Vietnam: Pasta Products Market 2025

Pasta Products Market Size in Vietnam

In 2022, the Vietnamese pasta products market decreased by -8.5% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed a buoyant increase. Pasta products consumption peaked at $X in 2021, and then fell in the following year.

Pasta Products Production in Vietnam

In value terms, pasta products production rose rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 51%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pasta Products Exports

Exports from Vietnam

In 2022, pasta products exports from Vietnam rose rapidly to X tons, surging by 13% compared with the previous year. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 66%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pasta products exports expanded significantly to $X in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 62%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Germany (X tons) and the United States (X tons) were the main destinations of pasta products exports from Vietnam, with a combined 37% share of total exports. China, the Czech Republic, the Netherlands, the UK, Australia, Hong Kong SAR, France, South Korea, Japan and Canada lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +54.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the United States ($X) appeared to be the largest markets for pasta products exported from Vietnam worldwide, with a combined 36% share of total exports. The Netherlands, the UK, the Czech Republic, China, Australia, South Korea, Hong Kong SAR, France, Japan and Canada lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, China, with a CAGR of +51.5%, saw the highest growth rate of 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

In 2022, the average pasta products export price amounted to $X per ton, with a decrease of -5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average export price increased by 11%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 Canada (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Vietnam

In 2022, purchases abroad of dried, undried and frozen pasta and pasta products decreased by -3.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 116%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, pasta products imports fell to $X in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 130%. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

China (X tons), South Korea (X tons) and Japan (X tons) were the main suppliers of pasta products imports to Vietnam, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta products suppliers to Vietnam were South Korea ($X), China ($X) and Japan ($X), together accounting for 99% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +46.3%, recorded 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

The average pasta products import price stood at $X per ton in 2022, shrinking by -2.1% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 39%. 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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