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World - Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Rice - Market Analysis, Forecast, Size, Trends and Insights

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Apr 19, 2018

China Emerges as the Largest Rice Importer in the World

IndexBox has just published a new report "World: Rice - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, Rice Consumption Reached Its Maximum Level

Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the global rice consumption reached its maximum volume in 2016, and is likely to continue its growth in the immediate term due to Asian population growth.

In 2016, the countries with the highest consumption were China (X% based on tons), India (X%) and Indonesia (X%), together comprising X% of total consumption. They were followed by India, Indonesia, Bangladesh, Vietnam, Myanmar, Thailand, Philippines, Brazil and Japan.

From 2007 to 2016, the most notable growth rates of rice consumption among the main consuming countries was attained by Indonesia (+X% per year from 2007 to 2016), Vietnam (+X% per year) and Bangladesh (+X% per year), while the other global leaders indicated relatively stable consumption trend pattern.

The highest levels of rice per capita consumption was registered in Myanmar (X kg per year), Vietnam (X kg per year), Thailand (X kg per year), Bangladesh (X kg per year) and Indonesia (X kg per year), while the average per capita consumption of rice was estimated at X kg/year in 2016.

Consumption of Rice Is Expected to Overcome X Tons by the End of 2025

Rice is a traditional staple food in many countries of the world, especially in Asia, therefore rice consumption is determined by the population needs in food. Consequently, the world consumption of rice is not subject to strong fluctuations. In the future, it is expected that due to sustainable growth in population and development of agricultural practices, which impove rice yields and strengthen rice supply, market performance is to continue its mild upward trend. Rice consumption is to grow with an anticipated CAGR of +X% for the nine-year period from 2016 to 2025, which is expected to lead the market to a volume of X tons by the end of 2025.

China and India Remained the Leading Rice Producers

Global rice production amounted to X in 2016 (in terms of milled rice weight). Overall, the rice supply pursued a stable growth from 2007 to 2016.

The countries with the highest levels of production in 2016 were China (X tons) and India (X tons), together accounting for X% of rice supply. They were followed by Indonesia, Bangladesh, Vietnam, Thailand, Myanmar, Philippines, Brazil and Japan, which all lagged somewhat behind.

India, Thailand and Vietnam Were the Main Rice Exporters

In 2016, the volume of global exports totaled X tons (this figure refers to a sum of semi-milled or wholly milled rice broken rice and husked (brown) rice), which was X% less than the year before. Hovewer, from 2007 to 2016, the global rice exports indicated a pronounced growth, with a CAGR of +X%. In 2016, the value of global rice exports totaled $X, which was -X% less than the year before. The annual growth rate of rice exports was +X% per year from 2007 to 2015.

India (X%), Thailand (X%) and Vietnam (X%) were the main suppliers of rice in the world, together made up X% of global rice exports. Among these countries, India (+X% per year) and Vietnam (+X% per year) exports steady increased over the period under review, while Thailand milled rice exports dropped by -X% from 2007 to 2016. The share of India (+X percentage points) significantly strengthened its position in the global rice exports, while the share of Thailand (-X percentage points) decreased significantly.

China Emerged as the Largest Rice Importer in the World

The volume of global rice imports totaled X tons in 2016 (in terms of milled rice weight). Imports dynamics was generally in line with exports: these trade flows globally complement each other. From 2007 to 2016, global rice imports remained relatively stable, however, indicating some noticable fluctuations in certain years. In 2016, global rice imports stood at $X in value terms. From 2007 to 2016, the value of global rice imports increased with an average annual rate of +X%.

China (X% of global imports in 2016) was the key rice importer in the world. Except China, the main importers of rice were Indonesia (X%), the United Arab Emirates (X%), Benin (X%) and Saudi Arabia (X%), all this countries together made up X% share of global rice imports in 2016. China had the highest growth rates of imports, which accounted for +X% per year from 2007-2016. The other countries had more moderate growth rates over the same period: Benin (+X% per year) and the United Arab Emirates (+X% per year).

While the share of China rice imports (+X percentage points) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

Do you want to know more about global rice market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • rice market share
  • rice prices
  • rice industry
  • rice sales
  • rice import
  • rice export
  • rice market forecast
  • rice price forecast
  • key rice producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global rice market. 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:

  • FCL 27 - Rice, paddy

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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