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Belize - Rice - Market Analysis, Forecast, Size, Trends And Insights
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Belize: Rice Market Overview 2020

Rice Exports

Exports from Belize

Rice exports from Belize amounted to X tonnes in 2018, growing by X% against the previous year. Overall, rice exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, rice exports stood at $X in 2018. Overall, the total exports indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rice exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. In that year, rice exports attained their peak of $X. From 2016 to 2018, the growth of rice exports remained at a somewhat lower figure.

Exports by Country

Guatemala (X tonnes) was the main destination for rice exports from Belize, with a X% share of total exports. Moreover, rice exports to Guatemala exceeded the volume sent to the second major destination, Barbados (X tonnes), fivefold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Guatemala was relatively modest.

In value terms, Barbados ($X) remains the key foreign market for rice exports from Belize, comprising X% of total rice exports. The second position in the ranking was occupied by Guatemala ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Barbados stood at +X%.

Export Prices by Country

In 2018, the average rice export price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the rice export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. In that year, the average export prices for rice reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for rice remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Barbados ($X per tonne), while the average price for exports to Guatemala totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Barbados.

Rice Imports

Imports into Belize

Rice imports into Belize amounted to X tonnes in 2018, picking up by X% against the previous year. Overall, rice imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, rice imports attained their peak of X tonnes. From 2012 to 2018, the growth of rice imports remained at a lower figure.

In value terms, rice imports totaled $X in 2018. Over the period under review, rice imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, rice imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Guyana (X tonnes) constituted the largest rice supplier to Belize, with a X% share of total imports. Moreover, rice imports from Guyana exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), sevenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Guyana amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Taiwan, Chinese (+X% per year).

In value terms, Guyana ($X) constituted the largest supplier of rice to Belize, comprising X% of total rice imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Guyana stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Taiwan, Chinese (+X% per year).

Import Prices by Country

The average rice import price stood at $X per tonne in 2018, lowering by -X% against the previous year. Over the period under review, the rice import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Guyana ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:

This report provides an in-depth analysis of the rice market in Belize. 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.


Country coverage:
• Belize

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belize
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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