Southern Asia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Southern Asia

After three years of growth, the South Asian uncooked pasta market decreased by -4% to $X in 2021. The market value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then fell in the following year.

Uncooked Pasta Production in Southern Asia

In value terms, uncooked pasta production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 16% against the previous year. The level of production peaked at $X in 2020, and then reduced modestly in the following year.

Uncooked Pasta Exports

Exports in Southern Asia

For the fourth consecutive year, Southern Asia recorded growth in overseas shipments of uncooked pasta, which increased by 10% to X tons in 2021. Total exports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.3% 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 +67.1% against 2015 indices. The pace of growth was the most pronounced in 2014 when exports increased by 33%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, uncooked pasta exports soared to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

Pakistan was the major exporter of uncooked pasta in Southern Asia, with the volume of exports reaching X tons, which was approx. 49% of total exports in 2021. It was distantly followed by Nepal (X tons), Bangladesh (X tons) and India (X tons), together creating a 48% share of total exports. Sri Lanka (X tons) held a relatively small share of total exports.

Exports from Pakistan increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, Bangladesh (+20.2%), Sri Lanka (+9.0%) and Nepal (+3.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +20.2% from 2012-2021. By contrast, India (-5.0%) illustrated a downward trend over the same period. Bangladesh (+12 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -14.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest uncooked pasta supplier in Southern Asia, comprising 46% of total exports. The second position in the ranking was taken by Nepal ($X), with a 19% share of total exports. It was followed by India, with a 15% share.

In Pakistan, uncooked pasta exports increased at an average annual rate of +8.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Nepal (+3.5% per year) and India (-3.0% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, growing by 8.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2015 when the export price increased by 10% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+5.2%), while the other leaders experienced more modest paces of growth.

Uncooked Pasta Imports

Imports in Southern Asia

In 2021, after two years of decline, there was significant growth in supplies from abroad of uncooked pasta, when their volume increased by 21% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 121% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta imports soared to $X in 2021. Over the period under review, imports saw a moderate increase. The most prominent rate of growth was recorded in 2015 when imports increased by 85% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

India (X tons), Afghanistan (X tons) and Maldives (X tons) represented roughly 57% of total imports in 2021. Bangladesh (X tons) held the next position in the ranking, followed by Sri Lanka (X tons), Nepal (X tons) and Pakistan (X tons). All these countries together held near 39% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest uncooked pasta importing markets in Southern Asia were India ($X), Maldives ($X) and Afghanistan ($X), with a combined 63% share of total imports. Sri Lanka, Bangladesh, Nepal and Pakistan lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Bangladesh, with a CAGR of +25.1%, recorded the highest growth rate of 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 Southern Asia amounted to $X per ton, surging by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2019 when the import price increased by 31%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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