Spain - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrown Rice Price in Spain - 2023
Contents:
- Brown Rice Price in Spain (CIF) - 2022
- Brown Rice Price in Spain (FOB) - 2023
- Brown Rice Imports in Spain
- Brown Rice Exports in Spain
Brown Rice Price in Spain (CIF) - 2022
In 2022, the average brown rice import price amounted to $738 per ton, picking up by 22% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brown rice import price decreased by -3.9% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $988 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,367 per ton), while the price for Myanmar ($506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Spain (FOB) - 2023
The average brown rice export price stood at $876 per ton in June 2023, surging by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in August 2022 an increase of 18% against the previous month. The export price peaked at $884 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Italy ($1,544 per ton), while the average price for exports to Portugal ($444 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 Italy (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports in Spain
In 2022, approx. 202K tons of husked (brown) rice were imported into Spain; jumping by 65% on 2021 figures. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brown rice imports soared to $149M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Brown Rice in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 16.8 | 24.9 | 21.3 | 52.1 | 45.8% |
| Argentina | 9.8 | 12.8 | 25.2 | 48.0 | 69.8% |
| Uruguay | 0.8 | 3.2 | 1.1 | 18.0 | 182.3% |
| Brazil | N/A | N/A | N/A | 10.5 | 0% |
| Myanmar | 6.0 | 2.0 | 0.3 | 9.3 | 15.7% |
| Paraguay | 0.3 | 1.6 | 5.4 | 2.7 | 108.0% |
| Thailand | 4.8 | 0.2 | 0.1 | 0.9 | -42.8% |
| Guyana | 7.4 | 7.1 | 13.0 | 0.4 | -62.2% |
| Others | 6.0 | 6.2 | 7.6 | 7.3 | 6.8% |
| Total | 51.7 | 57.9 | 74.1 | 149 | 42.3% |
Top Suppliers of Brown Rice to Spain in 2022:
- Argentina (84.1K tons)
- Pakistan (50.2K tons)
- Uruguay (29.4K tons)
- Myanmar (18.5K tons)
- Brazil (7.7K tons)
- Paraguay (4.7K tons)
- Thailand (1.0K tons)
- Guyana (0.7K tons)
Brown Rice Exports in Spain
In 2022, overseas shipments of husked (brown) rice decreased by -9.4% to 74K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 8.1%. As a result, the exports attained the peak of 97K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, brown rice exports totaled $58M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $61M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Brown Rice in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 45.0 | 52.0 | 52.1 | 51.1 | 4.3% |
| Portugal | 0.6 | 1.0 | 0.8 | 2.0 | 49.4% |
| United Kingdom | 4.1 | 4.4 | 0.8 | 0.9 | -39.7% |
| Others | 4.0 | 4.1 | 3.6 | 3.5 | -4.4% |
| Total | 53.7 | 61.5 | 57.4 | 57.5 | 2.3% |
Top Export Markets for Brown Rice from Spain in 2022:
- Belgium (67.6K tons)
- Portugal (2.6K tons)
- United Kingdom (1.0K tons)
This report provides an in-depth analysis of the brown rice market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
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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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The growth rate of Rice exports in February 2023 was the most rapid, increasing by 38% month-on-month. The value of Rice exports reached $19M in September 2023.
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In February 2023, the rice paddy price stood at $1,046 per ton (CIF, Spain), jumping by 48% against the previous month.
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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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Global rice consumption amounted to X tons 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 globa
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Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
