Scandinavia: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Scandinavia

In 2021, the Scandinavia market for uncooked pasta (not containing eggs) increased by 1.1% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Uncooked Pasta (Not Containing Eggs) in Scandinavia

In value terms, uncooked pasta (not containing eggs) production contracted rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 232% against the previous year. As a result, production reached the peak level of $X, and then dropped sharply in the following year.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports in Scandinavia

In 2021, overseas shipments of uncooked pasta (not containing eggs) decreased by -2.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 37%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, uncooked pasta (not containing eggs) exports declined to $X in 2021. In general, exports recorded a slight setback. The pace of growth appeared the most rapid in 2020 when exports increased by 44% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden represented the major exporter of uncooked pasta (not containing eggs) in Scandinavia, with the volume of exports finishing at X tons, which was approx. 78% of total exports in 2021. It was distantly followed by Denmark (X tons), mixing up a 19% share of total exports. Finland (X tons) took a relatively small share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of uncooked pasta (not containing eggs). Denmark (-1.1%) and Finland (-18.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sweden and Denmark increased by +12 and +1.9 percentage points, respectively.

In value terms, Sweden ($X) remains the largest uncooked pasta (not containing eggs) supplier in Scandinavia, comprising 68% of total exports. The second position in the ranking was taken by Denmark ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Sweden totaled -1.5%. In the other countries, the average annual rates were as follows: Denmark (-0.2% per year) and Finland (-6.5% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, with a decrease of -2.8% 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 2013 an increase of 5.9%. The level of export peaked at $X per ton in 2020, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, 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 (+14.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports in Scandinavia

In 2021, after three years of growth, there was decline in overseas purchases of uncooked pasta (not containing eggs), when their volume decreased by -2.2% to X tons. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, uncooked pasta (not containing eggs) imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

Sweden was the main importing country with an import of around X tons, which amounted to 48% of total imports. Denmark (X tons) ranks second in terms of the total imports with a 19% share, followed by Norway (17%) and Finland (14%).

From 2012 to 2021, average annual rates of growth with regard to uncooked pasta (not containing eggs) imports into Sweden stood at +3.1%. At the same time, Finland (+5.3%) and Norway (+2.7%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +5.3% from 2012-2021. Denmark experienced a relatively flat trend pattern. From 2012 to 2021, the share of Finland increased by +2.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported uncooked pasta (not containing eggs) in Scandinavia, comprising 44% of total imports. The second position in the ranking was held by Denmark ($X), with a 20% share of total imports. It was followed by Norway, with a 17% share.

From 2012 to 2021, the average annual growth rate of value in Sweden amounted to +2.6%. In the other countries, the average annual rates were as follows: Denmark (-0.0% per year) and Norway (+2.1% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, surging by 8.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Finland ($X per ton) and Denmark ($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 Finland (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform