U.S. - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in the United States - 2023
Contents:
- Milled Rice Price in the United States (FOB) - 2023
- Milled Rice Price in the United States (CIF) - 2022
- Milled Rice Exports in the United States
- Milled Rice Imports in the United States
Milled Rice Price in the United States (FOB) - 2023
The average milled rice export price stood at $1,196 per ton in July 2023, with an increase of 18% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in January 2023 when the average export price increased by 31% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($1,710 per ton), while the average price for exports to Haiti ($713 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 Japan (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Price in the United States (CIF) - 2022
In 2022, the average milled rice import price amounted to $912 per ton, leveling off at the previous year. In general, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18%. The import price peaked at $1,248 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($1,529 per ton), while the price for China ($381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Exports in the United States
In 2022, the amount of semi-milled or wholly milled (bleached) rice exported from the United States contracted dramatically to 1.3M tons, with a decrease of -21.7% against 2021 figures. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 5.3% against the previous year.
In value terms, milled rice exports reduced to $1.2B in 2022. Overall, exports saw a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 7.5% against the previous year. As a result, the exports attained the peak of $1.3B, and then reduced in the following year.
| Export of Milled Rice in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 267 | 251 | 284 | 291 | 2.9% |
| Haiti | 207 | 245 | 223 | 231 | 3.7% |
| Canada | 162 | 159 | 160 | 188 | 5.1% |
| Saudi Arabia | 96.7 | 106 | 85.6 | 68.9 | -10.7% |
| Iraq | 71.7 | N/A | 69.6 | 59.3 | -6.1% |
| Mexico | 36.3 | 51.9 | 54.1 | 58.8 | 17.4% |
| South Korea | 34.7 | 46.7 | 78.6 | 56.3 | 17.5% |
| Jordan | 75.5 | 73.2 | 64.2 | 20.9 | -34.8% |
| Taiwan (Chinese) | 19.4 | 15.9 | 23.5 | 18.8 | -1.0% |
| Colombia | 15.0 | 5.8 | 2.9 | 17.6 | 5.5% |
| Dominican Republic | 12.9 | 22.7 | 16.6 | 16.5 | 8.6% |
| Cameroon | 3.5 | 10.6 | 7.3 | 11.4 | 48.2% |
| Others | 208 | 199 | 207 | 116 | -17.7% |
| Total | 1,210 | 1,187 | 1,276 | 1,154 | -1.6% |
Top Export Markets for Milled Rice from the United States in 2022:
- Haiti (382.9K tons)
- Japan (239.9K tons)
- Canada (186.0K tons)
- Iraq (88.0K tons)
- Saudi Arabia (75.6K tons)
- Mexico (60.2K tons)
- South Korea (41.6K tons)
- Taiwan (Chinese) (26.5K tons)
- Colombia (25.9K tons)
- Dominican Republic (22.2K tons)
- Jordan (21.7K tons)
- Cameroon (20.2K tons)
Milled Rice Imports in the United States
In 2022, the amount of semi-milled or wholly milled (bleached) rice imported into the United States soared to 1.2M tons, growing by 34% against the previous year. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports skyrocketed to $1.1B in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
| Import of Milled Rice in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 665 | 678 | 491 | 602 | -3.3% |
| India | 213 | 249 | 193 | 280 | 9.5% |
| China | 23.3 | 24.0 | 23.8 | 32.7 | 12.0% |
| Pakistan | 28.4 | 44.5 | 26.8 | 30.7 | 2.6% |
| Vietnam | 10.4 | 10.0 | 8.8 | 14.9 | 12.7% |
| Brazil | 13.1 | 29.1 | 7.7 | 7.8 | -15.9% |
| Others | 58.2 | 71.9 | 65.5 | 107 | 22.5% |
| Total | 1,012 | 1,107 | 817 | 1,075 | 2.0% |
Top Suppliers of Milled Rice to the United States in 2022:
- Thailand (706.3K tons)
- India (258.0K tons)
- China (85.8K tons)
- Pakistan (20.1K tons)
- Vietnam (19.6K tons)
- Brazil (10.6K tons)
This report provides an in-depth analysis of the milled 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 10611230 - Semi-milled or wholly milled (bleached) rice (including camolino 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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In July 2022, the rice price per ton stood at $812, growing by 9.8% against the previous month.
2063
In May 2022, the rice price per ton amounted to $856 per ton (CIF, US), dropping by -7.5% against the previous month.
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Discover the paddy rice price in February 2023, which increased by 3.5% from the previous month to $410 per ton (FOB, US).
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The U.S. took the fifth spot in global semi- or wholly milled rice exports with a X% share (based on USD), behind India (X%), Thailand (X%), Vietnam (X%) and Pakistan (X%).
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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.
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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
