U.S. - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrown Rice Price in the United States - 2023
Contents:
- Brown Rice Price in the United States (FOB) - 2023
- Brown Rice Price in the United States (CIF) - 2023
- Brown Rice Exports in the United States
- Brown Rice Imports in the United States
Brown Rice Price in the United States (FOB) - 2023
In July 2023, the average brown rice export price amounted to $855 per ton, which is down by -35.2% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 44% against the previous month. As a result, the export price reached the peak level of $1,328 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Mexico ($1,477 per ton), while the average price for exports to Taiwan (Chinese) ($697 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Price in the United States (CIF) - 2023
In July 2023, the average brown rice import price amounted to $1,094 per ton, dropping by -3.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 11% month-to-month. As a result, import price reached the peak level of $1,266 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1,197 per ton), while the price for Brazil ($662 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Exports in the United States
In 2022, shipments abroad of husked (brown) rice decreased by -2.4% to 179K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of 267K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, brown rice exports expanded significantly to $156M in 2022. Over the period under review, exports recorded a noticeable curtailment.
| Export of Brown Rice in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 100 | 106 | 53.6 | 62.6 | -14.5% |
| Canada | 28.0 | 29.9 | 31.6 | 36.8 | 9.5% |
| Taiwan (Chinese) | 19.6 | 19.1 | 13.7 | 23.8 | 6.7% |
| United Kingdom | 1.4 | 13.3 | 15.6 | 11.9 | 104.1% |
| Mexico | 7.5 | 8.0 | 6.4 | 10.5 | 11.9% |
| Honduras | 2.4 | 3.9 | 2.8 | 0.2 | -56.3% |
| Others | 9.4 | 12.4 | 12.4 | 9.9 | 1.7% |
| Total | 169 | 193 | 136 | 156 | -2.6% |
Top Export Markets for Brown Rice from the United States in 2022:
- South Korea (57.1K tons)
- Canada (44.3K tons)
- Taiwan (Chinese) (36.5K tons)
- United Kingdom (20.8K tons)
- Mexico (9.4K tons)
- Honduras (0.3K tons)
Brown Rice Imports in the United States
In 2022, imports of husked (brown) rice into the United States surged to 41K tons, growing by 21% compared with 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, imports reached the peak of 51K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, brown rice imports skyrocketed to $49M in 2022. In general, imports, however, recorded a deep contraction.
| Import of Brown Rice in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 29.8 | 30.0 | 11.6 | 19.5 | -13.2% |
| Pakistan | 12.3 | 10.6 | 7.0 | 7.2 | -16.3% |
| Thailand | 7.8 | 8.3 | 6.0 | 7.1 | -3.1% |
| Argentina | 2.3 | 2.4 | 4.8 | 5.8 | 36.1% |
| Australia | N/A | N/A | N/A | 3.8 | 0% |
| Canada | 0.8 | 0.8 | 0.8 | 0.7 | -4.4% |
| Others | 5.0 | 6.2 | 9.8 | 4.8 | -1.4% |
| Total | 58.0 | 58.2 | 40.0 | 49.0 | -5.5% |
Top Suppliers of Brown Rice to the United States in 2022:
- India (15.9K tons)
- Thailand (7.2K tons)
- Argentina (5.5K tons)
- Pakistan (4.9K tons)
- Australia (3.8K tons)
- Canada (0.8K tons)
This report provides an in-depth analysis of the brown rice market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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