Market
Italy produced 1,432,990 tons of spaghetti in 1955, of which 74,000 tons was exported, and had a production capacity of 3 million tons. By 2011, the three largest producers of dried pasta were Italy (3,247,322 tonnes), the United States (3,000,000 tonnes), and Brazil (1,300,000 tonnes). The largest per capita consumers of pasta in 2011 were Italy (26.0 kg/person), Venezuela (12.0 kg/person), Tunisia (11.7 kg/person), and Greece (10.4 kg/person).
In the European Union, total pasta sales in 2008 were US $8.361 billion, of which $5.722 billion was for dried pasta, $2.244 billion was for fresh or chilled pasta, and $395 million was for canned or preserved pasta. In 2009, retail sales of pasta represented a $2.809 billion market in Italy, $1.402 billion in Germany, and $1.179 billion in France. Fresh pasta represented a $996 million market in Italy in 2008.
Italy is the world's largest exporter of pasta; in 2007, it exported 1.7 million tons of pasta, and the largest export markets were Germany (20.4%), France (13.7%), the United Kingdom (12.6%), the United States (9.5%), and Japan (4.25%). Italy's pasta exports represented 53% of its total production in 2007.
Read more about this topic: Pasta
Famous quotes containing the word market:
“Ae market night,
Tam had got planted unco right,
Fast by an ingle, bleezing finely,
Wi’ reaming swats that drank divinely;”
—Robert Burns (1759–1796)
“I respect not his labors, his farm where everything has its price, who would carry the landscape, who would carry his God, to market, if he could get anything for him; who goes to market for his god as it is; on whose farm nothing grows free, whose fields bear no crops, whose meadows no flowers, whose trees no fruit, but dollars; who loves not the beauty of his fruits, whose fruits are not ripe for him till they are turned to dollars. Give me the poverty that enjoys true wealth.”
—Henry David Thoreau (1817–1862)
“The only reason to invest in the market is because you think you know something others don’t.”
—R. Foster Winans (b. 1948)