Northern America: Rice Market 2025

Rice Market Size in Northern America

The North American rice market reduced to $X in 2021, waning by -9.2% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Rice Production in Northern America

In value terms, rice production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 5.7%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The United States (X tons) constituted the country with the largest volume of rice production, comprising approx. 100% of total volume.

From 2012 to 2021, the average annual growth rate of volume in the United States was relatively modest.

In 2021, the average rice yield in Northern America rose markedly to X tons per ha, growing by 13% against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 33% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2021, the growth of the rice 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.

In 2021, the rice harvested area in Northern America shrank markedly to X ha, dropping by -16.7% against the previous year. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 23% against the previous year. Over the period under review, the harvested area dedicated to rice production attained the maximum at X ha in 2016; however, from 2017 to 2021, the harvested area stood at a somewhat lower figure.

Rice Exports

Exports in Northern America

In 2021, the amount of rice exported in Northern America expanded slightly to X tons, surging by 2.7% on the previous year. Overall, exports, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, rice exports rose slightly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 11% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X tons) represented the key exporter of rice in Northern America, generating 99% of total export.

The United States was also the fastest-growing in terms of the rice exports, with a CAGR of -1.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest rice supplier in Northern America.

In the United States, rice exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +0.5% per year.

Rice Imports

Imports in Northern America

In 2021, purchases abroad of rice decreased by -17.9% to X tons for the first time since 2016, thus ending a four-year rising trend. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, rice imports fell sharply to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-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 when imports increased by 30%. The level of import peaked at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

The United States was the major importer of rice in Northern America, with the volume of imports finishing at X tons, which was approx. 70% of total imports in 2021. It was distantly followed by Canada (X tons), making up a 30% share of total imports.

The United States was also the fastest-growing in terms of the rice imports, with a CAGR of +4.8% from 2012 to 2021. At the same time, Canada (+1.7%) displayed positive paces of growth. While the share of the United States (+6.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-6.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported rice in Northern America, comprising 70% of total imports. The second position in the ranking was held by Canada ($X), with a 30% share of total imports.

In the United States, rice imports increased at an average annual rate of +2.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, falling by -6.5% against the previous year. Over the period under review, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :