Rice fell to 12.61 USD/cwt on July 3, 2025, down 0.01% from the previous day. Over the past month, Rice's price has fallen 6.53%, and is down 25.52% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice - values, historical data, forecasts and news - updated on July of 2025.

The world price of rice refers to the average price at which rice is traded on the international market. This article explores the factors influencing rice prices, such as supply and demand, production levels, government policies, and trade regulations. It also highlights the significance of price indices in tracking price movements and discusses the implications of rice price fluctuations for both producers and consumers. Understanding the world price of rice is crucial for decision-making related to food

Graph and download economic data for Global price of Rice, Thailand (PRICENPQUSDM) from Jan 1990 to Apr 2025 about rice, Thailand, World, and price.

In 2024, the global rice market increased by 3.6% to $513.3B, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2024 and is expected to retain growth in years to come.

In 2024, the retail price of long-grain, uncooked white rice stood at **** U.S. dollars per pound. In 2008, rice prices rose to record highs, from ** to ** U.S. cents, as global trade restrictions were put in place, causing many large importers to panic buy rice. U.S. rice industry In the United States, about *** million acres of rice were planted and harvested in 2021. The top rice-producing states that year were Arkansas, California, Louisiana, among others. Arkansas was the leading state by far, producing over ** million cwt (centrum weight) of rice in 2021. Leading rice producers worldwide Within the 2019/2020 period, India and China were the top rice-producing countries by far, based on the area harvested. India harvested a milled rice area of approximately ** and a half million hectares, while China’s area amounted to some ** million hectares. In terms of production, however, China produced a higher volume of milled rice than India within the same crop year: China produced close to *** million metric tons of rice, while India’s figures reached an estimated *** million tons.

Get the latest insights on price movement and trend analysis of Rice in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

According to Cognitive Market Research, The Global Jasmine Rice market size is USD 58.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5% from 2023 to 2030.

Rising health awareness is making jasmine rice a popular, healthier choice, driving market growth.
Reduced trade barriers and globalization have expanded the Jasmine Rice Market by increasing access to international consumers, driving higher production and exports.
Brown Jasmine Rice is the fastest-growing segment in the market due to increasing consumer preference for healthier food choices.
North America will continue to lead, whereas the Asia Pacific Jasmine Rice market will experience the strongest growth until 2030.

Health Awareness Boosting Jasmine Rice's Popularity to Drive Market Growth

The increasing health awareness among consumers has instigated a significant transformation in dietary preferences. As individuals seek healthier food choices, jasmine rice has emerged as a prime beneficiary of this trend. This aromatic rice variety, renowned for its delightful fragrance and robust nutritional profile, is garnering widespread acclaim as a more health-conscious alternative compared to other rice varieties. Consumers increasingly view jasmine rice as a nutritious and flavorful option, creating a surge in demand. This newfound popularity, driven by the health-conscious shift in consumer choices, is a pivotal factor propelling the growth of the jasmine rice market, establishing it as a staple in the quest for healthier dietary options.

Rising Globalization Fuels Jasmine Rice Market Expansion

The globalization of markets and the reduction of trade barriers through international trade agreements have brought forth a positive transformation in the Jasmine Rice Market. As these barriers diminish, jasmine rice producers find themselves equipped with greater access to international markets. This newfound global reach led to a surge in consumer demand for jasmine rice, triggering increased production and higher export volumes. Consequently, the market expands as more regions around the world embrace the aromatic and flavorful qualities of jasmine rice, making it not just a local delight but a coveted commodity in the global culinary landscape.

The rice exports by Asian countries drives the Market

Market Dynamics of the Jasmine Rice

Effects of Export Restrictions on the Jasmine Rice Market to Limit Market Growth

The imposition of export restrictions and trade barriers on agricultural products, like jasmine rice, by certain governments stems from a combination of domestic food security concerns and geopolitical considerations. This protective stance can have far-reaching effects on the global jasmine rice market. These policies limit the availability of jasmine rice in international markets, creating price fluctuations and supply uncertainties. Importing nations find themselves grappling with the challenge of accessing affordable and consistent sources of jasmine rice, jeopardizing their food security. The instability in the market, driven by these restrictions, can disrupt the delicate balance of supply and demand, impacting both producers and consumers alike.

Impact of COVID-19 on the Jasmine Rice Market

COVID-19 had a significant impact on the Jasmine Rice Market. The pandemic disrupted supply chains and hampered rice production and distribution due to lockdowns and labor shortages. Export challenges arose as key importing nations faced logistical issues, causing fluctuations in export volumes and prices. With more people cooking at home, there was a shift in consumer demand, leading to price volatility. Some producers adapted by exploring online sales channels and innovative packaging. While the pandemic's immediate impacts have been felt, the Jasmine Rice Market continues to evolve as the situation unfolds, with ongoing adjustments in response to the new normal in the global food industry. Introduction of The Jasmine Rice Market

The growing health consciousness among consumers is steering them towards healthier dietary choices. Jasmine rice, renowned for its enticing aroma and nutritional richness, is increasingly becoming the preferred choice for health-conscious individuals. This perception of jasmine rice as a more nutritious and flavorsome option is significantly boosting its demand, ultimately fueling the expansion of the jasmine rice market....

Thai rice prices in , April, 2025 For that commodity indicator, we provide data from January 1960 to April 2025. The average value during that period was 307.33 USD per metric ton with a minimum of 95.67 USD per metric ton in April 1971 and a maximum of 907 USD per metric ton in April 2008. | TheGlobalEconomy.com

The global paddy rice market amounted to $764.1B in 2024, growing by 2.6% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Global consumption peaked at $787.7B in 2015; however, from 2016 to 2024, consumption remained at a lower figure.

The global basmati rice market, valued at USD 6.34 Billion in 2024, has experienced significant growth, driven by diverse market segments such as organic, fortified, and ready-to-cook rice products, addressing varied consumer demands. The market is projected to grow at a compound annual growth rate (CAGR) of 2.00% from 2025 to 2034, potentially reaching USD 7.73 Billion by 2034. This growth is further supported by the growing perception of Basmati rice as a healthier alternative to regular rice, typically offering a lower glycemic index, which is beneficial for diabetics and health-conscious individuals.

This statistic shows marketing year average prices for rice from 2012 to 2020, by U.S. state. In marketing year 2020, the average price for rice in Texas stood at 13.30 U.S. dollars per centum weight.

The global parboiled rice and white rice market is being aided by the increasing global production of rice, which attained a volume of 523.42 MMT in 2024. Aided by the rising demand from the food and beverage industry and growing acceptance and rising popularity of alcoholic beverages and wines, which are made of rice, the rice production is expected to grow at a CAGR of 1.00% between 2025 and 2034 to reach nearly 578.18 MMT by 2034.

In July 2022, the rice price per ton stood at $812, growing by 9.8% against the previous month.

The North American Rice Market Report is Segmented by Geography (United States, Canada, and Mexico). The Report Analyzes Production (Volume), Consumption (Volume and Value), Imports (Volume and Value), Exports (Volume and Value), and Price Trends for These Segments. The Market Size and Forecasts are Presented in Volume (Thousand Metric Tons) and Value (USD) Across all Segments.

Brazil Agricultural Market Price: Rice: 50 Kg: Alagoas data was reported at 41.520 BRL in May 2019. This records an increase from the previous number of 40.100 BRL for Apr 2019. Brazil Agricultural Market Price: Rice: 50 Kg: Alagoas data is updated monthly, averaging 35.985 BRL from Jan 2014 (Median) to May 2019, with 62 observations. The data reached an all-time high of 56.940 BRL in Oct 2016 and a record low of 0.000 BRL in Sep 2016. Brazil Agricultural Market Price: Rice: 50 Kg: Alagoas data remains active status in CEIC and is reported by National Supply Company. The data is categorized under Brazil Premium Database’s Agriculture Sector – Table BR.RIH002: Agriculture Market Price: Rice.

As of December 2024, the retail price index of rice in India was approximately 147. This was a slight increase as compared to the previous year in December when the retail price index was over 139. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

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.

• Rice Market Overview:
• Global Rice Market Scope:
• Key Market Segments:
• Market Dynamics
• Regional Analysis
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• Key Companies & Market share Insights:
• Кеу Маrkеt Рlауеrѕ іnсludеd іn thе rероrt:

Rice Market Overview:

The global rice market value was USD 293,773.9 Million in 2021. It is expected to grow at a CAGR of 2.35% between 2023 and 2032.

Market growth is expected to be aided by the expanding restaurant and food industry worldwide. More than half the world’s population eats rice as a staple food. The largest market for the product is in the Asia Pacific, which has seen significant market growth. The product demand is increasing in emerging countries due to the continuous improvement in rice mill machinery worldwide and the attractive packaging. Read More

The United States Rice Market Report Includes Production Analysis (volume), Consumption Analysis (value and Volume), Export Analysis (value and Volume), Import Analysis (value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecast in Value (USD) and Volume (metric Tons).

The Pakistani rice market shrank remarkably to $4.1B in 2024, with a decrease of -35.3% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2024: its value increased at an average annual rate of +3.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +23.1% against 2022 indices.