Portugal: Milled Rice Market 2020

Milled Rice Exports

Exports from Portugal

In 2018, the amount of semi-milled or wholly milled (bleached) rice exported from Portugal amounted to X tons, going up by X% against the previous year. In general, milled rice exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, milled rice exports totaled $X in 2018. Over the period under review, milled rice exports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, milled rice exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Syrian Arab Republic (X tons), Albania (X tons) and Spain (X tons) were the main destinations of milled rice exports from Portugal, together comprising X% of total exports. These countries were followed by Angola, Sao Tome and Principe, the UK, the Netherlands, Lebanon and France, 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 the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for milled rice exported from Portugal were Syrian Arab Republic ($X), Albania ($X) and Angola ($X), with a combined X% share of total exports.

Albania (+X% per year) recorded the highest growth rate of market size, in terms of 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

The average milled rice export price stood at $X per ton in 2018, growing by X% against the previous year. Over the period under review, the milled rice export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-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 failed to regain its momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to Angola ($X per ton) and Syrian Arab Republic ($X per ton), while the average price for exports to Sao Tome and Principe ($X per ton) and the UK ($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 Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Milled Rice Imports

Imports into Portugal

In 2018, the imports of semi-milled or wholly milled (bleached) rice into Portugal totaled X tons, increasing by X% against the previous year. Over the period under review, milled rice imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, milled rice imports attained their peak figure at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, milled rice imports amounted to $X in 2018. Over the period under review, the total imports indicated a buoyant expansion 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. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, milled rice imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Cambodia (X tons) and Myanmar (X tons) were the main suppliers of milled rice imports to Portugal, together accounting for X% of total imports. Guyana, Pakistan, Italy and the UK 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 Pakistan (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Portugal were Guyana ($X), Spain ($X) and Cambodia ($X), together accounting for X% of total imports. Myanmar, Italy, Pakistan and the UK lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to market size, among 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, dropping by -X% against the previous year. Overall, the milled rice import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for semi-milled or wholly milled (bleached) rice attained their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Guyana, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform