Global Rice Market - Analysis and Outlook to 2025
This report provides an in-depth analysis of the global rice market. Within it, you will find out 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 outlook outlines the market prospects through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (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) + the largest producing countries.
• Rice market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global rice production, split by region and country;
• Global rice trade (exports and imports);
• Producer, export and import prices for rice;
• Rice 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.
Global rice market revenue amounted to 441,548 million USD in 2015, declining by -3.4% against the previous year level. Overall, global rice market continues to indicate a noticeable growth: the market value increased at an average annual rate of +5.4% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when the market revenue increased by +77% from the previous year level. In that year, the global rice market revenue attained its maximum of 513,077 million USD. From 2009 to the end of the period under review, the total rice market revenue failed to regain its former peak level.
Over the analyzed period, an increase in global rice production was primarily driven by growth of Asian population. Furthermore, these key drivers are expected to continue promoting the rice output in the immediate term. This general positive trend was largely conditioned by a measured expansion of the harvested area and a moderate improvement of the yield figures.
The countries with the highest levels of production in 2015 were China (208,763 thousand tonnes), India (157,467 thousand tonnes), Viet Nam (90,975 thousand tonnes), together accounting for 61% of total output. From 2007 to 2015, the most notable growth rates in almond production among the main producing countries was attained by Viet Nam (+6.0% per year), while the other global leaders experienced more modest paces of growth.
The world rice harvested area amounted to 163,541 thousand ha in 2015, which was almost equal to the previous year figure. The harvested area indicated a slight increase over the period under review, representing a compound annual growth rate of +0.7% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total rice harvested area peaked in 2013, falling back in the following year.
The global average rice yield amounted to 46 thousand hg/ha in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.9% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest rice yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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