United Kingdom - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in the UK - 2023
Contents:
- Paddy Rice Price in the UK (CIF) - 2022
- Paddy Rice Price in the UK (FOB) - 2022
- Paddy Rice Imports in the UK
- Paddy Rice Exports in the UK
Paddy Rice Price in the UK (CIF) - 2022
The average paddy rice import price stood at $1,208 per ton in 2022, rising by 35% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,555 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,250 per ton), while the price for France ($718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Price in the UK (FOB) - 2022
The average paddy rice export price stood at $2,265 per ton in 2022, waning by -22% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paddy rice export price decreased by -43.3% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 58%. As a result, the export price reached the peak level of $3,997 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
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 Germany ($4,114 per ton), while the average price for exports to Saudi Arabia ($1,000 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 Australia (+72.6%), while the prices for the other major destinations experienced more modest paces of growth.
Paddy Rice Imports in the UK
In 2022, the amount of paddy rice imported into the UK fell dramatically to 362 tons, reducing by -91.9% compared with 2021. In general, imports recorded a precipitous shrinkage. The smallest decline of -8.2% was in 2020.
In value terms, paddy rice imports declined rapidly to $437K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -11.6% was in 2020.
| Import of Paddy Rice in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 89.1 | 95.2 | 156 | 150 | 19.0% |
| France | 100 | 217 | 170 | 112 | 3.8% |
| Netherlands | 70.0 | 27.8 | 51.6 | 63.4 | -3.2% |
| Iraq | N/A | N/A | 0.9 | 33.1 | 3577.8% |
| Bangladesh | N/A | 3.5 | N/A | 23.7 | 160.2% |
| Poland | 9.9 | 10.1 | 0.2 | 14.4 | 13.3% |
| Germany | 717 | 173 | 132 | 10.8 | -75.3% |
| Iran | N/A | N/A | N/A | 8.8 | 0% |
| Italy | 3,327 | 2,875 | 2,011 | 0.6 | -94.4% |
| Greece | 1,450 | 1,660 | 1,293 | N/A | -5.6% |
| Others | 164 | 175 | 187 | 19.9 | -50.5% |
| Total | 5,927 | 5,238 | 4,002 | 437 | -58.1% |
Top Suppliers of Paddy Rice to the UK in 2022:
- France (156.4 tons)
- Ireland (87.3 tons)
- Netherlands (43.2 tons)
- Iraq (28.1 tons)
- Bangladesh (13.1 tons)
- Poland (7.7 tons)
- Iran (6.4 tons)
- Germany (4.8 tons)
- Italy (0.6 tons)
Paddy Rice Exports in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of paddy rice, when their volume increased by 68% to 148 tons. Overall, exports, however, recorded a sharp decrease.
In value terms, paddy rice exports surged to $335K in 2022. Over the period under review, exports, however, recorded a dramatic curtailment.
| Export of Paddy Rice in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.7 | 20.3 | 107 | 192 | 117.3% |
| Gambia | 2.1 | N/A | 2.3 | 89.1 | 248.8% |
| Saudi Arabia | N/A | N/A | 7.9 | 8.2 | 3.8% |
| Ireland | 213 | 221 | 23.9 | 5.7 | -70.1% |
| Spain | 140 | 101 | 0.5 | 3.0 | -72.2% |
| France | 267 | 308 | N/A | 1.6 | -81.8% |
| Thailand | N/A | 14.3 | N/A | N/A | 0% |
| Czech Republic | 29.7 | 31.8 | N/A | N/A | 7.1% |
| Yemen | 59.4 | N/A | N/A | N/A | 0% |
| Others | 136 | 104 | 114 | 35.0 | -36.4% |
| Total | 865 | 801 | 256 | 335 | -27.1% |
Top Export Markets for Paddy Rice from the UK in 2022:
- Gambia (73.0 tons)
- United Arab Emirates (52.8 tons)
- Saudi Arabia (8.2 tons)
- Ireland (1.7 tons)
- Spain (1.2 tons)
- France (0.1 tons)
This report provides an in-depth analysis of the paddy rice market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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