Ireland: Milled Rice Market 2020

Milled Rice Exports

Exports from Ireland

In 2018, the exports of semi-milled or wholly milled (bleached) rice from Ireland amounted to X tons, standing approx. at the previous year. In general, milled rice exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Exports peaked at X tons in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, milled rice exports amounted to $X in 2018. Over the period under review, milled rice exports continue to indicate moderate growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, milled rice exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Spain (X tons) was the main destination for milled rice exports from Ireland, with a X% share of total exports. Moreover, milled rice exports to Spain exceeded the volume sent to the second major destination, the UK (X tons), eightfold. The third position in this ranking was occupied by Malta (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Malta (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Malta (+X% per year).

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for semi-milled or wholly milled (bleached) rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for semi-milled or wholly milled (bleached) rice remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 Uganda, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Ireland

In 2018, the amount of semi-milled or wholly milled (bleached) rice imported into Ireland stood at X tons, rising by X% against the previous year. In general, milled rice imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, milled rice imports amounted to $X in 2018. Over the period under review, the total imports indicated a buoyant increase from 2007 to 2018: its value 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 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, milled rice imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the UK (X tons) constituted the largest milled rice supplier to Ireland, accounting for a X% share of total imports. Moreover, milled rice imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Spain (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 the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of milled rice to Ireland, comprising X% of total milled rice imports. The second position in the ranking was occupied by the Netherlands ($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 the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for semi-milled or wholly milled (bleached) rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for semi-milled or wholly milled (bleached) rice remained 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 Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform