China - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in China - 2023
Contents:
- Milled Rice Price in China (CIF) - 2023
- Milled Rice Price in China (FOB) - 2023
- Milled Rice Imports in China
- Milled Rice Exports in China
Milled Rice Price in China (CIF) - 2023
In June 2023, the average milled rice import price amounted to $599 per ton, with an increase of 7.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in December 2022 an increase of 13% against the previous month. The import price peaked 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 Thailand ($755 per ton), while the price for India ($383 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 Pakistan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Price in China (FOB) - 2023
In June 2023, the average milled rice export price amounted to $596 per ton, picking up by 24% against the previous month. Overall, the export price posted a tangible increase. The growth pace was the most rapid in January 2023 when the average export price increased by 44% month-to-month. The export price peaked at $814 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Japan ($1,220 per ton), while the average price for exports to Papua New Guinea ($408 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 Puerto Rico (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Imports in China
In 2022, the amount of semi-milled or wholly milled (bleached) rice imported into China expanded rapidly to 2.7M tons, increasing by 11% compared with the previous year. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, milled rice imports expanded notably to $1.3B in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Milled Rice in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 224 | 222 | 322 | 345 | 15.5% |
| Thailand | 316 | 192 | 258 | 321 | 0.5% |
| Pakistan | 229 | 135 | 249 | 212 | -2.5% |
| Cambodia | 210 | 158 | 190 | 185 | -4.1% |
| Myanmar | 2.5 | 223 | 167 | 171 | 309.0% |
| India | 0.5 | 0.3 | 12.1 | 71.1 | 422.0% |
| Others | 67.1 | 92.1 | 49.7 | 37.6 | -17.6% |
| Total | 1,049 | 1,022 | 1,248 | 1,342 | 8.6% |
Top Suppliers of Milled Rice to China in 2022:
- Vietnam (656.0K tons)
- Thailand (544.1K tons)
- Pakistan (521.8K tons)
- Myanmar (400.2K tons)
- Cambodia (298.7K tons)
- India (179.8K tons)
Milled Rice Exports in China
In 2022, milled rice exports from China dropped to 1.9M tons, falling by -11.7% against the previous year's figure. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 7.1%.
In value terms, milled rice exports fell slightly to $733M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Milled Rice in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 134 | 76.2 | 80.2 | 163 | 6.7% |
| Turkey | 74.0 | 9.6 | 38.4 | 77.0 | 1.3% |
| Papua New Guinea | 44.8 | 45.5 | 54.8 | 73.5 | 17.9% |
| Japan | 21.1 | 51.4 | 53.8 | 69.1 | 48.5% |
| Sierra Leone | 39.1 | 57.9 | 54.7 | 60.1 | 15.4% |
| Puerto Rico | N/A | 19.5 | 27.8 | 37.2 | 38.1% |
| Mongolia | 17.2 | 21.6 | 18.7 | 22.3 | 9.0% |
| Mozambique | 11.9 | 14.1 | 11.7 | 15.2 | 8.5% |
| Niger | 36.6 | 34.5 | 38.7 | 14.9 | -25.9% |
| Guinea-Bissau | 9.2 | 17.2 | 21.0 | 13.4 | 13.4% |
| Timor-Leste | 3.2 | 13.9 | 11.9 | 12.4 | 57.1% |
| Ghana | 2.5 | 6.0 | 21.7 | 11.2 | 64.9% |
| Cameroon | 36.8 | 50.1 | 40.6 | 8.5 | -38.6% |
| Others | 446 | 247 | 271 | 156 | -29.5% |
| Total | 877 | 664 | 745 | 733 | -5.8% |
Top Export Markets for Milled Rice from China in 2022:
- Egypt (481.2K tons)
- Turkey (225.7K tons)
- Sierra Leone (195.5K tons)
- Papua New Guinea (186.5K tons)
- Puerto Rico (105.0K tons)
- Japan (60.6K tons)
- Niger (51.1K tons)
- Mozambique (44.3K tons)
- Mongolia (42.1K tons)
- Guinea-Bissau (41.1K tons)
- Timor-Leste (37.5K tons)
- Ghana (35.0K tons)
- Cameroon (28.0K tons)
This report provides an in-depth analysis of the milled rice market in China. 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:
- China
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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This report provides an in-depth analysis of the milled rice market in China.
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Throughout January-August 2021, China's rice imports reached 3.2M tons, the highest level ever. India sharply boosted supplies of broken rice to 1M tons, becoming the largest exporter to China. Broken rice purchases from other leading suppliers, Vietnam, Pakistan and Thailand, have also risen.
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Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
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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 consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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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.
