Portugal: Brown Rice Market 2020

Brown Rice Exports

Exports from Portugal

In 2018, the amount of husked (brown) rice exported from Portugal totaled X tons, shrinking by -X% against the previous year. In general, brown rice exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, brown rice exports stood at $X in 2018. Overall, brown rice exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Italy (X tons), Poland (X tons) and Luxembourg (X tons) were the main destinations of brown 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and Luxembourg ($X) constituted the largest markets for brown rice exported from Portugal worldwide, with a combined X% share of total exports.

Poland experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brown rice export price stood at $X per ton in 2018, growing by X% against the previous year. Overall, the brown rice export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for husked (brown) rice reached their peak figure in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Angola ($X per ton), while the average price for exports to Italy ($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 Israel, while the prices for the other major destinations experienced more modest paces of growth.

Brown Rice Imports

Imports into Portugal

In 2018, the amount of husked (brown) rice imported into Portugal totaled X tons, rising by X% against the previous year. Over the period under review, 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. Based on 2018 figures, brown rice imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, brown rice imports reached their peak of X tons. From 2009 to 2018, the growth of brown rice imports remained at a lower figure.

In value terms, brown rice imports totaled $X in 2018. Overall, brown rice imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, brown rice imports attained their peak of $X. From 2009 to 2018, the growth of brown rice imports failed to regain its momentum.

Imports by Country

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

In value terms, Guyana ($X) constituted the largest supplier of brown rice to Portugal, comprising X% of total brown rice imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Guyana totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

In 2018, the average brown rice import price amounted to $X per ton, growing by X% against the previous year. In general, the import price indicated a slight increase from 2007 to 2018: its price 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, brown rice import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. In that year, the average import prices for husked (brown) rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for husked (brown) rice remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($X per ton), while the price for Suriname ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform