Russian Federation: Rice Market 2025

Rice Market Size in the Russian Federation

In 2021, the Russian rice market decreased by -5.7% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Rice consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Rice Production in the Russian Federation

In value terms, rice production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

In 2021, the average rice yield in Russia fell modestly to X tons per ha, approximately reflecting 2020. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 8.4% against the previous year. The rice yield peaked at X tons per ha in 2020, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rice harvested area in Russia dropped to X ha in 2021, with a decrease of -4.9% against 2020 figures. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 5.8% against the previous year. Over the period under review, the harvested area dedicated to rice production reached the peak figure at X ha in 2016; however, from 2017 to 2021, the harvested area failed to regain momentum.

Rice Exports

Exports from the Russian Federation

In 2021, rice exports from Russia declined to X tons, waning by -8.6% against 2020. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2014 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, rice exports expanded notably to $X in 2021. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 34% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for rice exports from Russia, accounting for a 35% share of total exports. Moreover, rice exports to Turkey exceeded the volume sent to the second major destination, Mongolia (X tons), threefold. Belarus (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mongolia (+7.9% per year) and Belarus (+9.0% per year).

In value terms, Turkey ($X) remains the key foreign market for rice exports from Russia, comprising 28% of total exports. The second position in the ranking was taken by Jordan ($X), with an 11% share of total exports. It was followed by Belarus, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Turkey stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+41.3% per year) and Belarus (+11.2% per year).

Export Prices by Country

The average rice export price stood at $X per ton in 2021, increasing by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Rice Imports

Imports into the Russian Federation

In 2021, imports of rice into Russia fell sharply to X tons, waning by -15% against 2020. Over the period under review, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 23% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, rice imports fell modestly to $X in 2021. Overall, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2013 when imports increased by 14%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of rice to Russia, with a 70% share of total imports. Moreover, rice imports from India exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+12.7% per year) and Thailand (-8.1% per year).

In value terms, India ($X) constituted the largest supplier of rice to Russia, comprising 71% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports. It was followed by Thailand, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+17.5% per year) and Thailand (-8.4% per year).

Import Prices by Country

The average rice import price stood at $X per ton in 2021, growing by 13% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 17%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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