Rice Paddy Market

Rice paddy market: enjoy newly released facts and figures powered by an Ai-driven business intelligence tool. Facts and figures provide consumption, imports, companies, market size, exports, trade, production, and market prices. Here is a breakdown by country, including Russia, EU, the Middle East, Latin America, China, the U.K., the U.S., and Africa. Market insights and outlook to 2030 are also provided in the snapshots.


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Rice Paddy - World's Largest Markets

RatingCountry
1China
2Bangladesh
3India
4Indonesia
5Thailand

In value terms, China led the market, alone. The second position in the ranking was occupied by Bangladesh. It was followed by India.

In China, the rice paddy market declined by an average annual rate of -5.4% over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: Bangladesh (+12.5% per year) and India (-0.9% per year).

Rice Paddy Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Paraguay19819827317.4%
India362329307-7.9%
United States2953403397.2%
Uruguay27831237215.7%
Brazil33734644615.0%
China36002120484-63.3%
Average3393703795.7%

Prices varied noticeably by the country of origin; the country with the highest price was China ($484 per tonne), while Paraguay ($273 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Philippines21052617667-43.7%
Nicaragua38141746710.7%
Turkey36344046713.4%
Mexico29034736612.3%
Brazil22233535726.8%
Costa Rica3183423312.0%
Honduras3073283181.8%
El Salvador314290309-0.8%
Guatemala315285303-1.9%
Panama302294296-1.0%
Venezuela2752982841.6%
Nepal262254257-1.0%
Colombia396331213-26.7%
Average3523823854.6%

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($667 per tonne), while Colombia ($213 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Rice Paddy - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Mexico0.20.30.39.2%
Brazil0.020.080.2246.3%
Turkey0.040.080.185.0%
Venezuela0.10.090.1-7.1%
Philippines0.030.060.0880.2%

In value terms, the largest rice paddy importing markets worldwide were Mexico ($276M), Brazil ($243M) and Turkey ($126M), together comprising 44% of global imports.

In terms of the main importing countries, Brazil (+246.3% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Rice Paddy - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States0.50.50.54.7%
China0.060.080.5173.2%
India0.090.10.252.9%
Uruguay0.050.050.0826.5%
Brazil0.006744070.070.05159.8%

In value terms, the largest rice paddy supplying countries worldwide were the United States ($511M), China ($471M) and India ($210M), with a combined 81% share of global exports.

China (+173.2% per year) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Rice Paddy - Market Forecast

Driven by rising demand for rice paddy worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Rice Paddy - Top Companies

Guangshan County Xinpeng Family Farm, Hubei Yonggang Agriculture Development Co., Ltd., Tianchang Xingbang Family Farm, Huanggang Yimin Agriculture Technology Development Co., Ltd., Zongyang County Xiangrui Family Farm, Nanling County Huangshihong Cultivating And Breeding Comprehensive Family Farm, Luoshan County Mangzhang Town Xinle Family Farm, Shucheng County Caozhuang Family Farm, Haicheng City Mingyu Family Farm, Huaining County Fengyi Family Farm, Tianmen Xiangsheng Ecology Agriculture Specialty Cooperative, Jiangsu Provincial Agricultural Reclamation and Development Co., Ltd., Dingyuan County Jiuzi Chuanyang Plantation Family Farm, Huaining County Xiaoshi Town Minmin Family Farm, Anyang Fenghuanggang Eco Tourism Co.,Ltd., Dangyang Zonghai Rice Specialty Cooperative, Tongling Huaqin Plantation Specialty Cooperative, Gushi County Xiechangjun Plantation Specialty Cooperative, Yichang Tangya Rice Specialty Cooperative, Tianchang Wanglin Family Farm

Rice Paddy - Product Coverage

  • HS 100610 - Cereals; rice in the husk (paddy or rough)
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World - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global rice paddy market.

Eastern Asia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Eastern Asia.

Africa - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Africa.

Australia and Oceania - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Australia and Oceania.

South-Eastern Asia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in South-Eastern Asia.

Central Asia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Central Asia.

Northern America - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Northern America.

Latin America and the Caribbean - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Latin America and the Caribbean.

Middle East - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in the Middle East.

Southern Asia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the rice paddy market in Southern Asia.

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