Report Update Nov 1, 2024

Mexico - Couscous - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Couscous Market 2024

Couscous Market Size in Mexico

After two years of growth, the Mexican couscous market decreased by -22.9% to $X in 2021. Over the period under review, consumption showed a slight contraction. Couscous consumption peaked at $X in 2020, and then shrank significantly in the following year.

Couscous Production in Mexico

In value terms, couscous production dropped sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Couscous Exports

Exports from Mexico

In 2012, the amount of couscous exported from Mexico amounted to X tons, almost unchanged from 2011 figures. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2012 and are expected to retain growth in the immediate term.

In value terms, couscous exports amounted to $X in 2012. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2012 and are likely to see steady growth in the immediate term.

Exports by Country

Luxembourg (X kg) was the main destination for couscous exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Luxembourg was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Luxembourg was relatively modest.

Export Prices by Country

In 2021, the average couscous export price amounted to less than $X per ton, remaining stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2012 to 2021, the rate of growth in terms of prices for Kuwait amounted to +11.4% per year.

Couscous Imports

Imports into Mexico

In 2021, supplies from abroad of couscous increased by 61% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +10.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 103% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, couscous imports reduced rapidly to $X in 2021. Over the period under review, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% 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 -44.2% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 125%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest couscous supplier to Mexico, accounting for a 31% share of total imports. Moreover, couscous imports from France exceeded the figures recorded by the second-largest supplier, Morocco (X tons), sixfold. The third position in this ranking was taken by the United States (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+58.2% per year) and the United States (+2.6% per year).

In value terms, France ($X) constituted the largest supplier of couscous to Mexico, comprising 72% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Canada, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.5% per year) and Canada (-19.1% per year).

Import Prices by Country

In 2021, the average couscous import price amounted to $X per ton, with a decrease of -58% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for couscous in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 29% share of global consumption. Japan, Russia, Pakistan, Nigeria, Germany, Brazil, Indonesia, Bangladesh, Mexico and France lagged somewhat behind, together comprising a further 25%.

What are the largest producers of couscous in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 29% of global production. These countries were followed by Japan, Pakistan, Russia, Nigeria, Brazil, Germany, Indonesia, Bangladesh, Italy and Mexico, which together accounted for a further 25%.

What are the leading suppliers of couscous to Mexico?

In value terms, France constituted the largest supplier of couscous to Mexico, comprising 77% of total imports. The second position in the ranking was occupied by the United States, with a 17% share of total imports.

What is the average export price for couscous in Mexico?

The average couscous export price stood at $1,822 per ton in 2021, increasing by 2.7% against the previous year.

What is the average import price for couscous in Mexico?

In 2021, the average couscous import price amounted to $3,016 per ton, growing by 1.9% against the previous year.

This report provides an in-depth analysis of the couscous market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10731200 - Couscous

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023