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

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

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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.


Get FREE access to the latest data and statistics on the Rice Paddy Market.

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 ton
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 ton), while Paraguay ($273 per ton) 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 ton
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 ton), while Colombia ($213 per ton) 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.

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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)

Source: IndexBox Market Intelligence Platform

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Blog
Event
China Emerges as the Largest Rice Importer in the World
Apr 19, 2018
Eye 1370

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 10352

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 2102

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 1446

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 1499

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 1307

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

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The World's Best Import Markets for Rice
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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.

Rice Price to Stabilize on Adequate Supply and Low-Cost Shipments from India
Feb 14, 2022
Eye 802

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. 

Crowding Competitors Out with Lower Prices, Indian Exports Dominate the Global Rice Market
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Eye 749

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. 

Free Data: Paddy Rice - World