Italy: Milled Rice Market 2020

Milled Rice Market Size in Italy

The revenue of the milled rice market in Italy amounted to $X in 2018, surging by X% against the previous year. Overall, milled rice consumption continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the milled rice market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Milled Rice Production in Italy

In value terms, milled rice production amounted to $X in 2018 estimated in export prices. In general, milled rice production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, milled rice production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Average yield of milled rice in Italy stood at X ton per ha in 2018, remaining stable against the previous year. Overall, the milled rice yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when yield increased by X% y-o-y. Over the period under review, the average milled rice yield reached its peak figure level at X ton per ha in 2016; however, from 2017 to 2018, yield failed to regain its momentum. 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 Italy; remaining stable against the previous year. Over the period under review, the milled rice harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to milled rice production reached its maximum at X ha in 2010; however, from 2011 to 2018, harvested area failed to regain its momentum.

Milled Rice Exports

Exports from Italy

In 2018, the exports of milled rice from Italy totaled X tons, dropping by -X% against 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 2010 when exports increased by X% y-o-y. In that year, milled rice exports attained their peak of X tons. From 2011 to 2018, the growth of milled rice exports remained at a somewhat lower figure.

In value terms, milled rice exports stood at $X in 2018. The total export value increased at an average annual rate of +X% over the period 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. In that year, milled rice exports attained their peak of $X. From 2009 to 2018, the growth of milled rice exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of milled rice exports from Italy, together comprising X% of total exports. These countries were followed by Belgium, Turkey, Poland, the Czech Republic, the Netherlands, Switzerland, Hungary, Spain and Austria, which together accounted for 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 Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for milled rice exported from Italy were France ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. Turkey, Belgium, Poland, Austria, the Czech Republic, the Netherlands, Switzerland, Spain and Hungary lagged somewhat behind, together comprising a further X recorded the highest growth rate of market size, among 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, going up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for milled rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for milled rice 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 Austria ($X per ton), while the average price for exports to Hungary ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Italy

In 2018, the milled rice imports into Italy amounted to X tons, picking up by X% against the previous year. Overall, the total imports indicated a moderate 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. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, milled rice imports totaled $X in 2018. In general, milled rice imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, milled rice imports reached their peak of $X. From 2009 to 2018, the growth of milled rice imports failed to regain its momentum.

Imports by Country

India (X tons), Pakistan (X tons) and Thailand (X tons) were the main suppliers of milled rice imports to Italy, with a combined X% share of total imports. Cambodia, Egypt, Guyana, France, Belgium, the UK and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Guyana, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Pakistan ($X) and Thailand ($X) appeared to be the largest milled rice suppliers to Italy, with a combined X% share of total imports. These countries were followed by Egypt, Cambodia, France, the UK, the Netherlands, Guyana and Belgium, which together accounted for a further X experienced the highest rates of growth with regard to market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, declining by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for milled rice reached their peak figure at $X per ton in 2013; however, from 2014 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 Pakistan ($X per ton), while the price for Guyana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform