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United Kingdom - Couscous - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCouscous Price in the UK - 2023
Contents:
- Couscous Price in the UK (CIF) - 2023
- Couscous Price in the UK (FOB) - 2023
- Couscous Imports in the UK
- Couscous Exports in the UK
Couscous Price in the UK (CIF) - 2023
In June 2023, the average couscous import price amounted to $1,334 per ton, waning by -7.2% against the previous month. In general, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 36% against the previous month. The import price peaked at $1,613 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Bangladesh ($2,290 per ton), while the price for Turkey ($964 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Couscous Price in the UK (FOB) - 2023
The average couscous export price stood at $2,275 per ton in June 2023, which is down by -41% against the previous month. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 193% month-to-month. As a result, the export price attained the peak level of $11,048 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Malta ($4,252 per ton), while the average price for exports to France ($1,313 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Couscous Imports in the UK
Couscous imports into the UK reached 11K tons in 2022, surging by 13% against 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, couscous imports surged to $14M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Couscous in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.8 | 6.0 | 5.7 | 8.3 | 12.7% |
Italy | 1.6 | 1.5 | 1.7 | 2.4 | 14.5% |
Israel | 1.3 | 1.0 | 0.4 | 1.2 | -2.6% |
Morocco | 0.3 | 0.5 | 0.3 | 0.7 | 32.6% |
Bangladesh | 0.2 | 0.4 | 0.1 | 0.6 | 44.2% |
Tunisia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
Turkey | 0.4 | 0.4 | N/A | 0.2 | -20.6% |
Others | 0.7 | 2.9 | 3.3 | 0.6 | -5.0% |
Total | 10.4 | 12.8 | 11.8 | 14.3 | 11.2% |
Top Suppliers of Couscous to the UK in 2022:
- France (7.3K tons)
- Italy (1.7K tons)
- Israel (0.7K tons)
- Morocco (0.5K tons)
- Tunisia (0.3K tons)
- Turkey (0.2K tons)
- Bangladesh (0.2K tons)
Couscous Exports in the UK
In 2022, approx. 912 tons of couscous were exported from the UK; rising by 32% against the year before. In general, exports, however, showed a relatively flat trend pattern.
In value terms, couscous exports surged to $3.2M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 33%. As a result, the exports reached the peak of $4.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Couscous in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 456 | 333 | 647 | 1,395 | 45.2% |
Netherlands | 465 | 450 | 390 | 328 | -11.0% |
France | 313 | 189 | 125 | 234 | -9.2% |
Belgium | 177 | 153 | 221 | 229 | 9.0% |
Ireland | 971 | 1,090 | 333 | 197 | -41.2% |
Finland | 32.3 | 12.6 | 23.4 | 183 | 78.3% |
Ethiopia | N/A | N/A | 25.9 | 74.2 | 186.5% |
United States | N/A | 1,307 | 575 | 60.7 | -78.4% |
Iceland | 63.7 | 66.0 | 45.6 | 60.0 | -2.0% |
Lithuania | 49.1 | 57.6 | 42.4 | 54.4 | 3.5% |
Denmark | 126 | 58.7 | 29.8 | 20.7 | -45.2% |
Spain | 161 | 88.0 | 7.0 | 2.1 | -76.5% |
Others | 392 | 444 | 259 | 349 | -3.8% |
Total | 3,205 | 4,249 | 2,724 | 3,187 | -0.2% |
Top Export Markets for Couscous from the UK in 2022:
- Australia (190.8 tons)
- France (180.1 tons)
- Netherlands (123.1 tons)
- Belgium (102.2 tons)
- Ireland (88.2 tons)
- Finland (51.4 tons)
- Ethiopia (33.2 tons)
- Lithuania (28.0 tons)
- Iceland (15.2 tons)
- Denmark (10.0 tons)
- United States (6.0 tons)
- Spain (0.2 tons)
This report provides an in-depth analysis of the couscous market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The most notable rate of growth was observed in February 2023 with a 42% month-to-month increase in imports. In terms of value, Couscous imports decreased to $977K in December 2023.
In March 2023, the couscous price amounted to $1,383 per ton (CIF, United Kingdom), growing by 8.1% against the previous month.
UK imports of stuffed pasta and couscous grew by +15.8% y-o-y to $525M last year. Italy, China and France provide approximately 77% of the total volume imported into the UK. All these countries have significantly expanded their exports of stuffed pasta and couscous to the UK. Germany emerged as the fastest-growing supplier in terms of import value in 2020.
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