China - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPasta Products Price in China - 2023
Contents:
- Pasta Products Price in China (FOB) - 2023
- Pasta Products Price in China (CIF) - 2023
- Pasta Products Exports in China
- Pasta Products Imports in China
Pasta Products Price in China (FOB) - 2023
The average pasta products export price stood at $1,647 per ton in September 2023, with a decrease of -2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 3.3% against the previous month. Over the period under review, the average export prices hit record highs at $1,760 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Japan ($3,019 per ton), while the average price for exports to Vietnam ($1,138 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pasta Products Price in China (CIF) - 2023
In September 2023, the average pasta products import price amounted to $3,303 per ton, remaining stable against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 5.4% against the previous month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($3,405 per ton), while the price for Turkey ($777 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pasta Products Exports in China
For the fourth year in a row, China recorded growth in shipments abroad of dried, undried and frozen pasta and pasta products, which increased by 8.7% to 502K tons in 2022. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pasta products exports rose remarkably to $864M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Pasta Products in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 90.6 | 122 | 120 | 143 | 16.4% |
South Korea | 101 | 90.0 | 106 | 112 | 3.5% |
Canada | 37.7 | 46.7 | 37.0 | 59.6 | 16.5% |
Japan | 47.2 | 50.5 | 50.2 | 52.0 | 3.3% |
United Kingdom | 30.6 | 30.6 | 23.7 | 29.4 | -1.3% |
Philippines | 18.8 | 19.9 | 24.7 | 27.7 | 13.8% |
Malaysia | 17.0 | 19.2 | 24.1 | 26.9 | 16.5% |
Netherlands | 17.4 | 18.6 | 27.3 | 26.8 | 15.5% |
Australia | 17.4 | 19.7 | 19.1 | 26.2 | 14.6% |
Russia | 15.5 | 16.4 | 19.2 | 23.3 | 14.6% |
Germany | 16.7 | 14.3 | 16.3 | 18.8 | 4.0% |
France | 11.3 | 11.7 | 15.0 | 18.2 | 17.2% |
Indonesia | 10.6 | 10.0 | 12.7 | 15.6 | 13.7% |
Others | 229 | 249 | 260 | 284 | 7.4% |
Total | 661 | 719 | 756 | 864 | 9.3% |
Top Export Markets for Pasta Products from China in 2022:
- South Korea (80.6K tons)
- United States (65.6K tons)
- Canada (38.3K tons)
- United Kingdom (18.5K tons)
- Japan (18.1K tons)
- Netherlands (17.0K tons)
- Malaysia (16.3K tons)
- Philippines (15.2K tons)
- Australia (14.7K tons)
- Russia (13.2K tons)
- Germany (12.7K tons)
- France (10.1K tons)
- Indonesia (10.0K tons)
Pasta Products Imports in China
In 2022, imports of dried, undried and frozen pasta and pasta products into China expanded modestly to 93K tons, picking up by 3.8% against 2021. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of 93K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pasta products imports expanded notably to $282M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Pasta Products in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 125 | 153 | 153 | 183 | 13.5% |
Indonesia | 14.5 | 17.7 | 22.3 | 28.0 | 24.5% |
Vietnam | 5.1 | 9.2 | 8.4 | 8.5 | 18.6% |
Thailand | 4.8 | 4.1 | 6.7 | 8.0 | 18.6% |
Japan | 10.3 | 12.9 | 9.0 | 5.5 | -18.9% |
Italy | 4.7 | 3.7 | 2.8 | 1.6 | -30.2% |
Turkey | 1.0 | 1.4 | 1.0 | 0.7 | -11.2% |
Spain | 2.2 | 3.1 | 1.4 | 0.4 | -43.3% |
Hong Kong SAR | 22.6 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | 33.5 | N/A | N/A | N/A | 0% |
Others | 7.0 | 58.6 | 57.3 | 46.1 | 87.4% |
Total | 231 | 264 | 262 | 282 | 6.9% |
Top Suppliers of Pasta Products to China in 2022:
- South Korea (60.0K tons)
- Indonesia (9.2K tons)
- Vietnam (4.5K tons)
- Thailand (2.8K tons)
- Italy (1.0K tons)
- Japan (1.0K tons)
- Turkey (0.7K tons)
- Spain (0.4K tons)
This report provides an in-depth analysis of the pasta products market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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