Report Update Nov 1, 2024

Puerto Rico - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Rice Bran Market 2024

Rice Bran Market Size in Puerto Rico

The Puerto Rican rice bran market amounted to less than $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Rice Bran Exports

Exports from Puerto Rico

Rice bran exports from Puerto Rico amounted to less than X kg in 2021, almost unchanged from 2020 figures. Overall, exports saw a relatively flat trend pattern.

In value terms, rice bran exports totaled less than $X in 2021. In general, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, Vietnam (X tons), distantly followed by Germany (X tons), the United States (X tons), Belgium (X tons) and Russia (X tons) represented the key exporters of rice bran, together creating 66% of total exports. The following exporters - Poland (X tons), Italy (X tons), France (X tons), Malawi (X tons), Canada (X tons), Malaysia (X tons) and the Netherlands (X tons) - together made up 13% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of +29.7%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest rice bran supplier from Puerto Rico, comprising 30% of global exports. The second position in the ranking was taken by Germany ($X), with a 12% share of global exports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Vietnam totaled +22.2%. In the other countries, the average annual rates were as follows: Germany (+15.9% per year) and Belgium (+14.2% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. Overall, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the other leaders experienced more modest paces of growth.

Rice Bran Imports

Imports into Puerto Rico

Rice bran imports into Puerto Rico was estimated at less than X kg in 2021, remaining relatively unchanged against the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, rice bran imports stood at less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.

Imports by Country

China was the key importing country with an import of about X tons, which accounted for 35% of total imports. Germany (X tons) ranks second in terms of the total imports with a 9.6% share, followed by Turkey (6.2%) and Nepal (6.1%). Luxembourg (X tons), Canada (X tons), Argentina (X tons), Belgium (X tons), the United States (X tons), France (X tons), Portugal (X tons), Spain (X tons) and Mexico (X tons) took a minor share of total imports.

China was also the fastest-growing in terms of the rice bran imports, with a CAGR of +69.9% from 2012 to 2021. At the same time, Nepal (+37.9%), Luxembourg (+28.8%), Portugal (+16.0%), Germany (+15.1%), Canada (+12.5%) and Spain (+6.8%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. By contrast, France (-1.7%), Belgium (-2.2%), Argentina (-5.5%), the United States (-8.3%) and Mexico (-14.1%) illustrated a downward trend over the same period. While the share of China (+34 p.p.), Nepal (+5.6 p.p.), Germany (+5.2 p.p.) and Luxembourg (+2.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of France (-1.9 p.p.), Belgium (-2.3 p.p.), Turkey (-3.6 p.p.), Argentina (-4 p.p.), the United States (-5.3 p.p.) and Mexico (-9.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported rice bran into Puerto Rico, comprising 45% of global imports. The second position in the ranking was taken by Germany ($X), with a 5.6% share of global imports. It was followed by Turkey, with a 5% share.

In China, rice bran imports increased at an average annual rate of +74.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and Turkey (-0.6% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

China constituted the country with the largest volume of rice bran consumption, comprising approx. 21% of total volume. Moreover, rice bran consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of rice bran in the world?

The country with the largest volume of rice bran production was China, comprising approx. 15% of total volume. Moreover, rice bran production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of rice bran to Puerto Rico?

In value terms, China constitutes the largest market for imported rice bran into Puerto Rico, comprising 50% of global imports. The second position in the ranking was occupied by Germany, with a 5.8% share of global imports. It was followed by Turkey, with a 5.5% share.

What are the leading importers of rice bran from Puerto Rico?

In value terms, the largest rice bran supplying countries from Puerto Rico were Vietnam, Germany and Belgium, with a combined 46% share of total exports.

What is the average export price for rice bran in Puerto Rico?

The export price in Puerto Rico stood at $less than 0.1 per ton in 2021, remaining stable against the previous year.

What is the average import price for rice bran in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to $less than 0.1 per ton, flattening at the previous year.

This report provides an in-depth analysis of the rice bran market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023