Eastern Europe: Milled Rice Market 2020

Milled Rice Market Size in Eastern Europe

In 2019, the East European milled rice market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Milled Rice Production in Eastern Europe

In value terms, milled rice production surged to $X in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Russia (X tons) remains the largest milled rice producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, milled rice production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), more than tenfold. The third position in this ranking was occupied by Bulgaria (X tons), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Russia totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Poland (+X% per year) and Bulgaria (+X% per year).

In 2019, the average milled rice yield in Eastern Europe expanded slightly to X tons per ha, increasing by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2009 when the yield increased by X% against the previous year. The level of yield peaked in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The milled rice harvested area amounted to X ha in 2019, almost unchanged from 2018. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the harvested area increased by X% year-to-year. The level of harvested area peaked at X ha in 2011; however, from 2012 to 2019, the harvested area remained at a lower figure.

Production By Country in Eastern Europe

Russia (X tons) constituted the country with the largest volume of milled rice production, accounting for X% of total volume. Moreover, milled rice production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), more than tenfold. Bulgaria (X tons) ranked third in terms of total production with a X% share.

In Russia, milled rice production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Poland (+X% per year) and Bulgaria (+X% per year).

Milled Rice Exports

Exports in Eastern Europe

In 2019, milled rice exports in Eastern Europe reduced to X tons, shrinking by -X% compared with the previous year. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. As a result, exports reached the peak of X tons. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, milled rice exports reached $X in 2019. In general, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Russia (X tons) was the major exporter of milled rice, committing X% of total exports. It was distantly followed by Bulgaria (X tons), Poland (X tons), the Czech Republic (X tons) and Romania (X tons), together constituting a X% share of total exports. Lithuania (X tons) and Hungary (X tons) took a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2019, together comprising X% of total exports. These countries were followed by Bulgaria, Romania, Lithuania and Hungary, which together accounted for a further X 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 leaders experienced more modest paces of growth.

Export Prices by Country

The milled rice export price in Eastern Europe stood at $X per ton in 2019, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Milled Rice Imports

Imports in Eastern Europe

In 2019, supplies from abroad of milled rice increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the immediate term.

In value terms, milled rice imports rose modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly X% of total imports of milled rice in 2019. It was distantly followed by the Czech Republic (X tons), Ukraine (X tons), Romania (X tons) and Hungary (X tons), together committing a X% share of total imports. Slovakia (X tons) took a little share of total imports.

From 2007 to 2019, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together comprising X% of total imports. Ukraine, Romania, Hungary and Slovakia lagged somewhat behind, together comprising a further X the main importing countries, Ukraine recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the milled rice import price in Eastern Europe amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Slovakia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ukraine, while the other leaders experienced more modest paces of growth.

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