Global Milled Rice Market 2020

Milled Rice Market Size

In 2019, the global milled rice market increased by X% to $X, rising for the third consecutive year after four 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 with an increase of X% year-to-year. Over the period under review, the global market hit record highs in 2019 and is expected to retain growth in the near future.

Milled Rice Production

In value terms, milled rice production totaled $X in 2019 estimated in export prices. In general, the total production indicated a buoyant increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Global production peaked in 2019 and is likely to continue growth in the near future.

The countries with the highest volumes of milled rice production in 2019 were China (X tons), India (X tons) and Indonesia (X tons), together accounting for X% of global production.

From 2007 to 2019, the most notable rate of growth in terms of milled rice production, amongst the leading producing countries, was attained by Indonesia, while milled rice production for the other global leaders experienced more modest paces of growth.

In 2019, the global average yield of milled rice was estimated at X tons per ha, remaining constant against the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The global yield peaked in 2019 and is likely to see gradual growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the global milled rice harvested area amounted to X ha, stabilizing at 2018 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to milled rice production reached the peak figure in 2019 and is likely to see steady growth in the near future.

Production By Country

The countries with the highest volumes of milled rice production in 2019 were China (X tons), India (X tons) and Indonesia (X tons), with a combined X% share of global production.

From 2007 to 2019, the most notable rate of growth in terms of milled rice production, amongst the key producing countries, was attained by Indonesia, while milled rice production for the other global leaders experienced more modest paces of growth.

Milled Rice Exports

Exports

In 2019, approx. X tons of milled rice were exported worldwide; therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Global exports peaked at X tons in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, milled rice exports reached $X in 2019. In general, total exports indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, global exports reached the maximum at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) and India (X tons) represented roughly X% of total exports of milled rice in 2019. Pakistan (X tons) held an X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%) and the U.S. (X%). The following exporters - Myanmar (X tons), Uruguay (X tons), Brazil (X tons) and Italy (X tons) - each accounted for a X% share of total exports.

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

In value terms, India ($X), Thailand ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2019, with a combined X% share of global exports.

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

Export Prices by Country

In 2019, the average milled rice export price amounted to $X per ton, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Milled Rice Imports

Imports

In 2019, supplies from abroad of milled rice increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, global imports reached the peak figure in 2019 and are likely to continue growth in years to come.

In value terms, milled rice imports expanded slightly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Global imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of milled rice imports in 2019 were China (X tons), Indonesia (X tons), the Philippines (X tons), Iran (X tons), Cote d'Ivoire (X tons), Saudi Arabia (X tons), Ghana (X tons), Guinea (X tons), South Africa (X tons), the U.S. (X tons), Iraq (X tons) and Bangladesh (X tons), together resulting at X% of total import.

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

In value terms, China ($X), Iran ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2019, together accounting for X% of global imports.

Among the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average milled rice import price amounted to $X per ton, growing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by 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 average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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