India - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMilled Rice Price in India - 2023
Contents:
- Milled Rice Price in India (FOB) - 2023
- Milled Rice Price in India (CIF) - 2023
- Milled Rice Exports in India
- Milled Rice Imports in India
Milled Rice Price in India (FOB) - 2023
In June 2023, the average milled rice export price amounted to $560 per ton, remaining constant against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 7.5% against the previous month. The export price peaked at $564 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Saudi Arabia ($1,093 per ton), while the average price for exports to Madagascar ($300 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 Saudi Arabia (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Price in India (CIF) - 2023
The average milled rice import price stood at $1,063 per ton in June 2023, surging by 27% against the previous month. Over the period under review, import price indicated pronounced growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, milled rice import price increased by +79.4% against February 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 62% against the previous month. The import price peaked at $1,319 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($1,087 per ton), while the price for Vietnam ($912 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 Italy (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Exports in India
For the fourth consecutive year, India recorded growth in shipments abroad of semi-milled or wholly milled (bleached) rice, which increased by 6.3% to 18M tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, milled rice exports amounted to $9.4B in 2022. The total export value increased at an average annual rate of +12.4% over the period 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 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Milled Rice in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 1,446 | 876 | 665 | 1,155 | -7.2% |
| Saudi Arabia | 1,072 | 1,097 | 792 | 989 | -2.7% |
| Benin | 247 | 346 | 450 | 546 | 30.3% |
| United Arab Emirates | 371 | 404 | 280 | 431 | 5.1% |
| Cote d'Ivoire | 119 | 197 | 294 | 383 | 47.6% |
| Togo | 111 | 264 | 235 | 305 | 40.1% |
| Guinea | 122 | 200 | 261 | 284 | 32.5% |
| Bangladesh | 17.2 | 3.3 | 916 | 250 | 144.0% |
| Sri Lanka | 3.5 | 3.5 | 89.2 | 219 | 297.0% |
| Nepal | 174 | 221 | 259 | 206 | 5.8% |
| Madagascar | 9.3 | 91.8 | 142 | 194 | 175.3% |
| Somalia | 131 | 149 | 143 | 181 | 11.4% |
| Cameroon | 3.9 | 35.2 | 147 | 172 | 253.3% |
| Others | 2,790 | 3,595 | 3,689 | 4,085 | 13.6% |
| Total | 6,617 | 7,484 | 8,361 | 9,400 | 12.4% |
Top Export Markets for Milled Rice from India in 2022:
- Benin (1.6M tons)
- Iran (1.2M tons)
- Cote d'Ivoire (1.1M tons)
- Saudi Arabia (1.0M tons)
- Togo (0.9M tons)
- Guinea (0.8M tons)
- Bangladesh (0.7M tons)
- Sri Lanka (0.7M tons)
- Madagascar (0.6M tons)
- Nepal (0.5M tons)
- Somalia (0.5M tons)
- United Arab Emirates (0.5M tons)
- Cameroon (0.5M tons)
Milled Rice Imports in India
In 2022, supplies from abroad of semi-milled or wholly milled (bleached) rice increased by 302% to 11K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline.
In value terms, milled rice imports surged to $7.1M in 2022. Overall, imports, however, saw a abrupt shrinkage.
| Import of Milled Rice in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 2,810 | 0% |
| Thailand | 897 | 771 | 662 | 2,462 | 40.0% |
| Italy | 171 | 46.8 | 212 | 466 | 39.7% |
| United States | 510 | 185 | 208 | 313 | -15.0% |
| Vietnam | N/A | N/A | 90.3 | 143 | 58.4% |
| Oman | 95.9 | 505 | 403 | 123 | 8.6% |
| Jordan | N/A | N/A | 31.2 | 96.6 | 209.6% |
| Sri Lanka | N/A | 7.0 | N/A | 78.2 | 234.2% |
| United Arab Emirates | 1,636 | 590 | 430 | 54.3 | -67.9% |
| Russia | 6,312 | 6.7 | 111 | 23.0 | -84.6% |
| Turkey | N/A | 302 | N/A | N/A | 0% |
| Others | 1,153 | 329 | 306 | 537 | -22.5% |
| Total | 10,775 | 2,743 | 2,455 | 7,106 | -13.0% |
Top Suppliers of Milled Rice to India in 2022:
- Russia (undefinedK tons)
- Bangladesh (6.6K tons)
- Thailand (2.4K tons)
- Italy (0.3K tons)
- Oman (0.2K tons)
- United States (0.2K tons)
- Vietnam (0.2K tons)
- Jordan (0.2K tons)
- Sri Lanka (0.2K tons)
- United Arab Emirates (0.1K tons)
This report provides an in-depth analysis of the milled rice market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
446
This report provides an in-depth analysis of the milled rice market in India.
296
This report provides an in-depth analysis of the milled rice market in India.
975
This report provides an in-depth analysis of the rice market in India.
1056
This report provides an in-depth analysis of the paddy rice market in India.
448
This report provides an in-depth analysis of the broken rice market in India.
327
This report provides an in-depth analysis of the brown rice market in India.
616
This report provides an in-depth analysis of the grain market in India.
601
This report provides an in-depth analysis of the global milled rice market.
484
This report provides an in-depth analysis of the global milled rice market.
7818
This report provides an in-depth analysis of the global rice market.
390
In November 2022, rice prices averaged $476 per ton FOB from India, a 2.1% month-over-month increase.
292
In March 2023, the Rice Paddy price in India stood at $337 per ton (FOB), showing a decrease of -1.8% compared to the previous month.
60
Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
250
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.
823
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.
783
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.
1403
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
10402
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2135
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1481
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
