Brazil - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in Brazil - 2023
Contents:
- Milled Rice Price in Brazil (CIF) - 2023
- Milled Rice Price in Brazil (FOB) - 2023
- Milled Rice Imports in Brazil
- Milled Rice Exports in Brazil
Milled Rice Price in Brazil (CIF) - 2023
In July 2023, the average milled rice import price amounted to $563 per ton, falling by -1.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 an increase of 6.9% month-to-month. Over the period under review, average import prices reached the maximum at $573 per ton in June 2023, and then fell modestly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Argentina ($882 per ton), while the price for Paraguay ($527 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 Argentina (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Price in Brazil (FOB) - 2023
The average milled rice export price stood at $613 per ton in July 2023, falling by -12.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in October 2022 an increase of 39% against the previous month. Over the period under review, the average export prices reached the maximum at $699 per ton in June 2023, and then reduced in the following month.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($749 per ton), while the average price for exports to Switzerland ($246 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 Cuba (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Imports in Brazil
In 2022, the amount of semi-milled or wholly milled (bleached) rice imported into Brazil skyrocketed to 498K tons, with an increase of 28% compared with the year before. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 507K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, milled rice imports surged to $238M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of $243M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Milled Rice in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 93.2 | 96.4 | 105 | 124 | 10.0% |
| Uruguay | 28.5 | 73.8 | 35.4 | 66.9 | 32.9% |
| Argentina | 30.8 | 44.9 | 25.1 | 39.2 | 8.4% |
| Others | 7.0 | 28.2 | 30.9 | 8.0 | 4.6% |
| Total | 159 | 243 | 197 | 238 | 14.4% |
Top Suppliers of Milled Rice to Brazil in 2022:
- Paraguay (285.3K tons)
- Uruguay (133.9K tons)
- Argentina (73.9K tons)
Milled Rice Exports in Brazil
In 2022, approx. 328K tons of semi-milled or wholly milled (bleached) rice were exported from Brazil; surging by 18% against the previous year. In general, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, the exports reached the peak of 496K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, milled rice exports stood at $165M in 2022. Overall, exports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of $242M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milled Rice in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 12.3 | 27.5 | 29.8 | 49.8 | 59.4% |
| Peru | 50.0 | 60.8 | 57.1 | 36.8 | -9.7% |
| Venezuela | 29.7 | 46.8 | 29.8 | 23.8 | -7.1% |
| Algeria | N/A | 0.8 | 0.1 | 9.0 | 235.4% |
| United States | 12.4 | 28.8 | 8.2 | 8.9 | -10.5% |
| Cabo Verde | 4.7 | 6.4 | 7.3 | 7.5 | 16.9% |
| Saudi Arabia | 5.9 | 4.7 | 3.6 | 4.7 | -7.3% |
| Bolivia | 2.8 | 4.7 | 3.1 | 2.9 | 1.2% |
| Angola | 4.2 | 7.5 | 2.7 | 2.5 | -15.9% |
| Saint Lucia | 5.9 | 4.7 | 3.6 | N/A | -21.9% |
| Iraq | 27.1 | N/A | 0.3 | N/A | -89.5% |
| Others | 19.8 | 49.2 | 18.8 | 18.8 | -1.7% |
| Total | 175 | 242 | 165 | 165 | -1.9% |
Top Export Markets for Milled Rice from Brazil in 2022:
- Iraq (undefinedK tons)
- Cuba (118.7K tons)
- Peru (64.8K tons)
- Venezuela (48.4K tons)
- Algeria (16.5K tons)
- Cabo Verde (13.6K tons)
- United States (12.8K tons)
- Saudi Arabia (8.3K tons)
- Bolivia (5.6K tons)
- Angola (4.4K tons)
This report provides an in-depth analysis of the milled rice market in Brazil. 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 10611230 - Semi-milled or wholly milled (bleached) rice (including camolino rice)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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