Spain: Paddy Rice Market 2025

Paddy Rice Market Size in Spain

In 2021, the Spanish paddy rice market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a mild reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Paddy Rice Production in Spain

In value terms, paddy rice production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible contraction. Paddy rice production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

The average yield of paddy rice in Spain amounted to X tons per ha in 2021, increasing by 2% against the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The paddy rice yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the 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 2021, approx. X ha of paddy rice were harvested in Spain; approximately reflecting the previous year's figure. In general, the harvested area, however, showed a slight shrinkage. Over the period under review, the harvested area dedicated to paddy rice production reached the maximum at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Paddy Rice Exports

Exports from Spain

In 2021, after two years of growth, there was significant decline in shipments abroad of paddy rice, when their volume decreased by -43.2% to X tons. Over the period under review, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 73% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, paddy rice exports dropped notably to $X in 2021. In general, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 65%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for paddy rice exports from Spain, accounting for a 95% share of total exports. It was followed by Morocco (X tons), with a 2.5% share of total exports. Turkey (X tons) ranked third in terms of total exports with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (-2.3% per year) and Turkey (-52.2% per year).

In value terms, Portugal ($X) remains the key foreign market for paddy rice exports from Spain, comprising 91% of total exports. The second position in the ranking was taken by Morocco ($X), with a 4.9% share of total exports. It was followed by Turkey, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value to Portugal amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (-0.2% per year) and Turkey (-46.3% per year).

Export Prices by Country

In 2021, the average paddy rice export price amounted to $X per ton, growing by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Portugal ($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 Turkey (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paddy Rice Imports

Imports into Spain

In 2021, supplies from abroad of paddy rice increased by 82% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 338%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, paddy rice imports skyrocketed to $X in 2021. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 220% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Greece (X tons), Bulgaria (X tons) and Portugal (X tons) were the main suppliers of paddy rice imports to Spain, together comprising 82% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +275.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Bulgaria ($X) and Italy ($X) were the largest paddy rice suppliers to Spain, together accounting for 76% of total imports.

In terms of the main suppliers, Greece, with a CAGR of +174.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average paddy rice import price amounted to $X per ton, dropping by -16.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 101%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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