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World - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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Global Rice Paddy Market Overview 2021

Rice Paddy Market Size

In 2020, the global rice paddy market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a strong 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, consumption increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the global market reached the peak level in 2020 and is expected to retain growth in years to come.

Rice Paddy Production

In value terms, rice paddy production expanded to $X in 2020 estimated in export prices. In general, the total production indicated a remarkable increase from 2007 to 2020: its value 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. 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. Global production peaked in 2020 and is expected to retain growth in the immediate term.

The country with the largest volume of rice paddy production was China (X tonnes), comprising approx. X% of total volume. Moreover, rice paddy production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Bangladesh (X tonnes), with a X% share.

In China, rice paddy production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Bangladesh (+X% per year).

In 2020, the global average rice paddy yield stood at X tonnes per ha, remaining constant against the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the yield increased by X% y-o-y. Over the period under review, the average rice paddy yield reached the peak level in 2020 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of rice paddy production worldwide amounted to X ha, stabilizing at the year before. In general, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to rice paddy production reached the maximum at X ha in 2017; however, from 2018 to 2020, the harvested area failed to regain the momentum.

Production By Country

China (X tonnes) remains the largest rice paddy producing country worldwide, comprising approx. X% of total volume. Moreover, rice paddy production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. Bangladesh (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Bangladesh (+X% per year).

Rice Paddy Exports

Exports

After three years of decline, overseas shipments of rice paddy increased by X% to X tonnes in 2020. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rice paddy exports skyrocketed to $X in 2020. Over the period under review, total exports indicated perceptible growth from 2007 to 2020: its value 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 pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Global exports peaked at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. was the largest exporting country with an export of around X tonnes, which accounted for X% of total exports. India (X tonnes) ranks second in terms of the total exports with a X% share, followed by Uruguay (X%) and Brazil (X%). The following exporters - Guyana (X tonnes), Paraguay (X tonnes) and Russia (X tonnes) - together made up X% of total exports.

The U.S. experienced a relatively flat trend pattern with regard to volume of exports of rice paddy. At the same time, Guyana (+X%), India (+X%), Russia (+X%), Uruguay (+X%) and Paraguay (+X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Brazil experienced a relatively flat trend pattern. India (+X p.p.), Uruguay (+X p.p.), Brazil (+X p.p.), Guyana (+X p.p.) and Russia (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S. 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, the U.S. ($X) remains the largest rice paddy supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Uruguay, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the U.S. amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Uruguay (+X% per year).

Export Prices by Country

In 2020, the average rice paddy export price amounted to $X per tonne, declining by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Brazil ($X per tonne) and the U.S. ($X per tonne), while Russia ($X per tonne) and Guyana ($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 global leaders experienced more modest paces of growth.

Rice Paddy Imports

Imports

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 continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Global imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, rice paddy imports reached $X in 2020. Overall, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, global imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Mexico (X tonnes), distantly followed by Nepal (X tonnes), Colombia (X tonnes) and Guatemala (X tonnes) represented the major importers of rice paddy, together constituting X% of total imports. Panama (X tonnes), Honduras (X tonnes), Venezuela (X tonnes), Brazil (X tonnes), Nicaragua (X tonnes), Sudan (X tonnes), El Salvador (X tonnes), Turkey (X tonnes) and Libya (X tonnes) held a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sudan, while imports for the other global leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value in Mexico totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (+X% per year) and Colombia (+X% per year).

Import Prices by Country

The average rice paddy import price stood at $X per tonne in 2020, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Sudan ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice paddy in the world?
+
The country with the largest volume of rice paddy consumption was China (425M tonnes), comprising approx. 43% of total volume. Moreover, rice paddy consumption in China exceeded the figures recorded by the second-largest consumer, India (180M tonnes), twofold. Bangladesh (56M tonnes) ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of rice paddy in the world?
+
The country with the largest volume of rice paddy production was China (425M tonnes), accounting for 43% of total volume. Moreover, rice paddy production in China exceeded the figures recorded by the second-largest producer, India (181M tonnes), twofold. Bangladesh (56M tonnes) ranked third in terms of total production with a 5.7% share.
What are the leading exporters of rice paddy in the world?
+
In value terms, the U.S. ($467M) remains the largest rice paddy supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by India ($136M), with a 15% share of global exports. It was followed by Uruguay, with a 5.4% share.
What are the leading importers of rice paddy in the world?
+
In value terms, Mexico ($275M) constitutes the largest market for imported rice paddy worldwide, comprising 26% of global imports. The second position in the ranking was occupied by Nepal ($98M), with a 9.4% share of global imports. It was followed by Colombia, with a 5.6% share.
What is the average export price for rice paddy in the world?
+
In 2020, the average rice paddy export price amounted to $373 per tonne, reducing by -6.8% against the previous year.
What is the average import price for rice paddy in the world?
+
In 2020, the average rice paddy import price amounted to $387 per tonne, rising by 10% against the previous year.

Product coverage:
• FCL 27 - Rice, paddy

This report provides an in-depth analysis of the global rice paddy market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. GLOBAL 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. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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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