Comoros: Rice Market Overview 2020

Rice Exports

Exports from Comoros

In 2018, the amount of rice exported from Comoros amounted to X tonnes, increasing by X% against the previous year. In general, rice exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, rice exports amounted to $X in 2018. Over the period under review, rice exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, rice exports attained their maximum at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Italy (X tonnes) was the main destination for rice exports from Comoros, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

The average rice export price stood at $X per tonne in 2018, approximately mirroring the previous year. Overall, the rice export price continues to indicate a temperate shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2007 to 2018, the rate of growth in terms of prices for Italy amounted to X% per year.

Rice Imports

Imports into Comoros

Rice imports into Comoros amounted to X tonnes in 2018, remaining constant against the previous year. Over the period under review, rice imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. In that year, rice imports reached their peak of X tonnes. From 2015 to 2018, the growth of rice imports failed to regain its momentum.

In value terms, rice imports stood at $X in 2018. Overall, rice imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, rice imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, Pakistan (X tonnes) was the main rice supplier to Comoros, with a X% share of total imports. It was followed by India (X tonnes), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Pakistan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Viet Nam (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Pakistan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Viet Nam (-X% per year).

Import Prices by Country

In 2018, the average rice import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price indicated slight growth from 2007 to 2018: its price 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 import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was India ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform