Rice rose to 13.10 USD/cwt on June 27, 2025, up 0.46% from the previous day. Over the past month, Rice's price has fallen 2.93%, and is down 22.79% 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 June 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

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.

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

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

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.

In 2024, the retail price of long-grain, uncooked white rice stood at 1.03 U.S. dollars per pound. In 2008, rice prices rose to record highs, from 55 to 81 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 2.5 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 91 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 44 and a half million hectares, while China’s area amounted to some 31 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 147 million metric tons of rice, while India’s figures reached an estimated 119 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).

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

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.

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 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 1.32 billion U.S. dollars.

Average Retail Price: Rice: Modern Market: East Java: Madiun Municipality data was reported at 14,000.000 IDR/kg in 16 May 2025. This stayed constant from the previous number of 14,000.000 IDR/kg for 15 May 2025. Average Retail Price: Rice: Modern Market: East Java: Madiun Municipality data is updated daily, averaging 12,350.000 IDR/kg from Jun 2017 (Median) to 16 May 2025, with 2004 observations. The data reached an all-time high of 22,000.000 IDR/kg in 19 Jun 2017 and a record low of 11,900.000 IDR/kg in 10 Jan 2023. Average Retail Price: Rice: Modern Market: East Java: Madiun Municipality data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB032: Average Retail Price: Modern Market: By Regions: Rice. [COVID-19-IMPACT]

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

Parboiled Rice Market Outlook

The global parboiled rice market size is projected to witness substantial growth, with an expected valuation of USD 16.5 billion in 2023 and anticipated to reach approximately USD 23.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.1%. Key growth factors driving this market include an increasing consumer inclination towards healthier and nutrient-rich food options, advancements in rice processing technologies, and rising demand from developing regions.

One of the significant factors contributing to the rapid growth of the parboiled rice market is the rising consumer awareness regarding the health benefits associated with parboiled rice. Unlike regular rice, parboiled rice undergoes a specific process that enhances its nutritional profile by retaining more vitamins and minerals. This characteristic makes it a preferred choice among health-conscious consumers who are increasingly opting for foods that provide additional health benefits. Furthermore, the longer shelf life of parboiled rice compared to regular rice adds to its growing popularity, contributing to overall market expansion.

Advancements in rice processing technologies play a crucial role in the proliferation of the parboiled rice market. Innovations in milling and parboiling techniques have improved the efficiency and quality of rice production, making parboiled rice more accessible and affordable. These technological advancements not only enhance the nutritional content of the rice but also ensure a consistent product quality, which is vital for maintaining consumer trust and driving market growth. Additionally, the incorporation of automation and digitalization in rice processing plants has streamlined operations and reduced production costs, further propelling market growth.

Increasing demand from developing regions, particularly in Asia-Pacific, Africa, and Latin America, significantly fuels the market expansion. In these regions, parboiled rice is a staple food, and its demand is driven by population growth, urbanization, and rising disposable incomes. Governments and international organizations are also promoting the cultivation and consumption of parboiled rice due to its higher yield and nutritional benefits. This concerted effort, along with the growing adoption of parboiled rice in various culinary applications, is expected to drive substantial market growth in the coming years.

From a regional perspective, Asia-Pacific dominates the parboiled rice market, accounting for the largest market share. The region's dominance is attributed to the high consumption of rice and the presence of leading rice-producing countries such as India, China, and Thailand. North America and Europe are also witnessing a growing demand for parboiled rice, driven by increasing health consciousness and the popularity of ethnic cuisines. Additionally, Latin America and the Middle East & Africa are emerging markets with significant growth potential due to changing dietary patterns and increasing urbanization.

In addition to the popular varieties of parboiled rice, Jasmine & Calrose Rice are gaining attention in the market due to their unique flavor profiles and cooking characteristics. Jasmine rice, known for its fragrant aroma and soft texture, is a staple in Southeast Asian cuisine and is increasingly being embraced by consumers worldwide for its versatility in various dishes. On the other hand, Calrose rice, which originated in California, is favored for its medium grain and slightly sticky texture, making it ideal for sushi and other Asian-inspired dishes. The growing popularity of these rice varieties is contributing to the diversification of the rice market, offering consumers more options to suit their culinary preferences.

Product Type Analysis

The parboiled rice market is segmented into two primary product types: white parboiled rice and brown parboiled rice. White parboiled rice holds a significant share of the market owing to its widespread acceptance and preference among consumers. The processing of white parboiled rice removes the bran layer, giving it a lighter color and a softer texture, which many consumers find appealing. This type of rice is commonly used in a variety of culinary applications, from everyday meals to elaborate dishes, contributing to its high demand. Furthermore, its relatively lower price compared to brown parboiled rice makes it accessible to a broader consumer base.

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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.
Growin

US Long Grain Rice FOB: Oct '23 $406, Oct '24 $405 (-0.2%). Nov '23 $418, Nov '24 $393 (-6%). Dec '23 $425, Dec '24 $395 (-7%).

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.

Brazil Agricultural Market Price: Rice: 50 Kg: Rio Grande do Sul data was reported at 42.450 BRL in May 2019. This records an increase from the previous number of 39.990 BRL for Apr 2019. Brazil Agricultural Market Price: Rice: 50 Kg: Rio Grande do Sul data is updated monthly, averaging 33.710 BRL from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 60.130 BRL in Feb 2016 and a record low of 18.680 BRL in May 2011. Brazil Agricultural Market Price: Rice: 50 Kg: Rio Grande do Sul 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.

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.