India - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in India - 2023
Contents:
- Paddy Rice Price in India (FOB) - 2023
- Paddy Rice Price in India (CIF) - 2022
- Paddy Rice Exports in India
- Paddy Rice Imports in India
Paddy Rice Price in India (FOB) - 2023
In July 2023, the average paddy rice export price amounted to $348 per ton, rising by 8.6% against the previous month. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in September 2022 an increase of 40% month-to-month. Over the period under review, the average export prices attained the peak figure at $823 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the Philippines ($2,316 per ton), while the average price for exports to Nepal stood at $272 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+1.4%).
Paddy Rice Price in India (CIF) - 2022
The average paddy rice import price stood at $4,744 per ton in 2022, picking up by 194% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($24,887 per ton), while the price for the Philippines ($2,330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+153.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Exports in India
In 2022, overseas shipments of paddy rice decreased by -33.3% to 461K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 68%.
In value terms, paddy rice exports contracted remarkably to $151M in 2022. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports reached the peak of $210M, and then fell remarkably in the following year.
Export of Paddy Rice in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 60.5 | 97.5 | 160 | 116 | 24.2% |
Philippines | 17.0 | 25.0 | 36.3 | 25.4 | 14.3% |
Others | 12.2 | 13.9 | 13.0 | 9.3 | -8.7% |
Total | 89.7 | 136 | 210 | 151 | 19.0% |
Top Export Markets for Paddy Rice from India in 2022:
- Nepal (446.2K tons)
- Philippines (9.7K tons)
Paddy Rice Imports in India
In 2022, approx. 1.4 tons of paddy rice were imported into India; reducing by -99.4% against 2021. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9,121%. As a result, imports attained the peak of 228 tons, and then declined markedly in the following year.
In value terms, paddy rice imports reduced sharply to $6.6K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 13,412% against the previous year. As a result, imports attained the peak of $368K, and then plummeted in the following year.
Import of Paddy Rice in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 0.1 | N/A | 0.6 | 2.8 | 203.7% |
United States | 0.1 | N/A | 2.7 | 1.8 | 162.1% |
Indonesia | N/A | N/A | N/A | 1.1 | 0% |
Brazil | 0.1 | N/A | 0.3 | 0.9 | 108.0% |
Vietnam | 2.8 | N/A | N/A | N/A | 0% |
United Arab Emirates | 17.2 | 2.7 | 72.7 | N/A | 105.6% |
Nepal | N/A | N/A | 292 | N/A | 0% |
Others | 3.7 | N/A | N/A | N/A | 0% |
Total | 24.0 | 2.7 | 368 | 6.6 | -35.0% |
Top Suppliers of Paddy Rice to India in 2022:
- Philippines (1213.0 kg)
- United States (71.0 kg)
- Indonesia (58.0 kg)
- Brazil (44.0 kg)
This report provides an in-depth analysis of the paddy rice market in India. 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 2030.
Product coverage:
- FCL 27 - Rice, paddy
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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