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Latin America and the Caribbean - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Rice Paddy Market Overview 2021

Rice Paddy Market Size in Latin America and the Caribbean

The Latin American rice paddy market declined slightly to $X in 2020, waning by -X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Rice Paddy Production in Latin America and the Caribbean

In value terms, rice paddy production stood at $X in 2020 estimated in export prices. The total production indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Brazil (X tonnes) constituted the country with the largest volume of rice paddy production, accounting for X% of total volume. Moreover, rice paddy production in Brazil exceeded the figures recorded by the second-largest producer, Peru (X tonnes), threefold. The third position in this ranking was occupied by Colombia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Brazil was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Peru (+X% per year) and Colombia (+X% per year).

In 2020, the average rice paddy yield in Latin America and the Caribbean rose slightly to X tonnes per ha, surging by X% on the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the yield increased by X% y-o-y. Over the period under review, the rice paddy yield hit record highs at X tonnes per ha in 2018; however, from 2019 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rice paddy harvested area reduced modestly to X ha in 2020, remaining stable against the year before. In general, the harvested area saw a mild curtailment. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. As a result, the harvested area reached the peak level of X ha. From 2010 to 2020, the growth of the rice paddy harvested area failed to regain the momentum.

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) remains the largest rice paddy producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, rice paddy production in Brazil exceeded the figures recorded by the second-largest producer, Peru (X tonnes), threefold. Colombia (X tonnes) ranked third in terms of total production with a X% share.

In Brazil, rice paddy production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Peru (+X% per year) and Colombia (+X% per year).

Rice Paddy Exports

Exports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in overseas shipments of rice paddy, which increased by X% to X tonnes in 2020. In general, exports enjoyed resilient growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rice paddy exports surged to $X in 2020. Overall, exports enjoyed a strong expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2020, Uruguay (X tonnes), Brazil (X tonnes), Guyana (X tonnes) and Paraguay (X tonnes) represented the major exporter of rice paddy in Latin America and the Caribbean, achieving X% of total export.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Guyana, while exports for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Brazil ($X) and Guyana ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Guyana saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The rice paddy export price in Latin America and the Caribbean stood at $X per tonne in 2020, jumping by X% against the previous year. Export price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Brazil ($X per tonne) and Paraguay ($X per tonne), while Guyana ($X per tonne) and Uruguay ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Paraguay, while the other leaders experienced more modest paces of growth.

Rice Paddy Imports

Imports in Latin America and the Caribbean

In 2020, overseas purchases of rice paddy decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. In general, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, rice paddy imports reduced to $X in 2020. Overall, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

Mexico was the major importer of rice paddy in Latin America and the Caribbean, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2020. Colombia (X tonnes) held the second position in the ranking, followed by Guatemala (X tonnes), Panama (X tonnes), Honduras (X tonnes), Venezuela (X tonnes), Brazil (X tonnes), Nicaragua (X tonnes) and El Salvador (X tonnes). All these countries together occupied near X% share of total imports.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of rice paddy. At the same time, Colombia (+X%), Brazil (+X%), Guatemala (+X%), Panama (+X%), Honduras (+X%) and El Salvador (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Nicaragua (-X%) and Venezuela (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.), Colombia (+X p.p.), Guatemala (+X p.p.), Brazil (+X p.p.), Panama (+X p.p.) and Honduras (+X p.p.) significantly strengthened its position in terms of the total imports, while Venezuela saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported rice paddy in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Colombia ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Colombia (+X% per year) and Guatemala (+X% per year).

Import Prices by Country

The rice paddy import price in Latin America and the Caribbean stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was El Salvador ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice paddy in LatAmerica and the Caribbean?
+
The country with the largest volume of rice paddy consumption was Brazil (10M tonnes), accounting for 36% of total volume. Moreover, rice paddy consumption in Brazil exceeded the figures recorded by the second-largest consumer, Peru (3.3M tonnes), threefold. Colombia (3.3M tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of rice paddy in LatAmerica and the Caribbean?
+
Brazil (10M tonnes) constituted the country with the largest volume of rice paddy production, comprising approx. 38% of total volume. Moreover, rice paddy production in Brazil exceeded the figures recorded by the second-largest producer, Peru (3.3M tonnes), threefold. Colombia (3.1M tonnes) ranked third in terms of total production with a 11% share.
What are the leading exporters of rice paddy in LatAmerica and the Caribbean?
+
In value terms, Uruguay ($51M), Brazil ($44M) and Guyana ($28M) appeared to be the countries with the highest levels of exports in 2020, together comprising 82% of total exports.
What are the leading importers of rice paddy in LatAmerica and the Caribbean?
+
In value terms, Mexico ($275M) constitutes the largest market for imported rice paddy in Latin America and the Caribbean, comprising 46% of total imports. The second position in the ranking was occupied by Colombia ($59M), with a 9.8% share of total imports. It was followed by Guatemala, with a 8.7% share.
What is the average export price for rice paddy in LatAmerica and the Caribbean?
+
In 2020, the rice paddy export price in Latin America and the Caribbean amounted to $323 per tonne, surging by 25% against the previous year.
What is the average import price for rice paddy in LatAmerica and the Caribbean?
+
In 2020, the rice paddy import price in Latin America and the Caribbean amounted to $335 per tonne, surging by 12% against the previous year.

Product coverage:
• FCL 27 - Rice, paddy

This report provides an in-depth analysis of the rice paddy market in Latin America and the Caribbean. 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 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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