U.S.: Milled Rice Market 2020

Milled Rice Exports

Exports from the U.S.

In 2018, approx. X tons of semi-milled or wholly milled (bleached) rice were exported from the U.S.; waning by -X% against the previous year. In general, milled rice exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. In that year, milled rice exports reached their peak of X tons. From 2011 to 2018, the growth of milled rice exports remained at a lower figure.

In value terms, milled rice exports stood at $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for milled rice exports from the U.S., accounting for a X% share of total exports. Moreover, milled rice exports to Haiti exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was occupied by Jordan (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Haiti stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Jordan (+X% per year).

In value terms, Haiti ($X), Japan ($X) and Canada ($X) were the largest markets for milled rice exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Ghana, Jordan, Saudi Arabia, Mexico, Iran, Colombia, South Korea, the Dominican Republic and Taiwan, Chinese, which together accounted for a further X, Chinese experienced the highest rates of growth with regard to market size, in terms of 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. 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. The export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Ghana ($X per ton), while the average price for exports to Iran ($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 Ghana, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into the U.S.

Milled rice imports into the U.S. amounted to X tons in 2018, going up by X% against the previous year. In general, the total imports indicated a buoyant expansion 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 most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. In that year, milled rice imports attained their peak of X tons. From 2016 to 2018, the growth of milled rice imports remained at a lower figure.

In value terms, milled rice imports totaled $X in 2018. Overall, the total imports indicated a resilient expansion from 2007 to 2018: its value 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 imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, milled rice imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Thailand (X tons) constituted the largest supplier of milled rice to the U.S., with a X% share of total imports. Moreover, milled rice imports from Thailand exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and China (-X% per year).

In value terms, Thailand ($X) constituted the largest supplier of milled rice to the U.S., comprising X% of total milled rice imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, going up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for semi-milled or wholly milled (bleached) rice reached their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform