Spain: Milled Rice Market 2020

Milled Rice Market Size in Spain

The revenue of the milled rice market in Spain amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, milled rice consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Milled rice consumption peaked at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Milled Rice Production in Spain

In value terms, milled rice production totaled $X in 2018 estimated in export prices. Over the period under review, milled rice production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, milled rice production attained its peak level of $X. From 2009 to 2018, milled rice production growth failed to regain its momentum.

In 2018, the average yield of milled rice in Spain totaled X ton per ha, remaining stable against the previous year. In general, the milled rice yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Milled rice yield peaked at X ton per ha in 2012; however, from 2013 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of milled rice were harvested in Spain; standing approx. at the previous year. In general, the milled rice harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to milled rice production attained its peak figure at X ha in 2011; however, from 2012 to 2018, harvested area remained at a lower figure.

Milled Rice Exports

Exports from Spain

In 2018, the exports of milled rice from Spain totaled X tons, picking up by X% against the previous year. In general, the total exports indicated a measured increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, milled rice exports attained their maximum at X tons in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, milled rice exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of milled rice exports from Spain, with a combined X% share of total exports. These countries were followed by France, Portugal, Syrian Arab Republic, Bulgaria, Germany, Finland and Libya, 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 Bulgaria, while exports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the UK ($X) and France ($X) were the largest markets for milled rice exported from Spain worldwide, together comprising X% of total exports. These countries were followed by the Netherlands, Germany, Portugal, Syrian Arab Republic, Bulgaria, Finland and Libya, which together accounted for a further X experienced the highest growth rate of market size, among 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, rising by X% against the previous year. Overall, the milled rice export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. In that year, the average export prices for milled rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for milled rice failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Spain

In 2018, the milled rice imports into Spain stood at X tons, rising by X% against the previous year. Over the period under review, milled rice imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, milled rice imports totaled $X in 2018. Over the period under review, the total imports indicated a moderate 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. Based on 2018 figures, milled rice imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

Pakistan (X tons), Thailand (X tons) and Myanmar (X tons) were the main suppliers of milled rice imports to Spain, with a combined X% share of total imports. Egypt, Guyana, Italy, Portugal and France lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Portugal, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Spain were Pakistan ($X), Thailand ($X) and Egypt ($X), together accounting for X% of total imports. Italy, Myanmar, Portugal, France and Guyana lagged somewhat behind, together comprising a further X terms of the main suppliers, Portugal 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 average milled rice import price stood at $X per ton in 2018, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for milled rice attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform