Canada: Milled Rice Market 2020

Milled Rice Market Size in Canada

The revenue of the milled rice market in Canada amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the milled rice market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Milled Rice Exports

Exports from Canada

In 2018, approx. X tons of milled rice were exported from Canada; surging by X% against the previous year. Overall, the total exports indicated a strong expansion from 2007 to 2018: its volume 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 exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, milled rice exports attained their maximum at X tons in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, milled rice exports totaled $X in 2018. In general, milled rice exports continue to indicate resilient growth. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The U.S. (X tons) was the main destination for milled rice exports from Canada, accounting for a X% share of total exports. Moreover, milled rice exports to the U.S. exceeded the volume sent to the second major destination, Niger (X tons), fourfold. Egypt (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+X% per year) and Egypt (+X% per year).

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

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

Export Prices by Country

The average milled rice export price stood at $X per ton in 2018, remaining stable against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017, leveling off in the following year.

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

Milled Rice Imports

Imports into Canada

In 2018, approx. X tons of milled rice were imported into Canada; jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, milled rice imports attained their peak figure at X tons in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, milled rice imports amounted to $X in 2018. Over the period under review, 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. The pace of growth was the most pronounced in 2018 with an increase of 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 milled rice to Canada, with a X% share of total imports. Moreover, milled rice imports from the U.S. exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. 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 the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and India (+X% per year).

In value terms, the U.S. ($X), Thailand ($X) and India ($X) were the largest milled rice suppliers to Canada, with a combined X% share of total imports. Pakistan, Vietnam, Italy and Myanmar lagged somewhat behind, together accounting for a further X the main suppliers, Vietnam experienced 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

In 2018, the average milled rice import price amounted to $X per ton, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for milled rice attained their peak figure in 2018 and is likely to see steady 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 Pakistan ($X per ton), while the price for Myanmar ($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 more modest paces of growth.

Source: IndexBox Platform