United Kingdom - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrown Rice Price in the UK - 2023
Contents:
- Brown Rice Price in the UK (CIF) - 2023
- Brown Rice Price in the UK (FOB) - 2022
- Brown Rice Imports in the UK
- Brown Rice Exports in the UK
Brown Rice Price in the UK (CIF) - 2023
In May 2023, the average brown rice import price amounted to $1,015 per ton, falling by -6.9% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in October 2022 an increase of 33% m-o-m. Over the period under review, average import prices reached the maximum at $1,090 per ton in April 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Pakistan ($1,290 per ton), while the price for Argentina ($569 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 Myanmar (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in the UK (FOB) - 2022
The average brown rice export price stood at $1,663 per ton in 2022, reducing by -14.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15%. As a result, the export price reached the peak level of $1,936 per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($2,372 per ton), while the average price for exports to Gambia ($604 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 Germany (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Brown Rice Imports in the UK
In 2022, brown rice imports into the UK rose sharply to 317K tons, with an increase of 7.7% on 2021. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, imports reached the peak of 356K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, brown rice imports amounted to $261M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $277M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Brown Rice in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 81.0 | 106 | 112 | 105 | 9.0% |
| Pakistan | 69.9 | 98.7 | 97.1 | 70.7 | 0.4% |
| Uruguay | 6.2 | 17.7 | 14.4 | 39.0 | 84.6% |
| Argentina | 2.0 | 3.5 | 6.0 | 14.5 | 93.5% |
| United States | 9.3 | 11.8 | 7.1 | 11.4 | 7.0% |
| Myanmar | 1.3 | 1.1 | N/A | 5.1 | 57.7% |
| Thailand | 16.7 | 13.6 | 3.1 | 2.7 | -45.5% |
| Spain | 7.4 | 8.0 | 3.5 | 1.4 | -42.6% |
| Others | 21.1 | 17.5 | 15.7 | 11.6 | -18.1% |
| Total | 215 | 277 | 259 | 261 | 6.7% |
Top Suppliers of Brown Rice to the UK in 2022:
- India (104.7K tons)
- Pakistan (77.6K tons)
- Uruguay (62.2K tons)
- Argentina (25.4K tons)
- United States (18.4K tons)
- Myanmar (10.9K tons)
- Thailand (3.7K tons)
- Spain (1.4K tons)
Brown Rice Exports in the UK
In 2022, overseas shipments of husked (brown) rice were finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous descent.
In value terms, brown rice exports reduced to $1.9M in 2022. Overall, exports, however, continue to indicate a precipitous decline.
| Export of Brown Rice in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 3,776 | 2,626 | 1,011 | 686 | -43.4% |
| Netherlands | 318 | 424 | 252 | 583 | 22.4% |
| Italy | 274 | 382 | 32.6 | 119 | -24.3% |
| France | 626 | 643 | 183 | 84.5 | -48.7% |
| Malta | 110 | 137 | 82.8 | 68.8 | -14.5% |
| Belgium | 352 | 111 | 211 | 51.6 | -47.3% |
| Iceland | 15.8 | 14.6 | 30.4 | 50.2 | 47.0% |
| Gambia | N/A | N/A | N/A | 30.2 | 0% |
| Germany | 242 | 418 | 8.6 | 14.4 | -61.0% |
| Spain | 369 | 84.1 | 12.6 | N/A | -81.5% |
| Others | 860 | 726 | 168 | 175 | -41.2% |
| Total | 6,943 | 5,566 | 1,991 | 1,863 | -35.5% |
Top Export Markets for Brown Rice from the UK in 2022:
- Ireland (414.7 tons)
- Netherlands (332.3 tons)
- France (93.8 tons)
- Italy (60.8 tons)
- Gambia (50.0 tons)
- Malta (29.0 tons)
- Iceland (27.8 tons)
- Belgium (26.2 tons)
- Germany (6.3 tons)
This report provides an in-depth analysis of the brown 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 10611100 - Husked (brown) 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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In May 2023, the Rice price in the United Kingdom amounted to $1,057 per ton (CIF), showing a 3.4% decrease compared to 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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