Italy - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrown Rice Price in Italy - 2023
Contents:
- Brown Rice Price in Italy (CIF) - 2023
- Brown Rice Price in Italy (FOB) - 2023
- Brown Rice Imports in Italy
- Brown Rice Exports in Italy
Brown Rice Price in Italy (CIF) - 2023
The average brown rice import price stood at $1,267 per ton in June 2023, rising by 3.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 an increase of 15% against the previous month. Over the period under review, average import prices reached the peak figure in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Pakistan ($1,443 per ton), while the price for Vietnam ($810 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Italy (FOB) - 2023
The average brown rice export price stood at $1,560 per ton in June 2023, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in April 2023 an increase of 17% m-o-m. As a result, the export price attained the peak level of $1,603 per ton; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($2,452 per ton), while the average price for exports to Poland ($967 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports in Italy
In 2022, approx. 112K tons of husked (brown) rice were imported into Italy; jumping by 29% compared with 2021 figures. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brown rice imports surged to $115M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Brown Rice in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 45.1 | 46.5 | 58.2 | 59.8 | 9.9% |
| India | 7.1 | 10.5 | 11.1 | 11.0 | 15.7% |
| Vietnam | 2.6 | 1.0 | 0.7 | 10.2 | 57.7% |
| Bulgaria | N/A | N/A | N/A | 5.1 | 0% |
| Thailand | 6.0 | 6.8 | 4.4 | 4.8 | -7.2% |
| Guyana | 3.7 | 4.2 | 0.8 | 4.4 | 5.9% |
| Australia | N/A | N/A | N/A | 4.3 | 0% |
| Netherlands | 0.3 | 1.1 | 1.3 | 4.0 | 137.1% |
| Greece | N/A | N/A | N/A | 2.9 | 0% |
| Myanmar | 1.1 | 0.2 | 0.6 | 2.3 | 27.9% |
| Others | 6.9 | 4.5 | 2.1 | 6.6 | -1.5% |
| Total | 72.9 | 74.7 | 79.4 | 115 | 16.4% |
Top Suppliers of Brown Rice to Italy in 2022:
- Pakistan (55.4K tons)
- Vietnam (11.2K tons)
- India (9.0K tons)
- Guyana (7.0K tons)
- Bulgaria (4.7K tons)
- Myanmar (4.3K tons)
- Australia (3.8K tons)
- Greece (3.8K tons)
- Netherlands (3.4K tons)
- Thailand (2.9K tons)
Brown Rice Exports in Italy
In 2022, overseas shipments of husked (brown) rice decreased by -22% to 49K tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 21%. As a result, the exports reached the peak of 73K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, brown rice exports shrank to $65M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $70M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Brown Rice in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 14.4 | 16.6 | 14.7 | 11.8 | -6.4% |
| France | 8.5 | 10.3 | 10.1 | 10.1 | 5.9% |
| Germany | 6.9 | 9.4 | 9.4 | 9.2 | 10.1% |
| Switzerland | 6.0 | 7.4 | 6.6 | 7.1 | 5.8% |
| Netherlands | 5.4 | 6.0 | 6.2 | 4.9 | -3.2% |
| Czech Republic | 1.7 | 2.2 | 2.7 | 4.3 | 36.3% |
| United Kingdom | 3.8 | 3.5 | 2.6 | 3.5 | -2.7% |
| Poland | 4.3 | 6.0 | 4.5 | 3.4 | -7.5% |
| Others | 8.1 | 9.1 | 10.0 | 10.3 | 8.3% |
| Total | 59.1 | 70.5 | 67.0 | 64.6 | 3.0% |
Top Export Markets for Brown Rice from Italy in 2022:
- Belgium (11.8K tons)
- France (5.5K tons)
- Germany (5.5K tons)
- Switzerland (5.3K tons)
- Netherlands (5.1K tons)
- Poland (3.7K tons)
- Czech Republic (3.5K tons)
- United Kingdom (2.2K tons)
This report provides an in-depth analysis of the brown rice market in Italy. 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 10611100 - Husked (brown) rice
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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