Russian Federation: Couscous Market 2024

Couscous Market Size in the Russian Federation

The Russian couscous market stood at $X in 2021, surging by 3.6% against the previous year. In general, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Couscous Production in the Russian Federation

In value terms, couscous production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt descent. The growth pace was the most rapid in 2019 when the production volume increased by 14%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Couscous Exports

Exports from the Russian Federation

In 2021, overseas shipments of couscous increased by 35% to X tons, rising for the fifth consecutive year after three years of decline. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 73%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, couscous exports surged to $X in 2021. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 60%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Belarus (X tons) was the main destination for couscous exports from Russia, accounting for a 47% share of total exports. Moreover, couscous exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus totaled +63.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+25.2% per year) and Ukraine (+32.4% per year).

In value terms, Belarus ($X), Kazakhstan ($X) and Moldova ($X) appeared to be the largest markets for couscous exported from Russia worldwide, with a combined 72% share of total exports.

In terms of the main countries of destination, Belarus, with a CAGR of +55.7%, 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, surging by 2.1% against the previous year. In general, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 5.5% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Belarus ($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 Moldova (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Couscous Imports

Imports into the Russian Federation

In 2021, imports of couscous into Russia expanded slightly to X tons, increasing by 5% on 2020. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 92% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, couscous imports expanded remarkably to $X in 2021. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2013 when imports increased by 61%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Tunisia (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of couscous imports to Russia, together accounting for 96% of total imports. Morocco and Denmark lagged somewhat behind, together comprising a further 3.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +71.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest couscous suppliers to Russia were Tunisia ($X), Italy ($X) and Denmark ($X), with a combined 94% share of total imports.

Denmark, with a CAGR of +84.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average couscous import price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2014 an increase of 3.3% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Denmark ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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