CIS: Paddy Rice Market 2024

Paddy Rice Market Size in CIS

The CIS paddy rice market expanded to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Paddy Rice Production in CIS

In value terms, paddy rice production stood at $X in 2022 estimated in export price. Overall, production, however, saw a mild descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Russia (X tons) constituted the country with the largest volume of paddy rice production, comprising approx. X% of total volume. Moreover, paddy rice production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), twofold. Uzbekistan (X tons) ranked third in terms of total production with a X% share.

In Russia, paddy rice production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

In 2022, the average paddy rice yield in the CIS reached X tons per ha, almost unchanged from the previous year. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the paddy rice yield reached the maximum level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of paddy rice were harvested in the CIS; surging by X% against 2021. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to paddy rice production reached the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Paddy Rice Exports

Exports in CIS

In 2022, approx. X tons of paddy rice were exported in the CIS; shrinking by X% compared with the year before. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, paddy rice exports declined remarkably to $X in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia was the largest exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Kazakhstan (X tons), creating an X% share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest paddy rice supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Russia, paddy rice exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Paddy Rice Imports

Imports in CIS

In 2022, supplies from abroad of paddy rice was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, paddy rice imports reduced to $X in 2022. In general, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Uzbekistan was the major importing country with an import of around X tons, which recorded X% of total imports. Russia (X tons) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Kyrgyzstan (X%). Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to paddy rice imports into Uzbekistan stood at X%. At the same time, Tajikistan (X%), Kyrgyzstan (X%), Russia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Russia (X p.p.), Kazakhstan (X p.p.), Kyrgyzstan (X p.p.) and Tajikistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported paddy rice in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, saw temperate growth. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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