Global Paddy Rice Market 2025

Paddy Rice Market Size

The global paddy rice market reached $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Paddy Rice Production

In value terms, paddy rice production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible increase. The pace of growth was the most pronounced in 2017 with an increase of 143% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Bangladesh (X tons), with a combined 59% share of global production. Indonesia, Vietnam, Thailand, Myanmar, the Philippines and Pakistan lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Pakistan (with a CAGR of +4.8%), while production for the other global leaders experienced more modest paces of growth.

The global average paddy rice yield dropped modestly to X tons per ha in 2022, standing approx. at the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 1.4%. The global yield peaked at X tons per ha in 2021, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of paddy rice production worldwide shrank slightly to X ha, therefore, remained relatively stable against 2021 figures. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 1.6% against the previous year. The global harvested area peaked at X ha in 2021, and then declined slightly in the following year.

Paddy Rice Exports

Exports

In 2022, the amount of paddy rice exported worldwide was estimated at X tons, surging by 3.4% against the year before. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 33%. Over the period under review, the global exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, paddy rice exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 36% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, the United States (X tons) and Brazil (X tons) represented the largest exporters of paddy ricearound the world, together amounting to near 61% of total exports. It was distantly followed by India (X tons) and Uruguay (X tons), together generating a 24% share of total exports. Paraguay (X tons), Myanmar (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of +81.9%), while the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 70% of global exports. Uruguay, Paraguay, Russia and Myanmar lagged somewhat behind, together comprising a further 13%.

Myanmar, with a CAGR of +64.2%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paddy rice export price amounted to $X per ton, growing by 5.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 6.7%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the other global leaders experienced mixed trends in the export price figures.

Paddy Rice Imports

Imports

In 2022, approx. X tons of paddy rice were imported worldwide; with a decrease of -11.9% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 48%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of global imports remained at a lower figure.

In value terms, paddy rice imports dropped to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 64% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of global imports remained at a lower figure.

Imports by Country

The countries with the highest levels of paddy rice imports in 2022 were Nepal (X tons), Mexico (X tons) and Venezuela (X tons), together finishing at 46% of total import. Costa Rica (X tons) ranks next in terms of the total imports with a 6.4% share, followed by Colombia (6.2%), Honduras (5.7%) and Guatemala (5.6%). Nicaragua (X tons), El Salvador (X tons), Libya (X tons), Panama (X tons), Brazil (X tons) and Yemen (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Panama (with a CAGR of +215.0%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest paddy rice importing markets worldwide were Mexico ($X), Nepal ($X) and Venezuela ($X), together accounting for 35% of global imports. Guatemala, Colombia, Costa Rica, Honduras, Nicaragua, El Salvador, Panama, Yemen, Libya and Brazil lagged somewhat behind, together accounting for a further 36%.

Among the main importing countries, Panama, with a CAGR of +192.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paddy rice import price amounted to $X per ton, with an increase of 4.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 10%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nicaragua ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+2.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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