South-Eastern Asia: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in South-Eastern Asia

After four years of growth, the Southeast Asian market for uncooked pasta (not containing eggs) decreased by -1.3% to $X in 2021. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2020, and then fell slightly in the following year.

Production of Uncooked Pasta (Not Containing Eggs) in South-Eastern Asia

In value terms, uncooked pasta (not containing eggs) production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports in South-Eastern Asia

Uncooked pasta (not containing eggs) exports expanded to X tons in 2021, surging by 4% against 2020 figures. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.7% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by 27%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) exports reached $X in 2021. The total export value increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 13% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

Thailand was the major exporter of uncooked pasta (not containing eggs) in South-Eastern Asia, with the volume of exports reaching X tons, which was near 56% of total exports in 2021. Vietnam (X tons) held the second position in the ranking, distantly followed by Indonesia (X tons) and the Philippines (X tons). All these countries together took approx. 39% share of total exports. Malaysia (X tons) held a relatively small share of total exports.

Exports from Thailand increased at an average annual rate of +4.2% from 2012 to 2021. At the same time, Indonesia (+10.3%), Vietnam (+9.4%), the Philippines (+8.2%) and Malaysia (+2.0%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +10.3% from 2012-2021. Vietnam (+6.2 p.p.) and Indonesia (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by -8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest uncooked pasta (not containing eggs) supplier in South-Eastern Asia, comprising 65% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 17% share of total exports. It was followed by the Philippines, with a 6.9% share.

In Thailand, uncooked pasta (not containing eggs) exports expanded at an average annual rate of +4.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+7.0% per year) and the Philippines (+12.0% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, with an increase of 2.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by 19% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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 Thailand ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+3.5%), while the other leaders experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports in South-Eastern Asia

After three years of growth, supplies from abroad of uncooked pasta (not containing eggs) decreased by -0.7% to X tons in 2021. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.7% against 2012 indices. The growth pace was the most rapid in 2018 when imports increased by 26%. The volume of import peaked at X tons in 2020, and then shrank in the following year.

In value terms, uncooked pasta (not containing eggs) imports amounted to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.6% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of 22%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

The Philippines was the major importer of uncooked pasta (not containing eggs) in South-Eastern Asia, with the volume of imports finishing at X tons, which was approx. 39% of total imports in 2021. Singapore (X tons) held the second position in the ranking, followed by Malaysia (X tons), Cambodia (X tons), Thailand (X tons), Vietnam (X tons) and Indonesia (X tons). All these countries together held near 58% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to uncooked pasta (not containing eggs) imports into the Philippines stood at +10.1%. At the same time, Cambodia (+22.3%), Vietnam (+19.2%), Malaysia (+7.6%), Thailand (+3.2%), Singapore (+2.4%) and Indonesia (+1.9%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +22.3% from 2012-2021. While the share of the Philippines (+6.9 p.p.), Cambodia (+4.7 p.p.) and Vietnam (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Thailand (-2.9 p.p.), Indonesia (-3.1 p.p.) and Singapore (-10 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X), Singapore ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 72% share of total imports. These countries were followed by Thailand, Indonesia, Vietnam and Cambodia, which together accounted for a further 24%.

Among the main importing countries, Cambodia, with a CAGR of +22.8%, 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 South-Eastern Asia amounted to $X per ton, increasing by 2.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 10% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Cambodia ($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 (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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