Australia: Milled Rice Market 2020

Milled Rice Market Size in Australia

The revenue of the milled rice market in Australia amounted to $X in 2018, rising by X% against the previous year. In general, milled rice consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the milled rice market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Milled Rice Production in Australia

In value terms, milled rice production stood at $X in 2018 estimated in export prices. In general, milled rice production continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 when production volume increased by X% year-to-year. Milled rice production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of milled rice in Australia totaled X ton per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the average milled rice yield attained its peak figure level at X ton per ha in 2014; however, from 2015 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the milled rice harvested area in Australia amounted to X ha, approximately equating the previous year. Over the period under review, the milled rice harvested area continues to indicate an extraordinary expansion. Over the period under review, the harvested area dedicated to milled rice production reached its peak figure in 2018 and is likely to see steady growth in the immediate term.

Milled Rice Exports

Exports from Australia

In 2018, the amount of milled rice exported from Australia stood at X tons, going up by X% against the previous year. In general, milled rice exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, milled rice exports attained their maximum at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, milled rice exports stood at $X in 2018. Overall, milled rice exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

Solomon Islands (X tons), Israel (X tons) and Saudi Arabia (X tons) were the main destinations of milled rice exports from Australia, with a combined X% share of total exports. Jordan, New Zealand, Japan, China, Hong Kong SAR, Kiribati, Taiwan, Chinese, Turkey, Thailand and Kuwait lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Thailand, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for milled rice exported from Australia were Solomon Islands ($X), Saudi Arabia ($X) and Israel ($X), together comprising X% of total exports. Jordan, New Zealand, Japan, China, Hong Kong SAR, Kuwait, Taiwan, Chinese, Kiribati, Turkey and Thailand lagged somewhat behind, together accounting for a further X the main countries of destination, Thailand experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price indicated a conspicuous expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Kiribati ($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 Kuwait, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Australia

In 2018, approx. X tons of milled rice were imported into Australia; picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports totaled $X in 2018. Overall, the total imports indicated a strong increase from 2007 to 2018: its value 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, milled rice imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), India (X tons) and Pakistan (X tons) were the main suppliers of milled rice imports to Australia, together comprising X% of total imports. Vietnam, the U.S. and Italy lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Vietnam, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Australia were Thailand ($X), India ($X) and Pakistan ($X), together comprising X% of total imports. These countries were followed by the U.S., Vietnam and Italy, which together accounted for a further X terms of the main suppliers, Vietnam recorded the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, stabilizing at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform