Rice Industry Overview and Outlook
RICE | GLOBAL INDUSTRY
IMPORTERS | FRAGMENTED OR CONCENTRATED MARKET?
•
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Rice Import Market is fragmented (unlike Exports),
spreading fairly across the Globe and covering
major regions like EU, Middle East, African
Countries, Iran Iraq, Mexico, Japan and others.
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China the largest producer of rice, has gradually
been able to become self sufficient in meeting its
demand through domestic production and has
lately turned around its position as a net exporter
of rice.
Meanwhile, Pakistan, India, Thailand and Vietnam,
have historically remained self sufficient in
meeting their In-house demand.
Different qualities of rice are exported to different
regions & countries, depending upon the
consumer preferences and consumption patterns
4
3
2
PACRA
COUNTRY WISE IMPORTS | MLN MTS
-China
-EU
-Nigeria Philippines *-West Africa**
Iran
Iraq
CY16
CY17
CY18
CY19
CY20*
*CY refers to data till Sep'20
**West Africa refers to Cote d'Iviore
Source: USDA
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