Uncooked Pasta Containing Eggs Market

The article discusses the increasing demand for uncooked pasta containing eggs globally, with forecasts indicating a positive consumption trend. Market performance is expected to grow with a projected CAGR of +1.9% in volume and +5.5% in value from 2022 to 2030. The highest consuming countries include Russia, Italy, and Turkey, with notable growth rates in consumption and production. Imports and exports also show steady growth, with Italy being the leading exporter in terms of value. Overall, the market for uncooked pasta containing eggs is expected to see steady growth in the coming years.

Market Forecast

Driven by increasing demand for uncooked pasta containing eggs worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market volume to 4.3M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.5% for the period from 2022 to 2030, which is projected to bring the market value to $13.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Uncooked Pasta Containing Eggs

In 2022, the amount of uncooked pasta containing eggs consumed worldwide rose notably to 3.7M tons, with an increase of 8.3% compared with 2021. Over the period under review, consumption enjoyed significant growth. Global consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

The global uncooked pasta containing eggs market value expanded rapidly to $8.8B in 2022, with an increase of 12% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a significant increase. Over the period under review, the global market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Russia (1.6M tons), Italy (814K tons) and Turkey (566K tons), together accounting for 79% of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Russia (with a CAGR of +77.2%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Russia ($3.7B), Italy ($2B) and Turkey ($1.3B) constituted the countries with the highest levels of market value in 2022, together comprising 80% of the global market.

Among the main consuming countries, Russia, with a CAGR of +77.9%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of uncooked pasta containing eggs per capita consumption in 2022 were Italy (14 kg per person), Russia (11 kg per person) and Hungary (7.7 kg per person).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +77.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Uncooked Pasta Containing Eggs

In 2022, the amount of uncooked pasta containing eggs produced worldwide reached 3.6M tons, growing by 8.6% on the year before. Overall, production saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,392%. Global production peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, uncooked pasta containing eggs production contracted to $5B in 2022 estimated in export price. In general, production enjoyed buoyant growth. The growth pace was the most rapid in 2021 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $5.1B, and then declined modestly in the following year.

Production By Country

The countries with the highest volumes of production in 2022 were Russia (1.6M tons), Italy (901K tons) and Turkey (573K tons), with a combined 84% share of global production. Germany, Hungary and Poland lagged somewhat behind, together comprising a further 9.1%.

From 2020 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +4.0%), while production for the other global leaders experienced mixed trends in the production figures.

Imports

World Imports of Uncooked Pasta Containing Eggs

In 2022, the amount of uncooked pasta containing eggs imported worldwide totaled 388K tons, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 15%. As a result, imports attained the peak of 401K tons. From 2020 to 2022, the growth of global imports failed to regain momentum.

In value terms, uncooked pasta containing eggs imports expanded rapidly to $721M in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 8.8% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports By Country

Germany (34K tons), France (33K tons), the Netherlands (31K tons), the UK (23K tons), Saudi Arabia (19K tons), the United States (19K tons), Austria (19K tons), Yemen (18K tons), Somalia (15K tons), Belgium (15K tons) and Poland (13K tons) represented roughly 62% of total imports in 2022. The following importers - Haiti (8.1K tons) and Canada (7.4K tons) - each recorded a 4% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Yemen (with a CAGR of +21.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest uncooked pasta containing eggs importing markets worldwide were France ($71M), Germany ($65M) and the UK ($53M), with a combined 26% share of global imports. The United States, the Netherlands, Austria, Belgium, Yemen, Poland, Canada, Saudi Arabia, Somalia and Haiti lagged somewhat behind, together comprising a further 36%.

In terms of the main importing countries, Yemen, with a CAGR of +24.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average uncooked pasta containing eggs import price amounted to $1,860 per ton, growing by 5.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.5% against the previous year. Over the period under review, average import prices hit record highs at $1,866 per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($2,512 per ton), while Somalia ($608 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Uncooked Pasta Containing Eggs

In 2022, global exports of uncooked pasta containing eggs reached 279K tons, leveling off at the previous year. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 8%. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, uncooked pasta containing eggs exports rose modestly to $560M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of 7% against the previous year. As a result, the exports attained the peak of $563M. From 2015 to 2022, the growth of the global exports remained at a somewhat lower figure.

Exports By Country

In 2022, Italy (88K tons) was the key exporter of uncooked pasta containing eggs, committing 31% of total exports. It was distantly followed by Germany (21K tons), Saudi Arabia (20K tons), Belgium (15K tons) and Kuwait (14K tons), together achieving a 25% share of total exports. The Dominican Republic (13K tons), France (12K tons), the United States (10K tons), Peru (9.5K tons), Turkey (8.2K tons), Hungary (6.7K tons), the Netherlands (6.1K tons) and Poland (4.6K tons) took a relatively small share of total exports.

Italy experienced a relatively flat trend pattern with regard to volume of exports of uncooked pasta containing eggs. At the same time, Turkey (+53.0%), Peru (+37.5%), Poland (+9.6%), Hungary (+8.9%), Kuwait (+8.4%), France (+5.3%), Germany (+2.7%), Belgium (+2.7%), the Dominican Republic (+2.6%), the United States (+1.9%) and Saudi Arabia (+1.6%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +53.0% from 2012-2022. By contrast, the Netherlands (-4.7%) illustrated a downward trend over the same period. Peru (+3.2 p.p.), Turkey (+2.9 p.p.) and Kuwait (+2.5 p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands and Italy saw its share reduced by -1.9% and -3.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($234M) remains the largest uncooked pasta containing eggs supplier worldwide, comprising 42% of global exports. The second position in the ranking was taken by Germany ($44M), with a 7.9% share of global exports. It was followed by Belgium, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value in Italy amounted to +1.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+2.5% per year) and Belgium (+3.0% per year).

Export Prices By Country

The average uncooked pasta containing eggs export price stood at $2,004 per ton in 2022, growing by 1.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 6.5%. The global export price peaked at $2,144 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($3,257 per ton), while Peru ($573 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform