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

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Article Publishing Date: Apr 19, 2018

China Emerges as the Largest Rice Importer in the World

IndexBox has just published a new report "World: Rice - Market Report. Analysis and Forecast to 2025". Here is a summary of the report’s key findings.

In 2016, Rice Consumption Reached Its Maximum Level

Global rice consumption amounted to X tonnes in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the global rice consumption reached its maximum volume in 2016, and is likely to continue its growth in the immediate term due to Asian population growth.

In 2016, the countries with the highest consumption were China (X% based on tonnes), India (X%) and Indonesia (X%), together comprising X% of total consumption. They were followed by India, Indonesia, Bangladesh, Vietnam, Myanmar, Thailand, Philippines, Brazil and Japan.

From 2007 to 2016, the most notable growth rates of rice consumption among the main consuming countries was attained by Indonesia (+X% per year from 2007 to 2016), Vietnam (+X% per year) and Bangladesh (+X% per year), while the other global leaders indicated relatively stable consumption trend pattern.

The highest levels of rice per capita consumption was registered in Myanmar (X kg per year), Vietnam (X kg per year), Thailand (X kg per year), Bangladesh (X kg per year) and Indonesia (X kg per year), while the average per capita consumption of rice was estimated at X kg/year in 2016.

Consumption of Rice Is Expected to Overcome X Tonnes by the End of 2025

Rice is a traditional staple food in many countries of the world, especially in Asia, therefore rice consumption is determined by the population needs in food. Consequently, the world consumption of rice is not subject to strong fluctuations. In the future, it is expected that due to sustainable growth in population and development of agricultural practices, which impove rice yields and strengthen rice supply, market performance is to continue its mild upward trend. Rice consumption is to grow with an anticipated CAGR of +X% for the nine-year period from 2016 to 2025, which is expected to lead the market to a volume of X tonnes by the end of 2025.

China and India Remained the Leading Rice Producers

Global rice production amounted to X in 2016 (in terms of milled rice weight). Overall, the rice supply pursued a stable growth from 2007 to 2016.

The countries with the highest levels of production in 2016 were China (X tonnes) and India (X tonnes), together accounting for X% of rice supply. They were followed by Indonesia, Bangladesh, Vietnam, Thailand, Myanmar, Philippines, Brazil and Japan, which all lagged somewhat behind.

India, Thailand and Vietnam Were the Main Rice Exporters

In 2016, the volume of global exports totaled X tonnes (this figure refers to a sum of semi-milled or wholly milled rice broken rice and husked (brown) rice), which was X% less than the year before. Hovewer, from 2007 to 2016, the global rice exports indicated a pronounced growth, with a CAGR of +X%. In 2016, the value of global rice exports totaled $X, which was -X% less than the year before. The annual growth rate of rice exports was +X% per year from 2007 to 2015. 

India (X%), Thailand (X%) and Vietnam (X%) were the main suppliers of rice in the world, together made up X% of global rice exports. Among these countries, India (+X% per year) and Vietnam (+X% per year) exports steady increased over the period under review, while Thailand milled rice exports dropped by -X% from 2007 to 2016. The share of India (+X percentage points) significantly strengthened its position in the global rice exports, while the share of Thailand (-X percentage points) decreased significantly. 

China Emerged as the Largest Rice Importer in the World

The volume of global rice imports totaled X tonnes in 2016 (in terms of milled rice weight). Imports dynamics was generally in line with exports: these trade flows globally complement each other. From 2007 to 2016, global rice imports remained relatively stable, however, indicating some noticable fluctuations in certain years. In 2016, global rice imports stood at $X in value terms. From 2007 to 2016, the value of global rice imports increased with an average annual rate of +X%. 

China (X% of global imports in 2016) was the key rice importer in the world. Except China, the main importers of rice were Indonesia (X%), the United Arab Emirates (X%), Benin (X%) and Saudi Arabia (X%), all this countries together made up X% share of global rice imports in 2016. China had the highest growth rates of imports, which accounted for +X% per year from 2007-2016. The other countries had more moderate growth rates over the same period: Benin (+X% per year) and the United Arab Emirates (+X% per year). 

While the share of China rice imports (+X percentage points) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

Do you want to know more about global rice market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • rice market share
  • rice prices
  • rice industry
  • rice sales
  • rice import
  • rice export
  • rice market forecast
  • rice price forecast
  • key rice producers

Source: IndexBox AI Platform

Product coverage:

This report provides an in-depth analysis of the global rice market. 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007-2018
Table 7:
Yield, By Country, 2007-2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007-2018
Figure 25:
Yield, By Country, 2007-2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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