Italy - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in Italy - 2023
Contents:
- Milled Rice Price in Italy (FOB) - 2023
- Milled Rice Price in Italy (CIF) - 2023
- Milled Rice Exports in Italy
- Milled Rice Imports in Italy
Milled Rice Price in Italy (FOB) - 2023
The average milled rice export price stood at $1,683 per ton in June 2023, picking up by 7.1% against the previous month. In general, export price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.0% 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 export price increased by +50.0% against September 2022 indices. The growth pace was the most rapid in January 2023 an increase of 11% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,903 per ton), while the average price for exports to Poland ($1,257 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 Spain (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Price in Italy (CIF) - 2023
In June 2023, the average milled rice import price amounted to $1,067 per ton, approximately reflecting the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 53% against the previous month. Over the period under review, average import prices attained the maximum at $1,265 per ton in October 2022; however, from November 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Romania ($1,546 per ton), while the price for Myanmar ($602 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 Romania (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Exports in Italy
In 2022, the amount of semi-milled or wholly milled (bleached) rice exported from Italy rose markedly to 640K tons, picking up by 6.6% compared with 2021 figures. The total export volume increased at an average annual rate of +4.2% 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 12%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, milled rice exports rose significantly to $715M in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Milled Rice in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 125 | 140 | 148 | 159 | 8.4% |
| Germany | 99.5 | 136 | 125 | 155 | 15.9% |
| United Kingdom | 45.9 | 57.4 | 56.4 | 65.1 | 12.4% |
| Austria | 18.3 | 22.2 | 22.2 | 28.5 | 15.9% |
| Netherlands | 15.4 | 18.8 | 20.7 | 27.9 | 21.9% |
| Spain | 10.7 | 10.3 | 17.1 | 26.9 | 36.0% |
| Czech Republic | 16.9 | 17.9 | 23.0 | 24.6 | 13.3% |
| Switzerland | 13.1 | 16.9 | 19.5 | 22.9 | 20.5% |
| Belgium | 16.2 | 16.8 | 16.0 | 19.0 | 5.5% |
| Poland | 15.8 | 14.2 | 14.1 | 14.8 | -2.2% |
| Hungary | 10.2 | 11.3 | 12.3 | 14.0 | 11.1% |
| Denmark | 6.4 | 9.7 | 9.7 | 10.4 | 17.6% |
| Turkey | 22.8 | 27.6 | 16.2 | 5.8 | -36.6% |
| Others | 116 | 117 | 129 | 142 | 7.0% |
| Total | 532 | 616 | 628 | 715 | 10.4% |
Top Export Markets for Milled Rice from Italy in 2022:
- France (146.0K tons)
- Germany (132.4K tons)
- United Kingdom (59.5K tons)
- Spain (31.7K tons)
- Austria (30.4K tons)
- Czech Republic (24.7K tons)
- Netherlands (24.5K tons)
- Belgium (18.0K tons)
- Switzerland (16.8K tons)
- Hungary (15.7K tons)
- Poland (14.0K tons)
- Denmark (10.3K tons)
- Turkey (5.9K tons)
Milled Rice Imports in Italy
In 2022, the amount of semi-milled or wholly milled (bleached) rice imported into Italy surged to 226K tons, rising by 218% compared with 2021 figures. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports soared to $193M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Milled Rice in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1.6 | 1.2 | 5.7 | 64.8 | 243.4% |
| Pakistan | 14.9 | 20.4 | 18.8 | 31.4 | 28.2% |
| Vietnam | 2.5 | 5.7 | 5.1 | 19.0 | 96.6% |
| Thailand | 13.3 | 22.0 | 17.5 | 14.6 | 3.2% |
| Netherlands | 1.7 | 3.1 | 5.7 | 13.9 | 101.5% |
| Cambodia | 4.9 | 3.5 | 1.9 | 11.6 | 33.3% |
| India | 10.2 | 11.4 | 10.0 | 10.9 | 2.2% |
| Spain | 1.8 | 0.4 | 0.9 | 6.8 | 55.7% |
| France | 3.3 | 2.4 | 1.4 | 2.1 | -14.0% |
| Others | 12.2 | 13.7 | 10.5 | 17.4 | 12.6% |
| Total | 66.4 | 83.8 | 77.6 | 193 | 42.7% |
Top Suppliers of Milled Rice to Italy in 2022:
- Myanmar (113.6K tons)
- Pakistan (25.6K tons)
- Vietnam (20.4K tons)
- Thailand (11.4K tons)
- Cambodia (11.1K tons)
- Netherlands (9.6K tons)
- India (7.6K tons)
- Spain (6.6K tons)
- France (2.1K tons)
This report provides an in-depth analysis of the milled rice market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
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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 Italy.
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In September 2022, Rice witnessed a significant growth pace with a remarkable 26% month-on-month increase. Furthermore, in July 2023, rice exports experienced a slight rise, reaching a value of $88M.
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In February 2023, the rice paddy price stood at $1,148 per ton (CIF, Italy), jumping by 79% against 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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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.
