Czech Republic: Milled Rice Market 2020

Milled Rice Market Size in the Czech Republic

The revenue of the milled rice market in the Czech Republic amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period 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 when the market value increased by X% against the previous year. Milled rice consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Milled Rice Production in the Czech Republic

In value terms, milled rice production amounted to $X in 2018 estimated in export prices. Overall, milled rice production continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 when production volume increased by X% year-to-year. In that year, milled rice production attained its peak level and is likely to continue its growth in the immediate term.

In 2018, the average yield of milled rice in the Czech Republic amounted to X kg per ha, approximately mirroring the previous year. In general, the milled rice yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of milled rice production in the Czech Republic totaled X ha, standing approx. at the previous year. In general, the milled rice harvested area continues to indicate a relatively flat trend pattern.

Milled Rice Exports

Exports from the Czech Republic

Milled rice exports from the Czech Republic totaled X tons in 2018, reducing by -X% against the previous year. Over the period under review, milled rice exports, however, continue to indicate a temperate expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports stood at $X in 2018. In general, milled rice exports, however, continue to indicate a conspicuous increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

Slovakia (X tons) was the main destination for milled rice exports from the Czech Republic, with a X% share of total exports. Moreover, milled rice exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X tons), threefold. Germany (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 Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Germany (+X% per year).

In value terms, Slovakia ($X) remains the key foreign market for milled rice exports from the Czech Republic, comprising X% of total milled rice exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, going up by X% against the previous year. Over the period under review, the milled rice export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for milled rice reached their maximum 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 Norway ($X per ton), while the average price for exports to Hungary ($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 Norway, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into the Czech Republic

In 2018, the imports of milled rice into the Czech Republic totaled X tons, jumping by X% against the previous year. In general, the total imports indicated a significant 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 imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, milled rice imports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, milled rice imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Italy (X tons) constituted the largest milled rice supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, milled rice imports from Italy exceeded the figures recorded by the second-largest supplier, Cambodia (X tons), twofold. Thailand (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 Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+X% per year) and Thailand (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of milled rice to the Czech Republic, comprising X% of total milled rice imports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, growing by X% against the previous year. In general, the milled rice import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. In that year, the average import prices for milled rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for milled rice failed to regain its momentum.

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

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

Source: IndexBox Platform