Argentina: Brown Rice Market 2020

Brown Rice Exports

Exports from Argentina

Brown rice exports from Argentina amounted to X tons in 2018, declining by -X% against the previous year. Overall, brown rice exports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, brown rice exports attained their maximum at X tons in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, brown rice exports stood at $X in 2018. In general, brown rice exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, brown rice exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

Brazil (X tons) was the main destination for brown rice exports from Argentina, with a X% share of total exports. Moreover, brown rice exports to Brazil exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The U.S. (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Brazil totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the U.S. (+X% per year).

In value terms, Brazil ($X) remains the key foreign market for brown rice exports from Argentina, comprising X% of total brown rice exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Brazil stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average brown rice export price stood at $X per ton in 2018, approximately equating the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. In that year, the average export prices for husked (brown) rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for husked (brown) rice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Brown Rice Imports

Imports into Argentina

In 2018, the imports of husked (brown) rice into Argentina amounted to X tons, increasing by X% against the previous year. Overall, brown rice imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at X tons in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, brown rice imports totaled $X in 2018. Over the period under review, brown rice imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, Uruguay (X tons) constituted the largest supplier of brown rice to Argentina, accounting for a X% share of total imports. Moreover, brown rice imports from Uruguay exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), threefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Uruguay amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and India (+X% per year).

In value terms, the largest brown rice suppliers to Argentina were Uruguay ($X), Pakistan ($X) and India ($X), together comprising X% of total imports. Thailand and the U.S. lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average brown rice import price stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the import price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, brown rice import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for husked (brown) rice attained their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was India ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Uruguay, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform