U.S. - Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

U.S. - Rice - Market Analysis, Forecast, Size, Trends and Insights

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Rice Prices in the United States

U.S. Rice Export Price per Ton in August 2022

In August 2022, the rice price per ton stood at $730.3 (FOB, US), waning by -10% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +3.1%. The pace of growth was the most pronounced in April 2022 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices attained the maximum at $811.5 per ton in July 2022, and then dropped in the following month.

There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Japan ($1.2K per ton), while the average price for exports to Honduras ($310.0 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Rice Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was semi-milled or wholly milled (bleached) rice ($954.6 per ton), while the average price for exports of paddy rice ($427.9 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: milled rice (+2.7%), while the prices for the other products experienced more modest paces of growth.

U.S. Rice Exports

In August 2022, approximately 197K tons of rice were exported from the United States; rising by 17% on July 2022. Over the period under review, exports, however, recorded a perceptible curtailment.

In value terms, rice exports reached $144M (IndexBox estimates) in August 2022. In general, exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in June 2022 with an increase of 21% m-o-m. As a result, the exports reached the peak of $179M. From July 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.

U.S. Rice Exports by Type

Semi-milled or wholly milled (bleached) rice (106K tons), paddy rice (79K tons) and husked (brown) rice (8.3K tons) were the main products of rice exports from the United States, together accounting for 98% of total exports. These products were followed by broken rice, which accounted for a further 1.7%.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by brown rice (with a CAGR of +2.1%), while the other products experienced a decline.

In value terms, semi-milled or wholly milled (bleached) rice ($101M) remains the largest type of rice exported from the United States, comprising 70% of total exports. The second position in the ranking was taken by paddy rice ($34M), with a 24% share of total exports. It was followed by husked (brown) rice, with a 4.5% share.

From January 2022 to August 2022, the average monthly growth rate of the export volume of semi-milled or wholly milled (bleached) rice was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: paddy rice (-4.4% per month) and husked (brown) rice (+1.1% per month).

U.S. Rice Exports by Country

Haiti (38K tons), Panama (28K tons) and Japan (26K tons) were the main destinations of rice exports from the United States, with a combined 47% share of total exports. These countries were followed by Canada, Nicaragua, Honduras, Mexico, Guatemala, Saudi Arabia and Taiwan (Chinese), which together accounted for a further 42%.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +116.4%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($31M), Haiti ($24M) and Canada ($20M) were the largest markets for rice exported from the United States worldwide, with a combined 52% share of total exports. Panama, Mexico, Nicaragua, Honduras, Guatemala, Saudi Arabia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Nicaragua, with a CAGR of +102.0%, 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.

Source: IndexBox Market Intelligence Platform

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

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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Free Data: Rice - United States