EU: Milled Rice Market 2020

Milled Rice Market Size in the EU

In 2019, the EU milled rice market increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Milled Rice Production in the EU

In value terms, milled rice production declined to $X in 2019 estimated in export prices. In general, production recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

The countries with the highest volumes of milled rice production in 2019 were Italy (X tons), Spain (X tons) and Greece (X tons), together comprising X% of total production. These countries were followed by Belgium, Portugal, the UK, France, Poland, Romania and Germany, which together accounted for a further X 2007 to 2019, the biggest increases were in Romania, while milled rice production for the other leaders experienced more modest paces of growth.

In 2019, the average milled rice yield in the European Union was estimated at X tons per ha, flattening at 2018 figures. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the yield increased by X% y-o-y. Over the period under review, the milled rice yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The milled rice harvested area amounted to X ha in 2019, standing approx. at 2018 figures. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2011; however, from 2012 to 2019, the harvested area remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of milled rice production in 2019 were Italy (X tons), Spain (X tons) and Greece (X tons), together accounting for X% of total production. These countries were followed by Belgium, Portugal, the UK, France and Poland, which together accounted for a further X 2007 to 2019, the biggest increases were in Poland, while milled rice production for the other leaders experienced more modest paces of growth.

Milled Rice Exports

Exports in the EU

After three years of growth, shipments abroad of milled rice decreased by -X% to X tons in 2019. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2018, and then declined slightly in the following year.

In value terms, milled rice exports contracted slightly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Italy (X tons) was the largest exporter of milled rice, generating X% of total exports. Belgium (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Spain (X%) and the Netherlands (X%). Portugal (X tons), Germany (X tons), Greece (X tons), the UK (X tons), France (X tons), Bulgaria (X tons) and Poland (X tons) took a little 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 Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest milled rice supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: Belgium (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2019, the milled rice export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

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

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

Milled Rice Imports

Imports in the EU

In 2019, overseas purchases of milled rice increased by X% to X tons, rising for the fourth consecutive year after two years of decline. The total import volume 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 in certain years. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. The volume of import peaked in 2019 and is likely to see steady growth in years to come.

In value terms, milled rice imports rose modestly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are likely to see steady growth in the near future.

Imports by Country

In 2019, the UK (X tons), France (X tons), Belgium (X tons), Germany (X tons) and the Netherlands (X tons) was the key importer of milled rice in the European Union, constituting X% of total import. Spain (X tons) ranks next in terms of the total imports with a X% share, followed by Italy (X%) and Poland (X%).

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by the Netherlands, Belgium, Italy, Spain and Poland, which together accounted for a further X Netherlands saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the milled rice import price in the European Union amounted to $X per ton, approximately reflecting the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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