China - Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2025

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

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Rice Prices in China

China Rice Import Price in August 2022

In August 2022, the rice price stood at $398 per ton (CIF, China), remaining constant against the previous month. In general, the import price, however, saw a slight curtailment. The pace of growth appeared the most rapid in April 2022 an increase of 2.2% against the previous month. The import price peaked at $432 per ton in January 2022; however, from February 2022 to August 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Cambodia ($595 per ton), while the price for India ($368 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

China Rice Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In August 2022, the product with the highest price was husked (brown) rice ($944 per ton), while the price for broken rice ($399 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by paddy rice (+103.6%), while the prices for the other products experienced mixed trend patterns.

China Rice Imports

In August 2022, purchases abroad of rice decreased by -3% to 482K tons, falling for the second consecutive month after three months of growth. Over the period under review, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in April 2022 with an increase of 14% against the previous month. Over the period under review, imports hit record highs at 659K tons in June 2022; however, from July 2022 to August 2022, imports stood at a somewhat lower figure.

In value terms, rice imports shrank modestly to $192M (IndexBox estimates) in August 2022. Overall, imports recorded a perceptible slump. The pace of growth appeared the most rapid in April 2022 when imports increased by 17% m-o-m. Over the period under review, imports reached the peak figure at 275K tons in May 2022; however, from June 2022 to August 2022, imports stood at a somewhat lower figure.

China Rice Imports by Type

Broken rice (111K tons), semi-milled or wholly milled (bleached) rice (91K tons) and husked (brown) rice (12 tons) were the main products of rice imports to China.

From January 2022 to August 2022, the biggest increases were in brown rice (with a CAGR of +8.8%), while purchases for the other products experienced a decline.

In value terms, the most traded types of rice in China were semi-milled or wholly milled (bleached) rice ($44M), broken rice ($44M) and husked (brown) rice ($11K).

China Rice Imports by Country

In August 2022, India (280K tons) constituted the largest supplier of rice to China, with a 58% share of total imports. Moreover, rice imports from India exceeded the figures recorded by the second-largest supplier, Myanmar (58K tons), fivefold. The third position in this ranking was taken by Pakistan (51K tons), with an 11% share.

From January 2022 to August 2022, the average monthly growth rate of volume from India amounted to +13.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Myanmar (-7.8% per month) and Pakistan (-16.9% per month).

In value terms, India ($103M) constituted the largest supplier of rice to China, comprising 54% of total imports. The second position in the ranking was taken by Vietnam ($25M), with a 13% share of total imports. It was followed by Myanmar, with a 12% share.

From January 2022 to August 2022, the average monthly growth rate of value from India totaled +15.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+7.4% per month) and Myanmar (-7.7% per month).

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024
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