U.S.: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in the U.S.

After seven years of growth, the U.S. market for pasta stuffed with meat, fish and cheese decreased by -0.3% to $X in 2022. The market value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Pasta Stuffed With Meat, Fish and Cheese in the U.S.

In value terms, meat, fish or cheese pasta production totaled $X in 2022. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 22% against the previous year. Meat, fish or cheese pasta production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from the U.S.

In 2022, shipments abroad of pasta stuffed with meat, fish and cheese increased by 14% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, meat, fish or cheese pasta exports expanded markedly to $X in 2022. Over the period under review, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 17%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Canada (X tons) was the main destination for meat, fish or cheese pasta exports from the United States, accounting for a 85% share of total exports. Moreover, meat, fish or cheese pasta exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at +3.1%.

In value terms, Canada ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from the United States, comprising 82% of total exports. The second position in the ranking was held by Mexico ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +5.7%.

Export Prices by Country

The average export price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2015 an increase of 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.5%).

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into the U.S.

In 2022, supplies from abroad of pasta stuffed with meat, fish and cheese increased by 7.9% to X tons, rising for the eighth year in a row after two years of decline. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, meat, fish or cheese pasta imports rose notably to $X in 2022. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X tons), Canada (X tons) and Thailand (X tons) were the main suppliers of meat, fish or cheese pasta imports to the United States, together comprising 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +66.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to the United States, comprising 50% of total imports. The second position in the ranking was held by Canada ($X), with a 23% share of total imports. It was followed by Thailand, with a 19% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-2.4% per year) and Thailand (+64.8% per year).

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, almost unchanged from the previous year. Overall, the import price continues to indicate a mild contraction. The growth pace was the most rapid in 2019 when the average import price increased by 2.5% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :