China Retail Price: 36 City Avg: Japonica Rice: 2nd Grade data was reported at 2.930 RMB/500 g in Mar 2025. This records a decrease from the previous number of 2.960 RMB/500 g for Feb 2025. China Retail Price: 36 City Avg: Japonica Rice: 2nd Grade data is updated monthly, averaging 2.740 RMB/500 g from Jan 2001 (Median) to Mar 2025, with 289 observations. The data reached an all-time high of 2.960 RMB/500 g in Feb 2025 and a record low of 1.110 RMB/500 g in Aug 2003. China Retail Price: 36 City Avg: Japonica Rice: 2nd Grade data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Retail Price: Food.

Rice Price in China - 2023. Find the latest marketing data on the IndexBox platform.

The statistic shows the market value of rice between 2008 and 2010, including a forecast for 2015, based on the sales price. In 2008, the market value of rice in China, based on the sales price, amounted to around **** billion U.S. dollars.

The China Rice Market Report is Analyzed by Production (volume), Consumption (volume and Value), Import (volume and Value), Export (volume and Value), and Price Trend. The Report Offers the Market Size and Forecast in Terms of Value (USD) and Volume (metric Tons) for the Above-Mentioned Segments.

China Consumer Price Index (CPI): Food: Grain: Rice data was reported at 101.557 Prev Year=100 in 2015. This records an increase from the previous number of 101.236 Prev Year=100 for 2014. China Consumer Price Index (CPI): Food: Grain: Rice data is updated yearly, averaging 104.000 Prev Year=100 from Dec 2001 (Median) to 2015, with 15 observations. The data reached an all-time high of 133.200 Prev Year=100 in 2004 and a record low of 98.300 Prev Year=100 in 2002. China Consumer Price Index (CPI): Food: Grain: Rice data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index.

The average paddy rice export price stood at $3,768 per ton in February 2025, picking up by 14% against the previous month.

Broken Rice Price in China - 2023. Find the latest marketing data on the IndexBox platform.

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.

Rice fell to 12.43 USD/cwt on August 20, 2025, down 0.63% from the previous day. Over the past month, Rice's price has risen 0.90%, but it is still 15.79% lower than a year ago, 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 August of 2025.

China Settlement Price: ZCE: Japonica Rice: 4th Month data was reported at 2,662.000 RMB/Ton in 13 May 2025. This stayed constant from the previous number of 2,662.000 RMB/Ton for 12 May 2025. China Settlement Price: ZCE: Japonica Rice: 4th Month data is updated daily, averaging 2,922.000 RMB/Ton from Nov 2013 (Median) to 13 May 2025, with 2792 observations. The data reached an all-time high of 3,762.000 RMB/Ton in 16 Sep 2014 and a record low of 2,397.000 RMB/Ton in 30 Dec 2020. China Settlement Price: ZCE: Japonica Rice: 4th Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price: Daily.

The China Rice Industry size was valued at USD 6.9 Million in 2023 and is projected to reach USD 7.1 Million by 2032, exhibiting a CAGR of 2.70 % during the forecast periods. Key factors driving this growth include the benefits of hybrid seeds, government initiatives, rising food security concerns, and technological advancements. Hybrid seeds offer higher yields, resistance to pests and diseases, and improved nutritional content. The Chinese government has also implemented initiatives to promote rice production, such as subsidies and technical assistance. Rising food security concerns have led to increased demand for rice, while technological advancements have improved production efficiency. Major players in the hybrid rice seed market include Yuan Longping Hi-Tech Agriculture, Hangzhou Wufeng Hi-Tech Seeds, and Beijing Dabeinong Technology Group. Recent developments include: March 2022: Prices of rice exported from Vietnam rose as trade routes to China reopened, with some traders betting on additional demand from buyers looking for alternate sources due to the Russia-Ukraine crisis., January 2020: A trade agreement was signed by China and the United States, where China agreed to establish a 5,320,000 metric ton tariff-rate quota for rice. This gives the US rice farmers access to the Chinese market, and it is predicted that in the future, US rice exports to China will total USD 300 million annually.. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Various Measures are adopted to enhance the Rice Production.

Hong Kong Composite Consumer Price Index (CPI): Food: Rice data was reported at 114.500 Oct1994-Sep1995=100 in Mar 2001. This records an increase from the previous number of 111.700 Oct1994-Sep1995=100 for Feb 2001. Hong Kong Composite Consumer Price Index (CPI): Food: Rice data is updated monthly, averaging 84.400 Oct1994-Sep1995=100 from Oct 1980 (Median) to Mar 2001, with 246 observations. The data reached an all-time high of 123.600 Oct1994-Sep1995=100 in Oct 1997 and a record low of 48.600 Oct1994-Sep1995=100 in Oct 1980. Hong Kong Composite Consumer Price Index (CPI): Food: Rice data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.I012: Composite Consumer Price Index: 10/94-9/95=100.

In 2024, the Chinese rice market increased by 4% to $134.3B, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Rice consumption peaked in 2024 and is likely to see steady growth in the immediate term.

China Agricultural Product Price Index: Wholesale: Grain: Polished Round-grained Rice data was reported at 100.000 Prev Week=100 in 03 May 2020. This records a decrease from the previous number of 100.200 Prev Week=100 for 26 Apr 2020. China Agricultural Product Price Index: Wholesale: Grain: Polished Round-grained Rice data is updated daily, averaging 100.000 Prev Week=100 from Sep 2016 (Median) to 03 May 2020, with 186 observations. The data reached an all-time high of 100.600 Prev Week=100 in 15 Sep 2019 and a record low of 99.000 Prev Week=100 in 02 Dec 2018. China Agricultural Product Price Index: Wholesale: Grain: Polished Round-grained Rice data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Weekly.

Macau Wholesale Price: Food: Rice: From China data was reported at 9.500 MOP/kg in Sep 2018. This stayed constant from the previous number of 9.500 MOP/kg for Aug 2018. Macau Wholesale Price: Food: Rice: From China data is updated monthly, averaging 6.708 MOP/kg from Oct 2001 (Median) to Sep 2018, with 204 observations. The data reached an all-time high of 9.500 MOP/kg in Sep 2018 and a record low of 4.000 MOP/kg in May 2006. Macau Wholesale Price: Food: Rice: From China data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR – Table MO.P001: Wholesale Price: Food.

China Rice Wine: Cost of Sales: Year to Date data was reported at 10.875 RMB bn in Oct 2015. This records an increase from the previous number of 9.416 RMB bn for Sep 2015. China Rice Wine: Cost of Sales: Year to Date data is updated monthly, averaging 3.599 RMB bn from Dec 1998 (Median) to Oct 2015, with 102 observations. The data reached an all-time high of 11.873 RMB bn in Dec 2014 and a record low of 0.689 RMB bn in Feb 2006. China Rice Wine: Cost of Sales: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHC: Wine: Rice Wine.

China Agricultural Product Price Index: Retail: Grain: Rice in Small Packet data was reported at 100.200 Prev Week=100 in 03 May 2020. This stayed constant from the previous number of 100.200 Prev Week=100 for 26 Apr 2020. China Agricultural Product Price Index: Retail: Grain: Rice in Small Packet data is updated daily, averaging 100.000 Prev Week=100 from Sep 2009 (Median) to 03 May 2020, with 551 observations. The data reached an all-time high of 100.800 Prev Week=100 in 09 Sep 2018 and a record low of 99.500 Prev Week=100 in 04 Mar 2018. China Agricultural Product Price Index: Retail: Grain: Rice in Small Packet data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Weekly.

2034 Global export shipment records of Broken Rice with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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Rice Market Size 2023-2027

The rice market size is projected to increase by 85.65 million T, at a CAGR of 3.6% between 2022 and 2027.

Market growth in the rice industry is driven by several key factors. Firstly, increased consumption of rice as a staple food globally is a significant factor. Secondly, the diverse range of rice varieties available from producers caters to various consumer preferences and market demands. Thirdly, rising demand for rice flour from emerging markets, particularly in the food processing and cosmetics industries, is another crucial factor. These elements collectively fuel market growth, emphasizing rice's importance as a vital food source.
As consumption patterns evolve and dietary trends shift, producers are expected to continue innovating to meet diverse consumer preferences. Brown rice, in particular, is gaining popularity due to its health benefits and environmental sustainability. Producers must adapt to changing market dynamics to ensure continued growth and sustainability in the rice industry. This trend underscores the significance of brown rice as a crucial food source and the need for producers to stay competitive and responsive to market demands.

What will be the Size of the Rice Market During the Forecast Period?

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How is the Rice Market Segmented?

The rice market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'Million ton' for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

Product Outlook 

  Long grain
  Medium grain
  Short grain


Distribution Channel Outlook 

  Offline
  Online


Region Outlook

  North America

    The U.S.
    Canada


  Europe

    The U.K.
    Germany
    France
    Rest of Europe


  APAC

    China
    India


  Middle East & Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East & Africa


  South America

    Chile
    Brazil
    Argentina

By Product

The market share growth by the long-grain segment will be significant during the forecast period. Long-grain rice is slim and lengthy, having a length that is three to five times its width. This segment has a range of rice varieties such as basmati and jasmine.

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The long-grain segment was valued at 177.73 million T in 2017. Long-grain rice is widely produced and consumed across Asian countries. These countries are some of the largest consumers of rice in the world. Thus, the popularity of long-grain rice in leading rice-consuming countries in the world is driving the growth of the long-grain segment of the global market. Furthermore, long-grain rice is believed to be healthier than other rice varieties.
For instance, basmati rice is low in carbohydrates and cholesterol, making it suitable for consumption by people with chronic disorders such as diabetes, cardiac diseases, and obesity. Such health benefits of long-grain rice increase its popularity among consumers, which, in turn, will drive rice market growth during the forecast period.

By Distribution Channel

The offline distribution channel segment generates revenue from the sales of products through hypermarkets, supermarkets, department stores, and independent retailers. Retailers are introducing new business and retail strategies, for example, better pricing strategies and wider assortments, owing to the declining preference for offline shopping and the need to survive in a competitive market. As a part of the marketing and offline sales strategy, resellers place attractive displays that generate strong sales. companies push their offline sales by widening their store operations across locations.
Companies can increase sales and cater to each consumer category through expansions in large geographies. With the growth in retail channels in cities and regions, customers have access to different varieties of rice, such as brown rice, basmati rice, and jasmine rice. This is expected to increase the sales of rice through offline channels during the forecast period. 

By Region

Get a glance at the market share of various regions. View PDF Sample

APAC is estimated to contribute 73% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is the biggest producer and consumer of rice in the world. The region consumes about two-thirds of the total rice produced globally. Thus, rice is available in plenty across the region. Countries including China, Thailand, and India use rice in the preparation of a wide range of daily-use food items such as rice wine. This keeps the demand for rice high in the region.

In February 2025, the average rice bran import price amounted to $289 per ton, waning by -4.2% against the previous month.