Germany - Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRice Price in Germany - 2023
Contents:
- Rice Price in Germany (CIF) - 2023
- Rice Price in Germany (FOB) - 2023
- Rice Imports in Germany
- Rice Exports in Germany
Rice Price in Germany (CIF) - 2023
The average rice import price stood at $1,376 per ton in July 2023, declining by -3.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in October 2022 an increase of 10% month-to-month. Over the period under review, average import prices reached the peak figure at $1,500 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($1,770 per ton), while the price for Myanmar ($617 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Rice Price in Germany (FOB) - 2023
In July 2023, the average rice export price amounted to $1,686 per ton, with an increase of 5.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in November 2022 when the average export price increased by 28% m-o-m. As a result, the export price reached the peak level of $1,832 per ton. From December 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($2,834 per ton), while the average price for exports to Poland ($971 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Rice Imports in Germany
In 2022, approx. 416K tons of rice were imported into Germany; growing by 1.7% compared with 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 474K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, rice imports totaled $511M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Rice in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 116 | 138 | 137 | 163 | 12.0% |
| Netherlands | 55.1 | 111 | 114 | 128 | 32.4% |
| Belgium | 60.1 | 89.1 | 82.9 | 80.6 | 10.3% |
| India | 32.8 | 21.7 | 23.5 | 23.2 | -10.9% |
| Pakistan | 22.1 | 15.0 | 12.3 | 19.5 | -4.1% |
| France | 7.3 | 10.9 | 10.8 | 16.8 | 32.0% |
| Spain | 8.4 | 14.7 | 10.2 | 16.4 | 25.0% |
| Thailand | 25.8 | 12.9 | 11.5 | 12.0 | -22.5% |
| Cambodia | 17.3 | 10.0 | 8.3 | 11.0 | -14.0% |
| Vietnam | 3.1 | 5.3 | 7.5 | 9.3 | 44.2% |
| United States | 7.4 | 4.7 | 5.8 | 8.3 | 3.9% |
| Uruguay | 6.7 | 3.9 | 5.2 | 4.4 | -13.1% |
| Others | 28.7 | 37.6 | 20.5 | 18.3 | -13.9% |
| Total | 391 | 475 | 449 | 511 | 9.3% |
Top Suppliers of Rice to Germany in 2022:
- Italy (126.5K tons)
- Netherlands (119.6K tons)
- Belgium (66.0K tons)
- France (14.3K tons)
- India (13.9K tons)
- Pakistan (12.4K tons)
- Spain (12.0K tons)
- Cambodia (10.2K tons)
- Vietnam (8.7K tons)
- Thailand (8.3K tons)
- United States (6.9K tons)
- Uruguay (5.8K tons)
Rice Exports in Germany
For the third consecutive year, Germany recorded decline in overseas shipments of rice, which decreased by -13.3% to 44K tons in 2022. Overall, exports continue to indicate a abrupt decrease. The smallest decline of -3.8% was in 2020.
In value terms, rice exports declined to $73M in 2022. In general, exports showed a mild slump. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports reached the peak of $85M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Rice in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 13.7 | 15.8 | 13.2 | 13.5 | -0.5% |
| Netherlands | 8.1 | 9.0 | 10.0 | 9.0 | 3.6% |
| Poland | 20.3 | 18.6 | 8.4 | 6.3 | -32.3% |
| France | 4.3 | 5.2 | 5.2 | 6.0 | 11.7% |
| Denmark | 5.2 | 6.1 | 5.8 | 5.4 | 1.3% |
| Italy | 2.0 | 2.1 | 3.1 | 4.6 | 32.0% |
| Belgium | 4.1 | 4.2 | 5.3 | 4.5 | 3.2% |
| Sweden | 2.8 | 3.3 | 3.5 | 4.2 | 14.5% |
| Czech Republic | 1.9 | 2.5 | 3.7 | 2.8 | 13.8% |
| Spain | 0.8 | 0.7 | 2.0 | 2.6 | 48.1% |
| Slovakia | 0.3 | 0.4 | 1.1 | 2.3 | 97.2% |
| Hungary | 2.4 | 5.5 | 2.4 | 1.7 | -10.9% |
| Others | 10.5 | 11.1 | 10.6 | 10.2 | -1.0% |
| Total | 76.6 | 84.7 | 74.4 | 73.0 | -1.6% |
Top Export Markets for Rice from Germany in 2022:
- Austria (6.0K tons)
- Netherlands (4.9K tons)
- Italy (4.2K tons)
- Poland (4.1K tons)
- Denmark (3.3K tons)
- France (3.1K tons)
- Belgium (3.1K tons)
- Sweden (2.9K tons)
- Slovakia (2.3K tons)
- Spain (2.3K tons)
- Czech Republic (1.8K tons)
- Hungary (0.9K tons)
This report provides an in-depth analysis of the rice market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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