U.S.: Pasta Products Market 2024

Pasta Products Market Size in the U.S.

The U.S. pasta products market was estimated at $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Pasta Products Production in the U.S.

In value terms, pasta products production rose slightly to $X in 2022. Overall, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Pasta Products Exports

Exports from the U.S.

In 2022, approx. X tons of dried, undried and frozen pasta and pasta products were exported from the United States; surging by X% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pasta products exports expanded markedly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Canada (X tons) was the main destination for pasta products exports from the United States, accounting for a X% share of total exports. It was followed by Bahamas (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (X% per year) and Mexico (X% per year).

In value terms, Canada ($X) remains the key foreign market for dried, undried and frozen pasta and pasta products exports from the United States, comprising X% of total exports. The second position in the ranking was held by Bahamas ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (X% per year) and Mexico (X% per year).

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to Canada ($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 Bahamas (X%), while the prices for the other major destinations experienced a decline.

Pasta Products Imports

Imports into the U.S.

Pasta products imports into the United States soared to X tons in 2022, picking up by X% compared with the year before. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pasta products imports soared to $X in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

South Korea (X tons), China (X tons) and Italy (X tons) were the main suppliers of pasta products imports to the United States, together comprising X% of total imports. Japan, Thailand, Taiwan (Chinese), Canada, Vietnam, Mexico, Indonesia and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest pasta products suppliers to the United States were South Korea ($X), Italy ($X) and China ($X), with a combined X% share of total imports. Canada, Thailand, Japan, Taiwan (Chinese), Vietnam, France, Indonesia and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Indonesia, with a CAGR of X%, recorded the highest growth rate of 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, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Canada ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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