United Kingdom - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBroken Rice Price in the UK - 2023
Contents:
- Broken Rice Price in the UK (CIF) - 2023
- Broken Rice Price in the UK (FOB) - 2022
- Broken Rice Imports in the UK
- Broken Rice Exports in the UK
Broken Rice Price in the UK (CIF) - 2023
The average broken rice import price stood at $558 per ton in May 2023, waning by -7.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $692 per ton. From December 2022 to May 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($767 per ton), while the price for Myanmar ($441 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in the UK (FOB) - 2022
The average broken rice export price stood at $690 per ton in 2022, growing by 12% against the previous year. Overall, the export price recorded a modest expansion. The pace of growth was the most pronounced in 2021 an increase of 30%. The export price peaked at $806 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($1,279 per ton), while the average price for exports to France ($580 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in the UK
In 2022, the amount of broken rice imported into the UK declined to 95K tons, shrinking by -14.4% against 2021 figures. Over the period under review, imports faced a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 0.8%.
In value terms, broken rice imports contracted dramatically to $44M in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 9.5%. As a result, imports attained the peak of $53M, and then declined remarkably in the following year.
| Import of Broken Rice in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 8.7 | 6.6 | 0.2 | 22.8 | 37.9% |
| Turkey | 2.7 | 2.6 | 2.9 | 3.3 | 6.9% |
| Guyana | 13.5 | 8.2 | 1.7 | 2.8 | -40.8% |
| Spain | 8.1 | 6.7 | 1.8 | 2.6 | -31.5% |
| Thailand | 0.7 | 0.7 | 0.9 | 1.8 | 37.0% |
| Netherlands | 8.1 | 13.4 | 22.3 | 1.4 | -44.3% |
| India | 0.4 | 0.6 | 12.1 | 1.4 | 51.8% |
| Brazil | N/A | N/A | 0.6 | 1.3 | 116.7% |
| Greece | 0.2 | 0.2 | 0.1 | 1.1 | 76.5% |
| Russia | 1.0 | N/A | 0.9 | 1.1 | 3.2% |
| Others | 8.6 | 9.6 | 9.6 | 4.0 | -22.5% |
| Total | 52.0 | 48.6 | 53.2 | 43.8 | -5.6% |
Top Suppliers of Broken Rice to the UK in 2022:
- Myanmar (58.5K tons)
- Turkey (5.8K tons)
- Guyana (5.4K tons)
- Spain (4.2K tons)
- India (3.0K tons)
- Brazil (2.8K tons)
- Thailand (2.5K tons)
- Russia (2.5K tons)
- Netherlands (2.3K tons)
- Greece (1.6K tons)
Broken Rice Exports in the UK
In 2022, shipments abroad of broken rice decreased by -52% to 2K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports attained the peak of 8.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, broken rice exports reduced notably to $1.4M in 2022. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Broken Rice in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 922 | 1,143 | 537 | 458 | -20.8% |
| Germany | 235 | 287 | 312 | 340 | 13.1% |
| Netherlands | 489 | 363 | 303 | 237 | -21.4% |
| France | 390 | 391 | 220 | 115 | -33.4% |
| United States | N/A | N/A | N/A | 76.7 | 0% |
| Belgium | 9.0 | 775 | 818 | 55.9 | 83.8% |
| Ireland | 644 | 1,005 | 158 | 8.3 | -76.6% |
| Others | 96.2 | 157 | 248 | 102 | 2.0% |
| Total | 2,784 | 4,121 | 2,596 | 1,394 | -20.6% |
Top Export Markets for Broken Rice from the UK in 2022:
- Italy (668.6 tons)
- Germany (474.8 tons)
- Netherlands (352.7 tons)
- France (198.8 tons)
- United States (125.0 tons)
- Belgium (90.2 tons)
- Ireland (6.5 tons)
This report provides an in-depth analysis of the broken rice market in the UK. 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:
- Prodcom 10611250 - Broken rice (including enriched rice, parboiled rice)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
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Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
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