CIS: Milled Rice Market 2020

Milled Rice Market Size in CIS

The CIS milled rice market was finally on the rise to reach $X in 2019, after three years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Milled Rice Production in CIS

In value terms, milled rice production totaled $X in 2019 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. The level of production peaked at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Russia (X tons) constituted the country with the largest volume of milled rice production, accounting for X% of total volume. Moreover, milled rice production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), twofold. The third position in this ranking was occupied by Uzbekistan (X tons), with a X% share.

In Russia, milled rice production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Uzbekistan (+X% per year).

In 2019, the average milled rice yield in the CIS rose slightly to X tons per ha, increasing by X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the yield increased by X% against the previous year. Over the period under review, the milled rice yield attained the peak level in 2019 and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of milled rice production in the CIS totaled X ha, approximately mirroring 2018 figures. In general, the harvested area saw slight growth. The pace of growth was the most pronounced in 2010 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to milled rice production attained the peak figure at X ha in 2016; however, from 2017 to 2019, the harvested area remained at a lower figure.

Production By Country in CIS

The country with the largest volume of milled rice production was Russia (X tons), accounting for X% of total volume. Moreover, milled rice production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), twofold. The third position in this ranking was occupied by Uzbekistan (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Russia totaled +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Uzbekistan (+X% per year).

Milled Rice Exports

Exports in CIS

In 2019, the amount of milled rice exported in the CIS fell to X tons, with a decrease of -X% compared with the previous year. Overall, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, milled rice exports shrank to $X in 2019. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Russia (X tons) and Kazakhstan (X tons) dominates milled rice exports structure, together achieving X% of total exports. It was distantly followed by Tajikistan (X tons), achieving a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest milled rice supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

In Russia, milled rice exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Tajikistan (+X% per year).

Export Prices by Country

The milled rice export price in the CIS stood at $X per ton in 2019, approximately equating the previous year. Export price indicated mild growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, milled rice export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tajikistan, while the other leaders experienced mixed trends in the export price figures.

Milled Rice Imports

Imports in CIS

In 2019, after four years of decline, there was significant growth in supplies from abroad of milled rice, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, milled rice imports amounted to $X in 2019. Total imports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Russia (X tons) was the main importer of milled rice, creating X% of total imports. It was distantly followed by Uzbekistan (X tons), Azerbaijan (X tons), Tajikistan (X tons), Belarus (X tons) and Kazakhstan (X tons), together mixing up a X% share of total imports. Armenia (X tons) occupied a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of milled rice. At the same time, Uzbekistan (+X%), Azerbaijan (+X%), Tajikistan (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2019. By contrast, Belarus (-X%) and Armenia (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Uzbekistan, Azerbaijan, Tajikistan and Kazakhstan increased by +X%, +X%, +X% and +X% percentage points, while Russia (-X p.p.) and Armenia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported milled rice in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Azerbaijan (+X% per year) and Belarus (-X% per year).

Import Prices by Country

The milled rice import price in the CIS stood at $X per ton in 2019, approximately reflecting the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of import peaked at $X per ton in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Azerbaijan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Armenia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :