Instant Noodles Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Instant Noodles in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Instant Noodles Price Trend for the First Half of 2023

Instant noodles have seen a striking rise in consumption over the past few years. The simple reason is their affordability. With the inflation shooting through the roof, the general commodity prices rose. From fruits, vegetables, and meat to flour, bread, etc., everything saw a rise in prices.

The adverse weather conditions hampered the agricultural yields, fuelling the price hike even more. Instant noodles also could not resist the price hike since the feedstock flour prices rose. And despite the price hikes, instant noodles were still one of the more affordable food options.

Instant Noodles Price Chart

Instant Noodles Price Trends

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So, to compensate for the revenue losses in other food options, the food companies raised the prices for Instant noodles since they were still getting off the shelves much quicker. An estimated 10% rise was seen in Instant noodles prices.

Analyst Insight

According to Procurement Resource, given the demand scenario for Instant noodles, the prices are likely to rise even further in the coming months.

Instant Noodles Price Trend for the Second Half of 2022

The prices of instant noodles saw an uprising trend after a long period of stagnancy, especially in the Thai market. The Ukraine crisis, along with drought and floods in the region drove up the transport, energy, and wheat expense rates, which in turn resulted in the upward trajectory in the prices throughout the Asia-Pacific region.

The producers in some regions faced reduced profit margins due to high production costs and thus, were forced to increase the prices of instant noodles. The uprising price trend was also in order with the strong demand from the low-income households that employ instant noodles as a staple. Thus, the synergistic effect of high demand, strong supply, and increasing cost of production, the price trend for instant noodles significantly improved globally.

Analyst Insight

According to Procurement Resource, the prices of instant noodles are likely to increase in the upcoming quarter. As the global market is expected to showcase high demand and a rise in production costs will further drive the price trend for instant noodles.

Instant Noodles Price Trend For the First Half of 2022

According to the World Economic Forum, the prices of cereals ( wheat, barley, and other grains) have increased by 89% since September 2019. With Ukraine being a major supplier of wheat, the current geopolitical crisis has taken a toll on wheat prices globally. With floods in the major Chinese wheat-producing belt, wheat prices surged throughout the Asian market. The supply shortages amid the inflationary pricing caused wheat prices to rise by 30% in China, averaging 3200 RMB/MT.

The rising wheat prices caused the instant noodles companies to raise their prices to safeguard their profit margins. Nissin Foods, the originator of instant noodles, raised its prices after 11 years. The South Korean Shin Ramen registered a hike of 11%in their instant noodles’ prices. The ex-factory prices of Tingyu (prominent Chinese manufacturer) hiked the prices by 10% during the said period. Hence, the price trend for instant noodles soared globally owing to the high raw material costs, labour, and sourcing expenses.

Procurement Resource provides latest prices of Instant Noodles. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Instant Noodles are dried or precooked noodles that are often sold with sachets of flavouring including seasoning oil. Dried noodles are generally eaten after being cooked or soaked in boiling water, while precooked or instant noodles can be reheated or eaten straight from the packet.

Product Details

Report Features Details
Product Name Instant Noodles
Synonyms Instant ramen
Industrial Uses Noodle soup, Noodle
Supplier Database Nestlé SA, Ajinomoto Co., Inc, Unilever, Capital Foods Pvt. Ltd, ITC Limited
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Instant Noodles via Dehydration Process

To produce Instant Noodles, all the ingredients are first mixed in the dough, then it is rolled out, cut into noodles, steamed, dried, fried for a minute or two for dehydration, cooled, and then finally packed into the individual units.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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