Puerto Rico: Couscous Market 2022

Couscous Market Size in Puerto Rico

The Puerto Rican couscous market was estimated at less than $X in 2020, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern.

Couscous Exports

Exports by Country

Italy was the key exporting country with an export of around X tons, which finished at X% of total exports. Morocco (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%) and Tunisia (X%). Israel (X tons), Canada (X tons), Turkey (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Morocco ($X) and France ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of total exports. These countries were followed by Israel, Belgium, Canada, Tunisia and Turkey, which together accounted for a further X the main exporting countries, Turkey, with a CAGR of +X%, saw 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Couscous Imports

Imports by Country

France was the key importer of couscous in the world, with the volume of imports reaching X tons, which was near X% of total imports in 2021. It was distantly followed by the UK (X tons), Belgium (X tons), Germany (X tons), the United States (X tons) and Spain (X tons), together making up a X% share of total imports. Italy (X tons), Senegal (X tons), Russia (X tons), the Netherlands (X tons), Ukraine (X tons), Benin (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to couscous imports into France stood at +X%. At the same time, Ukraine (+X%), Russia (+X%), Poland (+X%), Germany (+X%), Benin (+X%), the Netherlands (+X%), Italy (+X%), the UK (+X%), Spain (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. The United States and Senegal experienced a relatively flat trend pattern. While the share of Germany (+X p.p.), Russia (+X p.p.) and Ukraine (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Senegal (-X p.p.) and the United States (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported couscous into Puerto Rico, comprising X% of global imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In France, couscous imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the United States (+X% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Benin ($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 (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform