Belgium: Couscous Market 2024

Couscous Market Size in Belgium

In 2021, the Belgian couscous market decreased by -5.6% to $X, falling for the second consecutive year after three years of growth. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.0% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Couscous Production in Belgium

In value terms, couscous production surged to $X in 2021 estimated in export price. Overall, production, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 279%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Couscous Exports

Exports from Belgium

After three years of growth, shipments abroad of couscous decreased by -4.1% to X tons in 2021. In general, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, the exports reached the peak of X tons, and then shrank modestly in the following year.

In value terms, couscous exports declined to $X in 2021. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

France (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of couscous exports from Belgium, together accounting for 70% of total exports. Germany, Luxembourg, Spain and Australia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for couscous exported from Belgium were France ($X), the Netherlands ($X) and the UK ($X), together accounting for 64% of total exports. These countries were followed by Luxembourg, Australia, Germany and Spain, which together accounted for a further 27%.

Among the main countries of destination, Australia, with a CAGR of +47.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average couscous export price stood at $X per ton in 2021, falling by -4.5% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 22%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Couscous Imports

Imports into Belgium

In 2021, supplies from abroad of couscous decreased by -12.5% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.3% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, couscous imports contracted to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.1% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 24%. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

Morocco (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of couscous imports to Belgium, with a combined 80% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +16.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest couscous suppliers to Belgium were France ($X), Morocco ($X) and the Netherlands ($X), with a combined 84% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +30.0%, 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

In 2021, the average couscous import price amounted to $X per ton, growing by 3.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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