Report Update Jan 1, 2025

Somalia - Rice - Market Analysis, Forecast, Size, Trends and Insights

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Somalia: Rice Market 2020

Rice Exports

Exports from Somalia

Rice exports from Somalia amounted to X kg in 2018, shrinking by -X% against the previous year. Over the period under review, rice exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. In that year, rice exports attained their peak of X tons. From 2010 to 2018, the growth of rice exports remained at a lower figure.

In value terms, rice exports stood at $X in 2018. In general, rice exports continue to indicate a dramatic reduction. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. In that year, rice exports attained their peak of $X. From 2010 to 2018, the growth of rice exports remained at a somewhat lower figure.

Exports by Country

Kenya (X kg) was the main destination for rice exports from Somalia, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Kenya was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Kenya was relatively modest.

Export Prices by Country

In 2018, the average rice export price amounted to $X per ton, lowering by -X% against the previous year. Overall, the rice export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average export price increased by X% year-to-year. In that year, the average export prices for rice attained their peak level of $X per ton. From 2010 to 2018, the growth in terms of the average export prices for rice failed to regain its momentum.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2007 to 2018, the rate of growth in terms of prices for Kenya amounted to X% per year.

Rice Imports

Imports into Somalia

In 2018, approx. X tons of rice were imported into Somalia; dropping by -X% against the previous year. Overall, rice imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, rice imports stood at $X in 2018. In general, rice imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, India (X tons) constituted the largest supplier of rice to Somalia, accounting for a X% share of total imports. Moreover, rice imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), ninefold.

From 2007 to 2018, the average annual rate of growth in terms of volume from India stood at +X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value from India amounted to +X%.

Import Prices by Country

The average rice import price stood at $X per ton in 2018, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the average import prices for rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for rice remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Pakistan.

Source: IndexBox Platform

This report provides an in-depth analysis of the rice market in Somalia. 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:

Country coverage:

Somalia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Somalia
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024