Asia: Couscous Market 2024

Couscous Market Size in Asia

The Asian couscous market reached $X in 2022, picking up by X% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Couscous Production in Asia

In value terms, couscous production rose slightly to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Couscous Exports

Exports in Asia

In 2022, overseas shipments of couscous increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, couscous exports surged to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the major exporter of couscous in Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Israel (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%). The following exporters - South Korea (X tons), Lebanon (X tons) and the United Arab Emirates (X tons) - each reached a X% share of total exports.

Turkey was also the fastest-growing in terms of the couscous exports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%), the United Arab Emirates (X%), Israel (X%) and Lebanon (X%) displayed positive paces of growth. By contrast, India (X%) illustrated a downward trend over the same period. Turkey (X p.p.), South Korea (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon, Israel and India saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest couscous supplying countries in Asia were Turkey ($X), Israel ($X) and India ($X), with a combined X% share of total exports. South Korea, the United Arab Emirates and Lebanon lagged somewhat behind, together accounting for a further X%.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Couscous Imports

Imports in Asia

In 2022, imports of couscous in Asia soared to X tons, surging by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, couscous imports soared to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Israel (X tons), distantly followed by India (X tons), the United Arab Emirates (X tons) and Qatar (X tons) represented the main importers of couscous, together constituting X% of total imports. Kazakhstan (X tons), China (X tons), Japan (X tons), Palestine (X tons) and Georgia (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Georgia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), India ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Qatar, Kazakhstan, Japan, China, Palestine and Georgia lagged somewhat behind, together comprising a further X%.

Georgia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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