U.S.: Rice Bran Market 2024

Rice Bran Market Size in the U.S.

The U.S. rice bran market shrank to $X in 2022, approximately reflecting the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Rice bran consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Rice Bran Production in the U.S.

In value terms, rice bran production declined modestly to $X in 2022. Overall, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Rice bran production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Rice Bran Exports

Exports from the U.S.

Rice bran exports from the United States contracted rapidly to X tons in 2022, dropping by X% on the year before. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, rice bran exports reduced sharply to $X in 2022. Over the period under review, exports saw a mild downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

Canada (X tons) was the main destination for rice bran exports from the United States, accounting for a X% share of total exports. Moreover, rice bran exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and China (X% per year).

In value terms, the largest markets for rice bran exported from the United States were China ($X), Canada ($X) and Mexico ($X), together comprising X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest rates of growth with regard to 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 average rice bran export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rice bran export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rice Bran Imports

Imports into the U.S.

In 2022, approx. X tons of rice bran were imported into the United States; picking up by X% against the previous year's figure. In general, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, rice bran imports fell to $X in 2022. Overall, imports, however, recorded a mild curtailment. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest rice bran supplier to the United States, with a X% share of total imports. Moreover, rice bran imports from Canada exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), fivefold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Thailand (X% per year).

In value terms, the largest rice bran suppliers to the United States were Canada ($X), Pakistan ($X) and Belgium ($X), together comprising X% of total imports. Thailand, Sweden and China lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Thailand, with a CAGR of X%, 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

The average rice bran import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :