Turkey: Pasta Products Market 2024

Pasta Products Market Size in Turkey

The Turkish pasta products market fell dramatically to $X in 2022, declining by -17.6% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pasta Products Production in Turkey

In value terms, pasta products production rose to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 24%. Pasta products production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pasta Products Exports

Exports from Turkey

For the seventh consecutive year, Turkey recorded growth in shipments abroad of dried, undried and frozen pasta and pasta products, which increased by 36% to X tons in 2022. Overall, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, pasta products exports surged to $X in 2022. In general, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X tons), Lebanon (X tons) and Syrian Arab Republic (X tons) were the main destinations of pasta products exports from Turkey, with a combined 61% share of total exports. Ukraine, Senegal, Germany, Spain, Israel, Yemen and Angola lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of +49.3%), while the other leaders experienced more modest paces of growth.

In value terms, Syrian Arab Republic ($X), Iraq ($X) and Lebanon ($X) appeared to be the largest markets for pasta products exported from Turkey worldwide, with a combined 56% share of total exports. Germany, Ukraine, Senegal, Israel, Yemen, Spain and Angola lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Ukraine, with a CAGR of +48.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, surging by 20% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta products export price increased by +95.2% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 28%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Turkey

In 2022, the amount of dried, undried and frozen pasta and pasta products imported into Turkey surged to X tons, jumping by 95% against the previous year. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 323%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pasta products imports skyrocketed to $X in 2022. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 547%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pasta products to Turkey, with a 62% share of total imports. Moreover, pasta products imports from China exceeded the figures recorded by the second-largest supplier, Iran (X tons), fivefold. The third position in this ranking was held by Iraq (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +38.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+467.7% per year) and Iraq (+14.4% per year).

In value terms, China ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Turkey, comprising 59% of total imports. The second position in the ranking was held by Vietnam ($X), with a 10% share of total imports. It was followed by Spain, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+221.7% per year) and Spain (+13,058.6% per year).

Import Prices by Country

The average pasta products import price stood at $X per ton in 2022, falling by -3.9% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 53%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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