Spain - Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRice Price in Spain - 2023
Contents:
- Rice Price in Spain (FOB) - 2023
- Rice Price in Spain (CIF) - 2022
- Rice Exports in Spain
- Rice Imports in Spain
Rice Price in Spain (FOB) - 2023
In July 2023, the average rice export price amounted to $1,215 per ton, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in November 2022 an increase of 20% month-to-month. The export price peaked at $1,228 per ton in June 2023, and then dropped in the following month.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($2,107 per ton), while the average price for exports to Morocco ($823 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Rice Price in Spain (CIF) - 2022
The average rice import price stood at $742 per ton in 2022, jumping by 17% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 19%. Over the period under review, average import prices attained the maximum at $823 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Pakistan ($1,050 per ton), while the price for Myanmar ($520 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Rice Exports in Spain
In 2022, approx. 270K tons of rice were exported from Spain; increasing by 13% against the year before. Over the period under review, exports, however, saw a perceptible reduction.
In value terms, rice exports skyrocketed to $257M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rice in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 51.5 | 54.1 | 53.0 | 52.6 | 0.7% |
| France | 18.1 | 21.9 | 18.4 | 35.8 | 25.5% |
| United Kingdom | 42.9 | 40.3 | 31.2 | 33.5 | -7.9% |
| Portugal | 9.7 | 16.5 | 16.7 | 28.9 | 43.9% |
| United States | 17.5 | 20.3 | 15.2 | 20.9 | 6.1% |
| Germany | 7.7 | 15.1 | 10.3 | 18.5 | 33.9% |
| Netherlands | 17.1 | 14.1 | 15.1 | 14.7 | -4.9% |
| Italy | 2.3 | 1.7 | 1.5 | 8.4 | 54.0% |
| Finland | 6.9 | 7.8 | 5.9 | 7.4 | 2.4% |
| Poland | 1.8 | 1.3 | 3.9 | 6.7 | 55.0% |
| Greece | 1.8 | 2.4 | 0.3 | 4.3 | 33.7% |
| Others | 26.4 | 27.4 | 20.2 | 25.5 | -1.1% |
| Total | 204 | 223 | 192 | 257 | 8.0% |
Top Export Markets for Rice from Spain in 2022:
- Belgium (69.3K tons)
- Portugal (41.3K tons)
- United Kingdom (37.5K tons)
- France (31.2K tons)
- Netherlands (14.5K tons)
- Germany (14.4K tons)
- United States (11.9K tons)
- Italy (8.6K tons)
- Finland (7.1K tons)
- Poland (5.9K tons)
- Greece (5.4K tons)
Rice Imports in Spain
For the fourth year in a row, Spain recorded growth in purchases abroad of rice, which increased by 40% to 402K tons in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, rice imports skyrocketed to $298M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rice in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 20.2 | 28.8 | 25.4 | 55.5 | 40.1% |
| Argentina | 10.2 | 14.0 | 25.2 | 51.2 | 71.2% |
| Myanmar | 9.0 | 14.6 | 22.9 | 50.9 | 78.2% |
| Italy | 12.7 | 11.5 | 17.3 | 33.8 | 38.6% |
| Uruguay | 2.3 | 4.4 | 3.9 | 21.0 | 109.0% |
| Thailand | 22.4 | 12.4 | 10.3 | 18.5 | -6.2% |
| Portugal | 10.0 | 8.1 | 8.7 | 12.2 | 6.9% |
| Cambodia | 11.5 | 9.4 | 9.4 | 11.7 | 0.6% |
| Guyana | 7.4 | 9.3 | 14.0 | 0.6 | -56.7% |
| Others | 26.7 | 26.3 | 44.7 | 42.7 | 16.9% |
| Total | 132 | 139 | 182 | 298 | 31.2% |
Top Suppliers of Rice to Spain in 2022:
- Myanmar (98.0K tons)
- Argentina (86.6K tons)
- Pakistan (52.9K tons)
- Italy (42.8K tons)
- Uruguay (32.9K tons)
- Thailand (18.6K tons)
- Portugal (18.4K tons)
- Cambodia (12.7K tons)
- Guyana (1.0K tons)
This report provides an in-depth analysis of the rice market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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This report provides an in-depth analysis of the rice market in Spain.
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This report provides an in-depth analysis of the paddy rice market in Spain.
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This report provides an in-depth analysis of the milled rice market in Spain.
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This report provides an in-depth analysis of the global rice market.
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This report provides an in-depth analysis of the global milled rice market.
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This report provides an in-depth analysis of the global paddy rice market.
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The growth rate of Rice exports in February 2023 was the most rapid, increasing by 38% month-on-month. The value of Rice exports reached $19M in September 2023.
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In February 2023, the rice paddy price stood at $1,046 per ton (CIF, Spain), jumping by 48% against the previous month.
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Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
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This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
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Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
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Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
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Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
