Report Spain - Rice - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Spain: Rice Market 2024

Rice Market Size in Spain

The Spanish rice market surged to $X in 2021, with an increase of 35% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rice Production in Spain

In value terms, rice production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

In 2021, the average yield of rice in Spain totaled X tons per ha, remaining constant against the previous year. Overall, the yield, however, showed a mild decline. The most prominent rate of growth was recorded in 2017 when the yield increased by 1.5% against the previous year. Over the period under review, the average rice yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of rice production in Spain reduced rapidly to X ha, waning by -17% compared with the year before. Overall, the harvested area saw a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the harvested area decreased by less than 0.1%. The rice harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Rice Exports

Exports from Spain

After three years of growth, overseas shipments of rice decreased by -22.2% to X tons in 2021. In general, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 5.7%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, rice exports fell to $X in 2021. Over the period under review, exports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2018 when exports increased by 11%. The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

Belgium (X tons), the UK (X tons) and Portugal (X tons) were the main destinations of rice exports from Spain, together accounting for 62% of total exports. France, the Netherlands, Germany, the United States, Finland and Poland lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rice exported from Spain were Belgium ($X), the UK ($X) and France ($X), together accounting for 54% of total exports. Portugal, the United States, the Netherlands, Germany, Finland and Poland lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, Poland, with a CAGR of +18.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rice export price stood at $X per ton in 2021, growing by 10% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Portugal ($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 the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Rice Imports

Imports into Spain

In 2021, imports of rice into Spain surged to X tons, increasing by 32% compared with 2020. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 42% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, rice imports surged to $X in 2021. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 38% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Argentina (X tons), Myanmar (X tons) and Guyana (X tons) were the main suppliers of rice imports to Spain, together comprising 43% of total imports. These countries were followed by Pakistan, Greece, Italy, Portugal, Bulgaria, Paraguay, Cambodia, Thailand, India and France, which together accounted for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +717.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Argentina ($X) and Myanmar ($X) were the largest rice suppliers to Spain, with a combined 40% share of total imports. These countries were followed by Italy, Guyana, Thailand, Cambodia, Portugal, India, Greece, Paraguay, Bulgaria and France, which together accounted for a further 51%.

In terms of the main suppliers, Bulgaria, with a CAGR of +586.5%, saw 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

The average rice import price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guyana (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of rice consumption in 2021 were China, India and Bangladesh, with a combined 57% share of global consumption. Indonesia, Vietnam, Myanmar, Thailand and the Philippines lagged somewhat behind, together comprising a further 21%.
The countries with the highest volumes of rice production in 2021 were China, India and Bangladesh, with a combined 59% share of global production.
In value terms, the largest rice suppliers to Spain were Pakistan, Argentina and Italy, with a combined 43% share of total imports. These countries were followed by Guyana, Thailand, Cambodia, Portugal, Greece, Paraguay and Bulgaria, which together accounted for a further 40%.
In value terms, the largest markets for rice exported from Spain were Belgium, the UK and France, with a combined 54% share of total exports. The United States, the Netherlands, Portugal, Germany, Finland and Poland lagged somewhat behind, together comprising a further 35%.
In 2021, the average rice export price amounted to $809 per ton, picking up by 11% against the previous year.
In 2021, the average rice import price amounted to $632 per ton, standing approx. at the previous year.

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

  • FCL 27 - Rice, paddy

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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