India: Milled Rice Market 2020

Milled Rice Market Size in India

The revenue of the milled rice market in India amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the milled rice market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Milled Rice Production in India

In value terms, milled rice production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase 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, milled rice production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when production volume increased by X% against the previous year. Over the period under review, milled rice production attained its maximum level at $X in 2009; however, from 2010 to 2018, production remained at a lower figure.

Average yield of milled rice in India totaled X ton per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Milled rice yield peaked in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of milled rice were harvested in India; approximately equating the previous year. In general, the milled rice harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, the milled rice harvested area reached its peak level of X ha. From 2009 to 2018, the growth of the milled rice harvested area failed to regain its momentum.

Milled Rice Exports

Exports from India

Milled rice exports from India stood at X tons in 2018, shrinking by -X% against the previous year. In general, milled rice exports, however, continue to indicate remarkable growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, milled rice exports attained their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports amounted to $X in 2018. Overall, milled rice exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, milled rice exports reached their peak of $X. From 2014 to 2018, the growth of milled rice exports failed to regain its momentum.

Exports by Country

Iran (X tons), Bangladesh (X tons) and Benin (X tons) were the main destinations of milled rice exports from India, with a combined X% share of total exports. Saudi Arabia, Senegal, the United Arab Emirates, Guinea, Iraq, Cote d'Ivoire, Nepal, the UK and Somalia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Guinea (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Saudi Arabia ($X) and Iraq ($X) appeared to be the largest markets for milled rice exported from India worldwide, with a combined X% share of total exports. These countries were followed by the United Arab Emirates, Benin, Bangladesh, the UK, Senegal, Guinea, Nepal, Cote d'Ivoire and Somalia, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to market size, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price indicated a prominent increase 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, milled rice export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for milled rice reached their maximum at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

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

Milled Rice Imports

Imports into India

In 2018, the amount of milled rice imported into India amounted to X tons, increasing by X% against the previous year. In general, milled rice imports, however, continue to indicate a moderate downturn. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, milled rice imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports stood at $X in 2018. In general, milled rice imports, however, continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

Myanmar (X tons), Niger (X tons) and Sudan (X tons) were the main suppliers of milled rice imports to India, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Myanmar, while imports for the other leaders experienced mixed trend patterns.

In value terms, Myanmar ($X) constituted the largest supplier of milled rice to India, comprising X% of total milled rice imports. The second position in the ranking was occupied by Niger ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Myanmar was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Niger (-X% per year) and Sudan (X% per year).

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, dropping by -X% against the previous year. In general, the milled rice import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, the average import prices for milled rice reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Myanmar ($X per ton), while the price for Sudan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sudan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform