Canada: Broken Rice Market 2020

Broken Rice Exports

Exports from Canada

In 2018, approx. X tons of broken rice were exported from Canada; dropping by -X% against the previous year. Overall, broken rice exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, broken rice exports attained their peak figure at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, broken rice exports amounted to $X in 2018. Over the period under review, broken rice exports continue to indicate a temperate slump. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. In that year, broken rice exports attained their peak of $X. From 2013 to 2018, the growth of broken rice exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tons), Ghana (X tons) and the UK (X tons) were the main destinations of broken rice exports from Canada, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ghana, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Ghana ($X) and Trinidad and Tobago ($X) constituted the largest markets for broken rice exported from Canada worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Ghana (+X% per year) recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average broken rice export price stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the export price indicated a resilient 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, broken rice export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. In that year, the average export prices for broken rice reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Ghana ($X per ton), while the average price for exports to the UK ($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 more modest paces of growth.

Broken Rice Imports

Imports into Canada

In 2018, the amount of broken rice imported into Canada totaled X tons, picking up by X% against the previous year. In general, broken rice imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. In that year, broken rice imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, broken rice imports stood at $X in 2018. Overall, the total imports indicated strong growth from 2007 to 2018: its value 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, broken rice imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons) constituted the largest supplier of broken rice to Canada, with a X% share of total imports. Moreover, broken rice imports from the U.S. exceeded the figures recorded by the second-largest supplier, Myanmar (X tons), fourfold. Vietnam (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 the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+X% per year) and Vietnam (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of broken rice to Canada, comprising X% of total broken rice imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2018, the average broken rice import price amounted to $X per ton, shrinking by -X% against the previous year. In general, the broken rice import price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for broken rice attained their peak figure at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per ton), while the price for Myanmar ($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 a decline.

Source: IndexBox Platform