ($X per ton), while Sweden ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+0.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform