Pakistan - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in Pakistan - 2023
Contents:
- Paddy Rice Price in Pakistan (CIF) - 2022
- Paddy Rice Price in Pakistan (FOB) - 2022
- Paddy Rice Imports in Pakistan
- Paddy Rice Exports in Pakistan
Paddy Rice Price in Pakistan (CIF) - 2022
In 2022, the average paddy rice import price amounted to $3,290 per ton, which is down by -6.4% against the previous year. Overall, the import price, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 325%. The import price peaked at $3,545 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($3,321 per ton), while the price for Myanmar ($3,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.2%), while the prices for the other major suppliers experienced a decline.
Paddy Rice Price in Pakistan (FOB) - 2022
In 2022, the average paddy rice export price amounted to $83 per ton, with a decrease of -28.2% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 60%. Over the period under review, the average export prices reached the maximum at $255 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($615 per ton), while the average price for exports to the United Arab Emirates ($56 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 Oman (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Paddy Rice Imports in Pakistan
In 2022, paddy rice imports into Pakistan totaled 12K tons, with an increase of 3.4% on 2021. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, paddy rice imports shrank to $40M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $41M, and then shrank in the following year.
| Import of Paddy Rice in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.7 | 32.7 | 40.5 | 37.9 | 4.0% |
| Bangladesh | N/A | 0.2 | N/A | 1.1 | 134.5% |
| Myanmar | N/A | N/A | N/A | 0.7 | 0% |
| Others | 0.4 | 0.4 | 0.5 | N/A | 11.8% |
| Total | 34.1 | 33.3 | 41.0 | 39.7 | 5.2% |
Top Suppliers of Paddy Rice to Pakistan in 2022:
- China (11.5K tons)
- Bangladesh (0.3K tons)
- Myanmar (0.2K tons)
Paddy Rice Exports in Pakistan
In 2022, exports of paddy rice from Pakistan declined markedly to 15K tons, waning by -17.6% compared with 2021. Overall, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports attained the peak of 19K tons, and then dropped notably in the following year.
In value terms, paddy rice exports contracted notably to $1.3M in 2022. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 6.1%. As a result, the exports reached the peak of $2.2M, and then dropped notably in the following year.
| Export of Paddy Rice in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 17.0 | 80.3 | 145 | 643 | 235.7% |
| Kenya | 110 | 57.4 | 3.7 | 384 | 51.7% |
| Somalia | N/A | N/A | N/A | 166 | 0% |
| Oman | 23.7 | 5.7 | 7.0 | 86.3 | 53.8% |
| Afghanistan | 101 | 1.1 | 1.4 | 0.6 | -81.9% |
| Burkina Faso | 30.7 | 31.2 | 31.9 | N/A | 1.9% |
| Uganda | 144 | 175 | 212 | N/A | 21.3% |
| China | 1,075 | 1,085 | 1,095 | N/A | 0.9% |
| Zimbabwe | 80.8 | 164 | 166 | N/A | 43.3% |
| Ethiopia | 97.8 | 66.5 | 45.3 | N/A | -31.9% |
| South Africa | 57.6 | 52.9 | 48.2 | N/A | -8.5% |
| Georgia | 45.4 | 33.5 | 24.1 | N/A | -27.1% |
| Others | 312 | 302 | 400 | 10.4 | -67.8% |
| Total | 2,096 | 2,054 | 2,179 | 1,289 | -15.0% |
Top Export Markets for Paddy Rice from Pakistan in 2022:
- Afghanistan (undefinedK tons)
- United Arab Emirates (11.4K tons)
- Kenya (3.3K tons)
- Oman (0.5K tons)
- Somalia (0.3K tons)
This report provides an in-depth analysis of the paddy rice market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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