India - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Paddy Rice Price in India - 2023

Contents:

  1. Paddy Rice Price in India (FOB) - 2023
  2. Paddy Rice Price in India (CIF) - 2022
  3. Paddy Rice Exports in India
  4. Paddy Rice Imports in India

Paddy Rice Price in India (FOB) - 2023

In July 2023, the average paddy rice export price amounted to $348 per ton, rising by 8.6% against the previous month. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in September 2022 an increase of 40% month-to-month. Over the period under review, the average export prices attained the peak figure at $823 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the Philippines ($2,316 per ton), while the average price for exports to Nepal stood at $272 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+1.4%).

Paddy Rice Price in India (CIF) - 2022

The average paddy rice import price stood at $4,744 per ton in 2022, picking up by 194% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($24,887 per ton), while the price for the Philippines ($2,330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+153.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Paddy Rice Exports in India

In 2022, overseas shipments of paddy rice decreased by -33.3% to 461K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 68%.

In value terms, paddy rice exports contracted remarkably to $151M in 2022. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports reached the peak of $210M, and then fell remarkably in the following year.

Export of Paddy Rice in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal60.597.516011624.2%
Philippines17.025.036.325.414.3%
Others12.213.913.09.3-8.7%
Total89.713621015119.0%

Top Export Markets for Paddy Rice from India in 2022:

  1. Nepal (446.2K tons)
  2. Philippines (9.7K tons)

Paddy Rice Imports in India

In 2022, approx. 1.4 tons of paddy rice were imported into India; reducing by -99.4% against 2021. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9,121%. As a result, imports attained the peak of 228 tons, and then declined markedly in the following year.

In value terms, paddy rice imports reduced sharply to $6.6K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 13,412% against the previous year. As a result, imports attained the peak of $368K, and then plummeted in the following year.

Import of Paddy Rice in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines0.1N/A0.62.8203.7%
United States0.1N/A2.71.8162.1%
IndonesiaN/AN/AN/A1.10%
Brazil0.1N/A0.30.9108.0%
Vietnam2.8N/AN/AN/A0%
United Arab Emirates17.22.772.7N/A105.6%
NepalN/AN/A292N/A0%
Others3.7N/AN/AN/A0%
Total24.02.73686.6-35.0%

Top Suppliers of Paddy Rice to India in 2022:

  1. Philippines (1213.0 kg)
  2. United States (71.0 kg)
  3. Indonesia (58.0 kg)
  4. Brazil (44.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paddy 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:

  • FCL 27 - Rice, paddy

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
India - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 1058

This report provides an in-depth analysis of the paddy rice market in India.

India - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 616

This report provides an in-depth analysis of the grain market in India.

India - Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 976

This report provides an in-depth analysis of the rice market in India.

India - Milled Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 297

This report provides an in-depth analysis of the milled rice market in India.

India - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 449

This report provides an in-depth analysis of the broken rice market in India.

India - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 328

This report provides an in-depth analysis of the brown rice market in India.

India - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 448

This report provides an in-depth analysis of the milled rice market in India.

World - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 1539

This report provides an in-depth analysis of the global paddy rice market.

World - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 3932

This report provides an in-depth analysis of the global grain market.

World - Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 7823

This report provides an in-depth analysis of the global rice market.

Paddy Rice Price Dips to $337/ton in India
Jul 29, 2023
Eye 294

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.

Indian Rice Price Increases to $476 per Ton
Apr 10, 2023
Eye 393

In November 2022, rice prices averaged $476 per ton FOB from India, a 2.1% month-over-month increase.

China Emerges as the Largest Rice Importer in the World
Apr 19, 2018
Eye 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

Which Country Eats the Most Rice in the World?
Feb 9, 2018
Eye 10403

Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Exports the Most Rice in the World?
Feb 1, 2018
Eye 2136

Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.

Which Country Imports the Most Rice in the World?
Jan 25, 2018
Eye 1481

Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Produces the Most Rice in the World?
Nov 10, 2017
Eye 1533

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.

Rice Market - India’s Rice Exports Slipped 3% in 2014
Sep 7, 2015
Eye 1329

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

Top Import Markets for Grain: China, Japan, Mexico, and More
Nov 30, 2023
Eye 238

Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.

The World's Best Import Markets for Rice
Feb 16, 2024
Eye 251

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.

Free Data: Paddy Rice - India