Report Update Nov 1, 2024

Ireland - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Paddy Rice Market 2024

Paddy Rice Market Size in Ireland

In 2021, the Irish paddy rice market decreased by -71.5% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Paddy Rice Exports

Exports from Ireland

In 2021, the amount of paddy rice exported from Ireland surged to X tons, with an increase of 50% compared with the previous year. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 483%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, paddy rice exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 461%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for paddy rice exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -17.9%.

In value terms, the UK ($X) also remains the key foreign market for paddy rice exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to -11.8%.

Export Prices by Country

In 2021, the average paddy rice export price amounted to $X per ton, waning by -6.5% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 138%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +7.5% per year.

Paddy Rice Imports

Imports into Ireland

In 2021, imports of paddy rice into Ireland declined sharply to X tons, waning by -71.9% on the year before. In general, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2016 with an increase of 22%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, paddy rice imports reduced remarkably to $X in 2021. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 12% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Spain (X tons) were the main suppliers of paddy rice imports to Ireland, with a combined 87% share of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +60.1%), while purchases for the other leaders experienced a decline.

In value terms, the UK ($X), the Netherlands ($X) and France ($X) were the largest paddy rice suppliers to Ireland, with a combined 85% share of total imports. These countries were followed by Spain, the Czech Republic, Italy and Thailand, which together accounted for a further 13%.

Among the main suppliers, Spain, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average paddy rice import price stood at $X per ton in 2021, rising by 11% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paddy rice import price increased by +95.5% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 39%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+95.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice paddy in the world?

The countries with the highest volumes of rice paddy consumption in 2021 were China, India and Bangladesh, together comprising 59% of global consumption.

What are the largest producers of rice paddy in the world?

The countries with the highest volumes of rice paddy production in 2021 were China, India and Bangladesh, with a combined 59% share of global production.

What are the leading suppliers of rice paddy to Ireland?

In value terms, the largest rice paddy suppliers to Ireland were the UK, the Netherlands and France, with a combined 85% share of total imports. These countries were followed by Spain, the Czech Republic and Italy, which together accounted for a further 13%.

What are the leading importers of rice paddy from Ireland?

In value terms, the UK remains the key foreign market for rice paddy exports from Ireland.

What is the average export price for rice paddy in Ireland?

In 2021, the average rice paddy export price amounted to $1,589 per ton, shrinking by -8.8% against the previous year.

What is the average import price for rice paddy in Ireland?

The average rice paddy import price stood at $1,883 per ton in 2021, growing by 10% against the previous year.

This report provides an in-depth analysis of the paddy rice market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 27 - Rice, paddy

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023