Czech Republic: Couscous Market 2024

Couscous Market Size in the Czech Republic

The Czech couscous market declined modestly to $X in 2021, almost unchanged from the previous year. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Couscous Production in the Czech Republic

In value terms, couscous production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 76% against the previous year. Couscous production peaked at $X in 2020, and then declined in the following year.

Couscous Exports

Exports from the Czech Republic

In 2021, the amount of couscous exported from the Czech Republic was estimated at X tons, surging by 13% against the year before. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 248% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, couscous exports reached $X in 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 138% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Slovakia (X tons) and Ukraine (X tons) were the main destinations of couscous exports from the Czech Republic, with a combined 90% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +138.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for couscous exports from the Czech Republic, comprising 65% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 25% share of total exports. It was followed by Hungary, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +148.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+11.1% per year) and Hungary (+36.7% per year).

Export Prices by Country

The average couscous export price stood at $X per ton in 2021, reducing by -9.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 202% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Ukraine ($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 Germany (+4.1%), while the prices for the other major destinations experienced a decline.

Couscous Imports

Imports into the Czech Republic

In 2021, the amount of couscous imported into the Czech Republic dropped to X tons, reducing by -4.5% against the previous year's figure. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.9% 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 decreased by -22.4% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 51% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, couscous imports rose notably to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% 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 +18.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 53%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Hungary (X tons) and Poland (X tons) were the main suppliers of couscous imports to the Czech Republic, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +368.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of couscous to the Czech Republic, comprising 47% of total imports. The second position in the ranking was taken by Hungary ($X), with a 20% share of total imports. It was followed by Germany, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+38.2% per year) and Germany (+29.8% per year).

Import Prices by Country

In 2021, the average couscous import price amounted to $X per ton, rising by 11% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 12%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :