Israel: Couscous Market 2024

Couscous Market Size in Israel

The Israeli couscous market skyrocketed to $X in 2021, jumping by 38% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Couscous consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Couscous Production in Israel

In value terms, couscous production amounted to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +8.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 58%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Couscous Exports

Exports from Israel

In 2021, the amount of couscous exported from Israel declined to X tons, falling by -10.3% compared with the year before. Over the period under review, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by 131%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, couscous exports declined to $X in 2021. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 125% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Italy (X tons) and Australia (X tons) were the main destinations of couscous exports from Israel, with a combined 75% share of total exports. These countries were followed by the UK, the Netherlands, France, Lithuania and Canada, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +80.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and Australia ($X) appeared to be the largest markets for couscous exported from Israel worldwide, with a combined 75% share of total exports. The UK, the Netherlands, France, Lithuania and Canada lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, Lithuania, with a CAGR of +86.6%, saw the highest rates of growth with regard to 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, increasing by 5.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 15%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Australia ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Couscous Imports

Imports into Israel

In 2021, approx. X tons of couscous were imported into Israel; surging by 5.5% on the year before. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.4% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 39% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, couscous imports rose sharply to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% 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 +87.8% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 40%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

Morocco (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of couscous imports to Israel, together accounting for 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +42.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest couscous suppliers to Israel were Morocco ($X), Italy ($X) and Turkey ($X), with a combined 98% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +54.6%, recorded the highest rates of growth with regard to 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, remaining relatively unchanged against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :