South-Eastern Asia: Milled Rice Market 2020

Milled Rice Exports

Exports in South-Eastern Asia

The exports totaled X tons in 2018, increasing by X% against the previous year. Overall, milled rice exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of exports peaked at X tons in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, milled rice exports amounted to $X in 2018. The total exports indicated a conspicuous increase 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 2008 when exports increased by X% against the previous year. Over the period under review, milled rice exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Thailand was the largest exporter of semi-milled or wholly milled (bleached) rice exported in South-Eastern Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2018. It was distantly followed by Vietnam (X tons), creating a X% share of total exports. Cambodia (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2018. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand and Cambodia increased by +X% and +X% percentage points, while Vietnam (-X p.p.) saw their share reduced.

In value terms, Thailand ($X) remains the largest milled rice supplier in South-Eastern Asia, comprising X% of total milled rice exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total exports.

In Thailand, milled rice exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-X% per year) and Cambodia (+X% per year).

Export Prices by Country

In 2018, the milled rice export price in South-Eastern Asia amounted to $X per ton, falling by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the export price increased by X% year-to-year. In that year, the 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 export prices for semi-milled or wholly milled (bleached) rice failed to regain its momentum.

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

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

Milled Rice Imports

Imports in South-Eastern Asia

In 2018, the amount of semi-milled or wholly milled (bleached) rice imported in South-Eastern Asia totaled X tons, rising by X% against the previous year. The total imports indicated measured growth 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, milled rice imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, milled rice imports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, milled rice imports amounted to $X in 2018. In general, milled rice imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. In that year, milled rice imports reached their peak of $X. From 2009 to 2018, the growth of milled rice imports remained at a lower figure.

Imports by Country

Indonesia (X tons) and the Philippines (X tons) represented roughly X% of total imports of semi-milled or wholly milled (bleached) rice in 2018. Malaysia (X tons) ranks next in terms of the total imports with a X% share, followed by Singapore (X%). Timor-Leste (X tons) occupied a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice importing markets in South-Eastern Asia were Indonesia ($X), the Philippines ($X) and Malaysia ($X), together comprising X% of total imports.

In terms of the main importing countries, Indonesia recorded the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The milled rice import price in South-Eastern Asia stood at $X per ton in 2018, increasing by X% against the previous year. The import price indicated a moderate 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, milled rice import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the import 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 import prices for semi-milled or wholly milled (bleached) rice remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform