In 2023, Indonesia imported rice amounting to over *** billion U.S. dollars, the highest in the world. The next biggest rice importer in the Asia-Pacific region was the Philippines, with about **** billion U.S. dollars of rice imports in 2023.

In the 2023/2024 marketing year, rice imports to the Philippines amounted to about 5.4 million metric tons, making it the leading country for rice imports worldwide. China imported about two million metric tons of rice that same year. Total production of milled rice worldwide amounted to almost 532.9 million metric tons in 2024/25. Global grain production Rice is one of the most produced grains in the world, surpassed only by corn and wheat. The worldwide production of corn in 2023/24 is expected to be more than double the production of milled rice, exceeding 1.23 billion metric tons. Though not at the volume of corn, the production of milled rice has generally been increasing each year, reaching a peak of about 513 million metric tons in 2022/23. This is an increase of almost 15 percent compared to 2008/09. Rice Although rice is characterized as a single type of grain, there are actually over 40,000 varieties of rice, classified based on several characteristics such as size, starch content, and milling. Rice is found in many different cultures and cuisines, but China is the clear leader in consumption, followed by India and Bangladesh. Global rice consumption has grown and reached a peak of over 520.4 million metric tons in 2022/23.

Discover the latest trends in the rice market in Asia and learn about the projected growth in consumption over the next decade. By 2035, the market volume is expected to reach 767M tons, with a market value of $547.1B (in nominal prices). Don't miss out on the opportunities in this expanding market!

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The Asia Pacific Rice Market report segments the industry into Geography (China, India, Japan, Thailand, Vietnam, Australia, Pakistan, Bangladesh, Philippines, Indonesia, Sri Lanka). The report includes Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, Wholesale Price Trend Analysis.

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Asia Golden Rice Co Limited Company Export Import Records. Follow the Eximpedia platform for HS code, importer-exporter records, and customs shipment details.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Discover the latest market trends and projections for the rice industry in the Asia-Pacific region. With increasing demand driving consumption upwards, the market is expected to see steady growth over the next decade.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Learn about the projected growth of the rice market in the Asia-Pacific region over the next decade, driven by increasing demand. By 2035, the market volume is expected to reach 756M tons, with a value of $500.7B.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

In 2022, just over ** percent of rice imported into Australia came from India. Thailand and Vietnam followed at respectively **** percent and **** percent of the Australian rice import market. In general, the overwhelming majority of imported wheat in Australia originated from Asian countries.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The global Indica rice (long grain) market exhibits robust growth, driven by increasing global population and rising demand for staple foods. While precise market size figures for 2025 are not provided, considering a typical CAGR of (let's assume a conservative 5% CAGR based on general agricultural product growth in developing economies) and a reasonable starting market size (let's assume $15 billion in 2019), the market size in 2025 could be estimated at approximately $20 billion. This signifies significant potential for continued expansion. The market is segmented geographically, with key players such as Doguet’s Rice Milling Company, KRBL, LT FOODS, REI Agro, Hinode Rice, THAI LEE, Thai Hua, Asia Golden Rice Company, Nakornton Rice, Golden Grain Enterprise, Wonnapob Company, KAMOLKIJ, COFCO, and Wilmar competing for market share. Growth is fueled by factors such as increasing disposable incomes in developing nations leading to greater food consumption, changing dietary preferences, and the versatility of Indica rice in various culinary applications. However, challenges remain, including fluctuating commodity prices, climate change impacting crop yields, and the rising costs of production and distribution. Continued growth in the Indica rice market through 2033 is projected, though the rate may fluctuate based on global economic conditions and agricultural output. The continued expansion of the middle class in Asia, particularly in India and Southeast Asia, is a major driver. This population segment is increasingly reliant on processed and packaged foods, creating further opportunities for established players and new entrants in the market. Technological advancements in rice production, including improved seed varieties and farming practices, also contribute to market growth. However, potential restraints include the risk of crop failures due to unpredictable weather patterns, international trade policies that can affect exports and imports, and growing competition from alternative grain sources. Strategic partnerships, supply chain optimization, and investment in research and development will be crucial for companies to maintain a competitive edge in this dynamic market.

In 2024, the Asian rice market increased by 3.6% to $446.9B, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +1.5% from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2024 and is likely to see steady growth in the near future.

The Global Rice Trade Analysis Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The Report Offers the Import Analysis (Value and Volume) and Export Analysis (Value and Volume) of Rice Based On the Abovementioned Segments. The Report Provides Market Estimation and Forecasts in Value (USD) and Volume (metric Tons) for the Abovementioned Segments.

Discover the latest market trends in the Asia-Pacific milled rice industry, with forecasts indicating a steady increase in both consumption volume and market value over the next decade.