United Kingdom: Couscous Market 2024

Couscous Market Size in the UK

The UK couscous market dropped slightly to $X in 2021, reducing by -3.4% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +10.6% against 2019 indices. Couscous consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Couscous Production in the UK

In value terms, couscous production surged to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 26%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Couscous Exports

Exports from the UK

Couscous exports from the UK reduced rapidly to X tons in 2021, declining by -48.7% on the previous year's figure. Over the period under review, exports continue to indicate a perceptible setback. The growth pace was the most rapid in 2020 when exports increased by 45%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, couscous exports contracted significantly to $X in 2021. In general, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 33%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Ireland (X tons) and the United States (X tons) were the main destinations of couscous exports from the UK, together accounting for 51% of total exports. These countries were followed by Belgium, France, Australia and Lithuania, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +92.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for couscous exported from the UK were Australia ($X), the United States ($X) and the Netherlands ($X), with a combined 58% share of total exports. These countries were followed by Ireland, Belgium, France and Lithuania, which together accounted for a further 26%.

Among the main countries of destination, Lithuania, with a CAGR of +90.6%, 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, jumping by 25% against the previous year. Overall, the export price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2016 an increase of 63%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to France ($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 (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Couscous Imports

Imports into the UK

In 2021, approx. X tons of couscous were imported into the UK; declining by -22.7% on 2020. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 58%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, couscous imports shrank to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.3% 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 +13.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 33%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest couscous supplier to the UK, with a 61% share of total imports. Moreover, couscous imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.3% per year) and the Netherlands (+135.8% per year).

In value terms, France ($X) constituted the largest supplier of couscous to the UK, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from France stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+146.5% per year) and Italy (+5.9% per year).

Import Prices by Country

In 2021, the average couscous import price amounted to $X per ton, rising by 19% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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