Rice fell to 10.13 USD/cwt on December 2, 2025, down 0.45% from the previous day. Over the past month, Rice's price has fallen 1.04%, and is down 33.78% 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 December of 2025.

This statistic shows rice price indices worldwide from 2016 to 2024. In 2024, rice was indexed at 133.1, up from 108.8 in 2022.

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.

Japan Consumer Price Index (CPI): Goods: Rice data was reported at 195.300 2020=100 in Mar 2025. This records an increase from the previous number of 182.600 2020=100 for Feb 2025. Japan Consumer Price Index (CPI): Goods: Rice data is updated monthly, averaging 100.300 2020=100 from Jan 1970 (Median) to Mar 2025, with 663 observations. The data reached an all-time high of 195.300 2020=100 in Mar 2025 and a record low of 41.700 2020=100 in Jan 1970. Japan Consumer Price Index (CPI): Goods: Rice data remains active status in CEIC and is reported by Statistical Bureau. The data is categorized under Global Database’s Japan – Table JP.I002: Consumer Price Index: 2020=100.

In February 2023, the paddy rice price totaled $410 per ton (FOB, US), increasing by 3.5% month-on-month.

Wholesale Price: Average: Rice: All India data was reported at 2,682.680 INR/Quintal in Nov 2018. This records an increase from the previous number of 2,679.470 INR/Quintal for Oct 2018. Wholesale Price: Average: Rice: All India data is updated monthly, averaging 2,415.990 INR/Quintal from Jan 2009 (Median) to Nov 2018, with 119 observations. The data reached an all-time high of 2,713.480 INR/Quintal in Jul 2018 and a record low of 1,439.460 INR/Quintal in Jul 2009. Wholesale Price: Average: Rice: All India data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC060: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Rice.

In 2023, paddy rice exports from Japan skyrocketed to 38 tons, with an increase of 221% compared with 2022 figures.

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.

Sri Lanka Retail Price: Average: Colombo: Rice: Raw: White data was reported at 84.170 LKR/kg in Oct 2018. This records an increase from the previous number of 82.070 LKR/kg for Sep 2018. Sri Lanka Retail Price: Average: Colombo: Rice: Raw: White data is updated monthly, averaging 59.520 LKR/kg from Jan 2004 (Median) to Oct 2018, with 175 observations. The data reached an all-time high of 93.320 LKR/kg in Jan 2017 and a record low of 28.800 LKR/kg in Aug 2005. Sri Lanka Retail Price: Average: Colombo: Rice: Raw: White data remains active status in CEIC and is reported by Department of Census and Statistics. The data is categorized under Global Database’s Sri Lanka – Table LK.P007: Retail Price: By Commodity: Colombo City (Period Average).

In 2018, approx. X tons of broken rice were exported worldwide; going down by -X% against the previous year. Overall, the total exports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice exports increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, global broken rice exports reached their peak figure at X tons in 2017, and then declined slightly in the following year.

Japan is facing a rapid food price inflation for rice in 2025, following a rice shortage in summer 2024. In July 2025, the Consumer Price Index (CPI) for rice grew by **** percent compared to the same month of the previous year. As a measure to stabilize prices in the consumer market, the Japanese government started to release stockpiled rice in April 2025.

The Pakistani rice market shrank dramatically to $4.2B in 2024, with a decrease of -34.9% 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 +23.9% against 2022 indices.

Rice was by far the food category affected by price inflation based on the reports of Japanese consumers. In a survey conducted in February 2025, over ** percent of respondents felt that rice prices had increased, followed by ****************. The Consumer Price Index of grains and cereals showed a jump in 2024, impacted by rising rice prices due to reported shortages.

Japan Consumer Price Index (CPI): YoY: Food: Cereals: Rice: Non Glutinous: Rice-A data was reported at 2.200 % in Oct 2018. This records a decrease from the previous number of 3.100 % for Sep 2018. Japan Consumer Price Index (CPI): YoY: Food: Cereals: Rice: Non Glutinous: Rice-A data is updated monthly, averaging 0.500 % from Jan 1976 (Median) to Oct 2018, with 514 observations. The data reached an all-time high of 42.900 % in May 1994 and a record low of -30.600 % in May 1995. Japan Consumer Price Index (CPI): YoY: Food: Cereals: Rice: Non Glutinous: Rice-A data remains active status in CEIC and is reported by Statistical Bureau. The data is categorized under Global Database’s Japan – Table JP.I005: Consumer Price Index: 2015=100: YoY% Change.

Retail Price: DCA: Monthly Average: Rice: South Zone: Chikkaballapur data was reported at 47.100 INR/kg in Aug 2023. This records an increase from the previous number of 46.810 INR/kg for Jul 2023. Retail Price: DCA: Monthly Average: Rice: South Zone: Chikkaballapur data is updated monthly, averaging 46.000 INR/kg from Jan 2023 (Median) to Aug 2023, with 8 observations. The data reached an all-time high of 47.100 INR/kg in Aug 2023 and a record low of 46.000 INR/kg in May 2023. Retail Price: DCA: Monthly Average: Rice: South Zone: Chikkaballapur data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Rice (Discontinued).

The size of the Bangladesh Rice Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.10% during the forecast period. Recent developments include: August 2022: According to BV Krishnarao, president of the Rice Exporters Association, rice prices increased in India because Bangladesh started importing rice from India. Popular varieties like Sona Masoori have increased by 30%., June 2022: Bayer Crop Science, a leading crop science company, launched Arize Hybrid Rice Seed 'INH 16019' in Bangladesh. This variety is produced with intolerance to brown plant hopper (BPH) and bacterial leaf blight (BLB)., June 2022: Food Planning and Monitoring Committee in Bangladesh decided to import rice privately from other countries to keep the market stable. This decision was taken because of the rising rice prices despite the harvest season.. Key drivers for this market are: Escalating Consumer Investment in Preventive Healthcare Products, Increasing Algal Protein Applications Among Various Supplements. Potential restraints include: Availability of Alternative Protein Sources. Notable trends are: Growing Population and Increase in Disposable Income.

Housing Inventory: Price Increased Count Year-Over-Year in Rice County, MN was -100.00% in September of 2023, according to the United States Federal Reserve. Historically, Housing Inventory: Price Increased Count Year-Over-Year in Rice County, MN reached a record high of 500.00 in November of 2018 and a record low of -100.00 in April of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Price Increased Count Year-Over-Year in Rice County, MN - last updated from the United States Federal Reserve on December of 2025.

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.

Snapshot img

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?

To get additional information about the rice market report, Request Free Sample

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.

For a detailed summary of the market segments, Get Sample Report

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.
Growing urbanization and ec

Discover the thriving Bangladesh rice market! This comprehensive analysis reveals key trends, growth drivers (population increase, urbanization), challenges (climate, pricing), and leading companies shaping the future of rice consumption in Bangladesh from 2025-2033. Explore market segmentation and growth projections for a complete understanding. Recent developments include: August 2022: According to BV Krishnarao, president of the Rice Exporters Association, rice prices increased in India because Bangladesh started importing rice from India. Popular varieties like Sona Masoori have increased by 30%., June 2022: Bayer Crop Science, a leading crop science company, launched Arize Hybrid Rice Seed 'INH 16019' in Bangladesh. This variety is produced with intolerance to brown plant hopper (BPH) and bacterial leaf blight (BLB)., June 2022: Food Planning and Monitoring Committee in Bangladesh decided to import rice privately from other countries to keep the market stable. This decision was taken because of the rising rice prices despite the harvest season.. Notable trends are: Growing Population and Increase in Disposable Income.