Cambodia: Rice Market 2020

Rice Exports

Exports from Cambodia

In 2018, approx. X tons of rice were exported from Cambodia; jumping by X% against the previous year. Overall, rice exports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, rice exports stood at $X in 2018. In general, rice exports continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

China (X tons) was the main destination for rice exports from Cambodia, accounting for a X% share of total exports. Moreover, rice exports to China exceeded the volume sent to the second major destination, France (X tons), twofold. Germany (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 China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Germany (+X% per year).

In value terms, the largest markets for rice exported from Cambodia were China ($X), France ($X) and Malaysia ($X), together comprising X% of total exports. These countries were followed by Germany, the Netherlands, Poland, the UK, Italy, China, Hong Kong SAR, the Czech Republic and Belgium, which together accounted for a further X, Hong Kong SAR (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rice export price stood at $X per ton in 2018, remaining stable against 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 an increase of X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 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 Malaysia ($X per ton), while the average price for exports to Poland ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Rice Imports

Imports into Cambodia

In 2018, the amount of rice imported into Cambodia amounted to X tons, waning by -X% against the previous year. Overall, rice imports continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, rice imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, rice imports stood at $X in 2018. In general, rice imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. In that year, rice imports attained their peak of $X. From 2017 to 2018, the growth of rice imports remained at a lower figure.

Imports by Country

Vietnam (X tons), Thailand (X tons) and the U.S. (X tons) were the main suppliers of rice imports to Cambodia, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S., while the other leaders experienced a decline.

In value terms, Vietnam ($X), Thailand ($X) and the U.S. ($X) appeared to be the largest rice suppliers to Cambodia, together accounting for X% of total imports.

In terms of the main suppliers, the U.S. recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average rice import price amounted to $X per ton, increasing by X% against the previous year. In general, the rice import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2012 when the average import price increased by X% against the previous year. In that year, the average import prices for rice attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average import prices for rice remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform