Portugal: Broken Rice Market 2020

Broken Rice Exports

Exports from Portugal

In 2018, the amount of broken rice exported from Portugal stood at X tons, increasing by X% against the previous year. Overall, the total exports indicated a modest expansion from 2007 to 2018: its volume 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, broken rice exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. In that year, broken rice exports reached their peak of X tons. From 2011 to 2018, the growth of broken rice exports failed to regain its momentum.

In value terms, broken rice exports stood at $X in 2018. Overall, the total exports indicated a remarkable expansion 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, broken rice exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, broken rice exports reached their peak of $X. From 2011 to 2018, the growth of broken rice exports failed to regain its momentum.

Exports by Country

France (X tons), Spain (X tons) and the UK (X tons) were the main destinations of broken rice exports from Portugal, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for broken rice exported from Portugal were France ($X), Spain ($X) and the UK ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Spain recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average broken rice export price stood at $X per ton in 2018, 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 was the most pronounced in 2011 an increase of X% year-to-year. In that year, the average export prices for broken rice attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average export prices for broken rice remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the countries with the highest prices were the UK ($X per ton) and France ($X per ton), while the average price for exports to Spain ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Broken Rice Imports

Imports into Portugal

Broken rice imports into Portugal totaled X tons in 2018, growing by X% against the previous year. Over the period under review, broken rice imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, broken rice imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, broken rice imports amounted to $X in 2018. Overall, broken rice imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Suriname (X tons) constituted the largest supplier of broken rice to Portugal, with a X% share of total imports. Moreover, broken rice imports from Suriname exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Guyana (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 Suriname totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Guyana (+X% per year).

In value terms, the largest broken rice suppliers to Portugal were Suriname ($X), Spain ($X) and Cambodia ($X), together comprising X% of total imports. Guyana and Myanmar lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average broken rice import price amounted to $X per ton, declining by -X% against the previous year. In general, the broken rice import price continues to indicate a mild deduction. The growth pace was the most rapid in 2008 an increase of X% against the previous year. In that year, the average import prices for broken rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for broken rice failed to regain its momentum.

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

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

Source: IndexBox Platform