Australia and Oceania: Paddy Rice Market 2025

Paddy Rice Market Size in Australia and Oceania

The paddy rice market in Australia and Oceania contracted notably to $X in 2022, which is down by -43.2% against the previous year. Overall, consumption recorded a abrupt shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Paddy Rice Production in Australia and Oceania

In value terms, paddy rice production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production faced a deep contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 2,460% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Australia (X tons) remains the largest paddy rice producing country in Australia and Oceania, comprising approx. 95% of total volume. Moreover, paddy rice production in Australia exceeded the figures recorded by the second-largest producer, Fiji (X tons), more than tenfold.

In Australia, paddy rice production declined by an average annual rate of -12.7% over the period from 2012-2022.

The average paddy rice yield declined rapidly to X tons per ha in 2022, falling by -46.7% compared with the previous year's figure. Over the period under review, the yield saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 696%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The paddy rice harvested area expanded rapidly to X ha in 2022, increasing by 7.3% compared with the previous year's figure. In general, the harvested area, however, showed a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 10% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the paddy rice harvested area remained at a somewhat lower figure.

Paddy Rice Exports

Exports in Australia and Oceania

In 2022, exports of paddy rice in Australia and Oceania skyrocketed to X tons, jumping by 130% compared with 2021. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,185% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, paddy rice exports soared to $X in 2022. Over the period under review, exports showed a tangible increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,252%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X tons) and Fiji (X tons) represented roughly 99% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of +11.4%).

In value terms, the largest paddy rice supplying countries in Australia and Oceania were Fiji ($X) and Australia ($X).

Fiji, with a CAGR of +9.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, which is down by -34.6% against the previous year. In general, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 200% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.1%).

Paddy Rice Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of paddy rice increased by 4.7% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 423% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, paddy rice imports expanded remarkably to $X in 2022. Overall, imports showed noticeable growth. The most prominent rate of growth was recorded in 2016 when imports increased by 211%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Solomon Islands prevails in imports structure, recording X tons, which was approx. 83% of total imports in 2022. It was distantly followed by Australia (X tons), achieving a 5.3% share of total imports. The following importers - New Zealand (X tons), Papua New Guinea (X tons) and Northern Mariana Islands (X tons) - together made up 7.7% of total imports.

From 2012 to 2022, average annual rates of growth with regard to paddy rice imports into Solomon Islands stood at +24.1%. At the same time, Australia (+44.5%), Papua New Guinea (+34.7%) and New Zealand (+27.3%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +44.5% from 2012-2022. By contrast, Northern Mariana Islands (-12.1%) illustrated a downward trend over the same period. Solomon Islands (+64 p.p.), Australia (+5.1 p.p.), New Zealand (+2.6 p.p.), Papua New Guinea (+2.4 p.p.) and Northern Mariana Islands (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Solomon Islands ($X) constitutes the largest market for imported paddy rice in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was taken by Australia ($X), with a 6.6% share of total imports. It was followed by New Zealand, with a 6.2% share.

In Solomon Islands, paddy rice imports expanded at an average annual rate of +19.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (+41.5% per year) and New Zealand (+28.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by 65%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Northern Mariana Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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