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Rice is the staple food of more than half of the world population, with more than 700 million metric ton produced annually at a global level. Most of the rice is grown and consumed in the Asian region, from Pakistan in the west to Japan in the east.
Rice is the second most important cereal crop after maize in the world. It is a crop that ensures food security in many of the developing countries of the East Asia and the South-East Asia regions. Some of the significant global exporting countries of rice include India, Thailand, Vietnam, Pakistan, and Brazil. Unlike exports, the import scenario of rice is quite fragmented, with the top five importers accounting for only 30% of the global imports. The global rice consumption is dominated by countries in the Asia-Pacific region, like China, India, Indonesia, Bangladesh, and Vietnam.
China is the largest Importer of Rice
China is the largest importer of rice, importing 3.5 million metric ton in the year 2016. Vietnam, Thailand, and Pakistan are the major exporters to China with 45.8%, 26.3%, and 19.9% shares out of the total rice imports in the country. Although China is the second largest rice producing country in the world, it still has to import rice due to high consumption of rice in the nation.
India the Largest Exporter of Rice
India is the largest exporter of rice in the world. It exported 9.9 million metric ton of rice in 2016, which accounted for almost 24% of the total global rice exports. India is also the leading exporter of the basmati rice in the global market. During 2015 – 2016, India exported over 3.0 million metric ton of basmati rice and 6.3 million metric ton of non-basmati to the global market. The major countries importing rice from India are Saudi Arabia, UAE, and Iraq with 9.3%, 9.2% and 7% of the total rice export shares from India, respectively.
Reasons to Purchase the Report
• Identify the dominating and the fastest growing regions in the global rice market and their growth trends during the forecast period
• The report outlines drives, restraints, and trends that are currently affecting the market
• The report outlines production, consumption, import and export analysis, and price trend for the market
• 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Rice is the second most important cereal crop after maize in the world. It is a crop that ensures food security in many of the developing countries of the East Asia and the South-East Asia regions. Some of the significant global exporting countries of rice include India, Thailand, Vietnam, Pakistan, and Brazil. Unlike exports, the import scenario of rice is quite fragmented, with the top five importers accounting for only 30% of the global imports. The global rice consumption is dominated by countries in the Asia-Pacific region, like China, India, Indonesia, Bangladesh, and Vietnam.
China is the largest Importer of Rice
China is the largest importer of rice, importing 3.5 million metric ton in the year 2016. Vietnam, Thailand, and Pakistan are the major exporters to China with 45.8%, 26.3%, and 19.9% shares out of the total rice imports in the country. Although China is the second largest rice producing country in the world, it still has to import rice due to high consumption of rice in the nation.
India the Largest Exporter of Rice
India is the largest exporter of rice in the world. It exported 9.9 million metric ton of rice in 2016, which accounted for almost 24% of the total global rice exports. India is also the leading exporter of the basmati rice in the global market. During 2015 – 2016, India exported over 3.0 million metric ton of basmati rice and 6.3 million metric ton of non-basmati to the global market. The major countries importing rice from India are Saudi Arabia, UAE, and Iraq with 9.3%, 9.2% and 7% of the total rice export shares from India, respectively.
Reasons to Purchase the Report
• Identify the dominating and the fastest growing regions in the global rice market and their growth trends during the forecast period
• The report outlines drives, restraints, and trends that are currently affecting the market
• The report outlines production, consumption, import and export analysis, and price trend for the market
• 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Frequently Asked Questions
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