Milled Rice Price in Venezuela - 2022
Contents:
- Milled Rice Price in Venezuela (CIF) - 2022
- Milled Rice Price in Venezuela (FOB) - 2022
- Milled Rice Imports in Venezuela
- Milled Rice Exports in Venezuela
Milled Rice Price in Venezuela (CIF) - 2022
The average milled rice import price stood at $517 per ton in 2022, picking up by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $809 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Guyana ($626 per ton), while the price for Argentina ($66 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Price in Venezuela (FOB) - 2022
In 2022, the average milled rice export price amounted to $628 per ton, jumping by 22% against the previous year. In general, the export price, however, recorded a deep setback. The export price peaked at $1,098 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($1,314 per ton), while the average price for exports to Bahrain ($553 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+326.1%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Imports in Venezuela
For the fourth year in a row, Venezuela recorded growth in purchases abroad of semi-milled or wholly milled (bleached) rice, which increased by 7.8% to 285K tons in 2022. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports reached $147M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat 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.
| Import of Milled Rice in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | 84.1 | 77.7 | 67.4 | 91.4 | 2.8% |
| Brazil | 28.0 | 30.1 | 31.1 | 22.8 | -6.6% |
| India | 7.5 | 16.1 | 19.9 | 22.0 | 43.1% |
| Argentina | 3.4 | 3.3 | 3.1 | 2.6 | -8.6% |
| Others | 11.0 | 4.5 | 8.0 | 8.5 | -8.2% |
| Total | 134 | 132 | 129 | 147 | 3.1% |
Top Suppliers of Milled Rice to Venezuela in 2022:
- Guyana (146.0K tons)
- India (46.5K tons)
- Brazil (40.9K tons)
- Argentina (40.2K tons)
Milled Rice Exports in Venezuela
In 2022, the amount of semi-milled or wholly milled (bleached) rice exported from Venezuela shrank rapidly to 12 tons, reducing by -71.4% against the previous year. Overall, exports saw a significant decrease. The smallest decline of -27.5% was in 2021.
In value terms, milled rice exports fell rapidly to $7.6K in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of -41% was in 2020.
| Export of Milled Rice in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | 5.6 | N/A | 5.7 | 0.9% |
| Austria | N/A | N/A | 11.2 | 0.7 | -93.8% |
| Maldives | N/A | N/A | N/A | 0.4 | 0% |
| Luxembourg | 0.2 | 0.5 | 10.5 | 0.1 | -20.6% |
| Sri Lanka | N/A | 30.8 | N/A | N/A | 0% |
| France | 62.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.7 | 0% |
| Total | 62.6 | 36.9 | 21.8 | 7.6 | -50.5% |
Top Export Markets for Milled Rice from Venezuela in 2022:
- Bahrain (10.3 tons)
- Maldives (0.7 tons)
- Austria (0.5 tons)
648
This report provides an in-depth analysis of the rice market in Venezuela.
490
This report provides an in-depth analysis of the paddy rice market in Venezuela.
284
This report provides an in-depth analysis of the grain market in Venezuela.
623
This report provides an in-depth analysis of the global milled rice market.
497
This report provides an in-depth analysis of the global milled rice market.
7869
This report provides an in-depth analysis of the global rice market.
1573
This report provides an in-depth analysis of the global paddy rice market.
1385
This report provides an in-depth analysis of the global broken rice market.
746
This report provides an in-depth analysis of the global brown rice market.
3954
This report provides an in-depth analysis of the global grain market.
81
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.
289
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.
834
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.
796
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.
1424
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
10423
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2161
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1505
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1550
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.
1339
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
