Australia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in Australia - 2023
Contents:
- Paddy Rice Price in Australia (CIF) - 2022
- Paddy Rice Price in Australia (FOB) - 2022
- Paddy Rice Imports in Australia
- Paddy Rice Exports in Australia
Paddy Rice Price in Australia (CIF) - 2022
The average paddy rice import price stood at $949 per ton in 2022, picking up by 8.5% against the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 261% against the previous year. As a result, import price attained the peak level of $2,559 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,489 per ton), while the price for Vietnam ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+52.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Price in Australia (FOB) - 2022
The average paddy rice export price stood at $718 per ton in 2022, reducing by -61.5% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 419%. As a result, the export price reached the peak level of $4,155 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($12,235 per ton), while the average price for exports to Argentina ($523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+45.1%), while the prices for the other major destinations experienced mixed trend patterns.
Paddy Rice Imports in Australia
After three years of growth, overseas purchases of paddy rice decreased by -37.3% to 177 tons in 2022. Overall, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 51%.
In value terms, paddy rice imports declined dramatically to $168K in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 69% against the previous year.
| Import of Paddy Rice in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 86.6 | 145 | 121 | 109 | 8.0% |
| Italy | N/A | N/A | 54.7 | 41.4 | -24.3% |
| Taiwan (Chinese) | N/A | N/A | 5.4 | 6.7 | 24.1% |
| India | 10.0 | 24.3 | 1.4 | 6.3 | -14.3% |
| Thailand | N/A | N/A | 56.5 | N/A | 0% |
| Others | 8.6 | 8.3 | 7.5 | 3.8 | -23.8% |
| Total | 105 | 178 | 246 | 168 | 17.0% |
Top Suppliers of Paddy Rice to Australia in 2022:
- Vietnam (150.0 tons)
- Italy (17.8 tons)
- India (4.8 tons)
- Taiwan (Chinese) (2.7 tons)
Paddy Rice Exports in Australia
Paddy rice exports from Australia skyrocketed to 105 tons in 2022, increasing by 241% on the year before. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 424% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, paddy rice exports surged to $75K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,620% against the previous year. As a result, the exports reached the peak of $319K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Paddy Rice in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | 4.0 | 52.3 | 1207.5% |
| Hong Kong SAR | N/A | N/A | 0.1 | 19.0 | 18900.0% |
| Papua New Guinea | 11.7 | 108 | 43.1 | N/A | 91.9% |
| New Caledonia | N/A | 211 | N/A | N/A | 0% |
| Uruguay | N/A | N/A | 10.0 | N/A | 0% |
| Others | N/A | N/A | N/A | 3.7 | 0% |
| Total | 11.7 | 319 | 57.2 | 75.1 | 85.8% |
Top Export Markets for Paddy Rice from Australia in 2022:
- Argentina (100.0 tons)
- Hong Kong SAR (3.3 tons)
This report provides an in-depth analysis of the paddy rice market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
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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