IndexBox has just published a new report: “United Kingdom – Stuffed Pasta and Couscous – Market Analysis, Forecast, Size, Trends and Information”. Here is a summary of the main findings of the report.
UK imports of stuffed pasta and couscous rose + 15.8% year-on-year to $ 525 million last year. Italy, China and France supply around 77% of the total volume imported to the UK. All of these countries have significantly increased their exports of stuffed pasta and couscous to the UK. Germany has become the fastest growing supplier in terms of import value in 2020.
UK imports of stuffed pasta and couscous
In 2020, approx. 316,000 tonnes of stuffed pasta and couscous were imported into the UK, up 16% from the previous year. In value, imports of pasta and couscous jumped + 15.8% year-on-year to $ 525 million (IndexBox estimates) in 2020.
In 2020, Italy (209,000 tonnes) was the UK’s largest supplier of pasta and couscous, with a 66% share of total imports. In addition, imports of pasta and couscous from Italy increased tenfold from the figures recorded by the second largest supplier, China (22,000 tonnes). France (14,000 tonnes) ranks third in terms of total imports with a share of 4.3%.
In terms of value, Italy ($ 266 million) was the UK’s largest supplier of pasta and couscous, accounting for 51% of total imports. The second place in the ranking was occupied by China ($ 42 million), with an 8% share of total imports, and was followed by Germany, with a share of 7.7%.
In 2020, the average annual growth rate of the value of Italy is + 18.6%. The other supplier countries recorded the following average annual growth rates for imports: China (+ 7.0% per year) and Germany (+ 23.0% per year). Germany has become the fastest growing exporter of stuffed pasta and couscous to the UK.
In 2020, the average price of pasta and couscous imports was $ 1,664 per tonne and therefore remained relatively stable compared to the previous year. Prices varied significantly depending on the country of origin; the country with the highest price was South Korea ($ 3,819 per tonne), while the price for Italy ($ 1,271 per tonne) was among the lowest. In 2020, the most notable price growth rate was achieved by Germany, while the prices of other major suppliers saw more modest growth rates.
Source: IndexBox platform