Rice rose to 13.64 USD/cwt on June 6, 2025, up 0.15% from the previous day. Over the past month, Rice's price has risen 7.24%, but it is still 24.77% 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 June of 2025.

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.

In wholesale prices, the Bangladesh rice market earned total revenues of $8.5B in 2016, which was significantly lower than the highest level of consumption achieved in 2014. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

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.

Discover why Japanese consumers are embracing foreign rice varieties as domestic prices hit record highs, prompting a shift in market dynamics and potential trade policy impacts.

On this page, you will find the latest market prices for rice today. Know if there has been a rise in rice prices in recent days.

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

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....

In May 2023, the price of packed white rice amounted to 35.6 Egyptian pounds (1.15 U.S. dollars) per kilogram, recording an increase of 12.16 percent in comparison to the previous month. Between September 2019 and May 2020, the mean price remained stable at 17.23 Egyptian pounds (1.10 U.S. dollars) per kilogram. However, it followed an overall increasing trend afterwards.

The size of the Bangladesh Rice 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. The rice market in Bangladesh is steadily growing due to its role as a staple food and the country's advantageous tropical monsoon climate, which allows for widespread rice farming. It is estimated that the market will increase by an average of 4.1% annually from 2024 to 2029. Key players in the industry consist of local manufacturers who excel in the market with strong distribution networks like nearby stores and supermarkets. The lifting of import tariffs has improved the balance of supply and demand, leading to notable imports from India, China, and Pakistan. The nutritional advantages of rice, such as its ability to prevent obesity, supply protein, and act as a reliable energy source, are leading to its growing popularity. The rise in popularity of gluten0free properties. In spite of obstacles like unpredictable crop sizes and the necessity for better farming techniques, the market's optimistic future is fueled by increasing disposable incomes and population expansion. This path highlights the essential function of rice in Bangladeshi homes and its opportunity for further growth in the market. 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.

According to Cognitive Market Research, the global Organic Rice Market size will be USD 2261.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.10% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 904.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 678.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 520.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 113.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 45.22 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
The Rice Type held the highest Organic Rice Market revenue share in 2024.

Market Dynamics of Organic Rice Market

Key Drivers for Organic Rice Market

Rising Interest in Organic Food to Increase the Demand Globally

One key driver in the Organic Rice Market is the continuous advancements in rising interest in organic food; customers are becoming more conscious of the possible health advantages of eating organic food. Most people believe that organic rice is free of dangerous chemicals, such as artificial fertilizers and pesticides, and some research even suggests that it has higher concentrations of specific nutrients. Consumers are becoming more conscious of the environment and seeking methods to lessen their ecological imprint. Buyers who care about the environment are drawn to organic rice cultivation methods, which emphasize biodiversity, soil protection, and water preservation. Growing disposable incomes in developing countries allow consumers to prioritize quality and health over price alone, creating a market for premium products like organic rice. Organic certification ensures a strict production process with regulations, which translates to consumer confidence in the safety and quality of organic rice.

Government Assistance with Environmentally Friendly Farming to Propel Market Growth

Another key driver in the Organic Rice Market is the increasing government assistance with environmentally friendly farming. Governments around the world are recognizing the benefits of sustainable agriculture and are aggressively supporting organic farming practices. This assistance is provided in a number of ways, such as financial assistance to farmers to help with the costs of switching to organic practices and certification procedures. Establishing and enforcing national organic standards that build trust with consumers. Educating the people about the advantages of organic rice and sustainable agriculture. The market for organic rice is being driven ahead in large part by this government support. A case in point is Thailand's "one million rai" initiative, which sought to dramatically increase the country's output of organic rice in a matter of years.

Restraint Factor for the Organic Rice Market

Time-Consuming Procedures to Limit the Sales

One key restraint in the Organic Rice Market is the challenge is time-consuming procedures. However, the procedure of installing these toilets can be expensive and time-consuming. Additionally, the product has high maintenance expenditures. Traditional toilet systems are also less expensive and more used by users. It is anticipated that these barriers will restrict the potential growth of the market for these toilets. Market barriers to the expansion of organic rice throughout the projection period are probably going to be the lack of knowledge about the advantages of the product among consumers in emerging nations and the accessibility of substitutes. growing rivalry between producers

Impact of Covid-19 on the Organic Rice Market

The Organic Rice Market experienced both challenges and opportunities due to the impact of COVID-19. On one hand, The COVID-19 pandemic has been unprecedented and astounding on a global scale, with demand for the product exceeding expectations in every region when compared to pre-pandemic levels. The market's expansion and demand r...

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.

The Rice Trade Analysis size was valued at USD 306.38 Million in 2023 and is projected to reach USD 356.79 Million by 2032, exhibiting a CAGR of 2.20 % during the forecast periods. . Key drivers include the benefits of hybrid seeds, government initiatives, rising food security concerns, and technological advancements. Hybrid seeds offer higher yields, improved disease resistance, and better grain quality. Governments are promoting rice cultivation through subsidies and incentives. Growing population and urbanization contribute to increased demand for rice. Advancements in irrigation, harvesting, and post-harvest technologies enhance productivity and reduce losses. Recent developments include: September 2022: India banned the export of broken rice, and a 20% export duty was imposed on non-basmati rice. This is the first ban by India after the 2011 ban on non-basmati rice for three years., August 2022: The Indian Central Government has decided to procure 51.8 million tons of rice in the 2022-2023 procurement season after a high-level meeting with representatives from central rice-producing states., February 2022: China issues a minimum price on rice for 2022. The National Development and Reform Commission (NDRC) has set the minimum purchase prices for varieties like early India, late Indica, and Japonica rice. The volume purchased at the minimum fee will be limited to 50 million tons.. Notable trends are: Favorable Trade Policies.

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 2024, the global rice market increased by 1.2% to $509B, rising for the fourth consecutive year after two years of decline. In general, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 3.1%. Global consumption peaked at $536.7B in 2014; however, from 2015 to 2024, consumption failed to regain momentum.

The global rice planting market, encompassing indica and japonica varieties, is a substantial and dynamic sector characterized by consistent growth. While precise figures for market size and CAGR aren't provided, industry reports suggest a multi-billion dollar market with a moderate to strong CAGR (let's assume a conservative 3-4% annually for the forecast period), driven primarily by rising global population and increasing demand for staple foods. The market's segmentation reflects distinct consumer preferences and distribution channels. Indica rice, known for its aromatic qualities, generally commands higher prices, while japonica rice enjoys broader appeal. Online sales are witnessing significant growth, driven by e-commerce expansion and consumer convenience, although offline sales through traditional retail channels remain dominant. Key regional markets include Asia-Pacific (particularly India and China), followed by North America, Europe, and other regions. Growth is influenced by factors such as climate change impacting yields, fluctuating rice prices, government policies related to agricultural subsidies and trade, and advancements in rice cultivation technology. These trends significantly affect market players, with large agricultural corporations playing a dominant role in production and distribution, alongside smaller regional players focusing on niche markets and local production. Competition in the rice planting market is fierce, with major players like KRBL, Bayer AG, and Syngenta Group dominating the global landscape. These firms are actively engaged in research and development, focusing on improving crop yields, developing pest-resistant varieties, and exploring sustainable farming practices. Furthermore, the rise of contract farming and integration across the supply chain are shaping the market structure. Despite the overall positive growth outlook, the market faces challenges, including price volatility due to fluctuating commodity prices and climate change impacts on yields. Successfully navigating these challenges requires strategic planning, technological innovation, and effective risk management, making efficient and sustainable rice planting practices increasingly crucial for profitability and market share growth. The forecast period (2025-2033) is expected to see further consolidation within the industry, with larger players acquiring smaller companies to enhance their market reach and product portfolio.

The global Japonica rice market is experiencing robust growth, driven by increasing consumer demand for high-quality rice and its versatility in diverse culinary applications. While precise market size figures for 2025 aren't provided, leveraging industry reports and considering average CAGR growth rates in similar food segments (let's assume a conservative CAGR of 5% for illustration), we can estimate a 2025 market value in the range of $15-20 billion USD. This estimation considers factors like population growth, rising disposable incomes in developing economies, and the increasing popularity of Japonica rice in both traditional and innovative food products. The market is further segmented by type (translucent and opaque) and application (direct edible and deep processing), each exhibiting unique growth trajectories reflecting evolving consumer preferences and processing capabilities. The market's growth is not uniform across all regions; Asia Pacific, particularly China, Japan, and South Korea, remains the dominant market segment, but growth opportunities are emerging in other regions as consumer awareness increases and import markets expand. Key drivers include rising health consciousness (Japonica rice's nutritional benefits), growing food processing industries leveraging Japonica rice's qualities, and increasing demand for convenient and ready-to-eat food products. However, factors like fluctuating rice prices due to climate change and global trade dynamics, as well as competition from other rice varieties, pose potential restraints on overall growth. Leading companies in this space are strategically investing in technological advancements to enhance production efficiency, improve product quality, and explore new market opportunities to enhance their position in this competitive landscape. Further research is needed to identify the specific CAGR, but based on industry trends, a sustained period of growth is anticipated into the forecast period (2025-2033).

As of February 2024, the retail price of rice in Indonesia stood at approximately 15,157 Indonesian rupiah per kilogram. This indicates an increase of around 18.41 percent compared to the same month in the year prior. Rice retail price in Indonesia has been steadily increasing since February 2023.

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.

According to Cognitive Market Research, the global rice seed market size will be USD 7514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 3005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2254.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1728.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 375.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 150.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The medium-size grains category is the fastest-growing segment of the rice seed industry.

Market Dynamics of Rice Seed Market

Key Drivers for Rice Seed Market

Growing Population to Boost Market Growth

One of the main factors propelling the expansion of the rice seed industry is the world’s expanding population. High-yielding and effective seed varieties are necessary to ensure food security as the demand for rice rises. Additionally, market demand is further fueled by the fact that rice is a staple food in nations with fast population expansion, especially in Asia and Africa. Population growth is a major component in market expansion as advanced rice seed varieties, such as hybrid and genetically modified choices, are widely adopted to increase production and fulfill expanding consumption needs. For instance, The Indian Agricultural Research Institute and Nuziveedu Seeds Ltd. Have signed a Memorandum of Understanding, marking a major advancement in agricultural innovation. With the goal of increasing productivity and sustainability in pulse farming, our partnership focuses on the development and marketing of three high-yielding Pigeon Pea varieties.

Increased Awareness of Food Security to Drive Market Growth

The industry is anticipated to increase significantly in the upcoming years due to growing awareness of food security. There is an increasing need for resilient and sustainable food systems as worries about population increase, climate change, and resource shortages grow on a worldwide scale. Additionally, governments, organizations, and consumers are concentrating on programs that improve food security, like funding regional food production, cutting down on food waste, and encouraging sustainable agriculture. This change in perspective is probably going to encourage innovation and investment in technological advancements and methods that improve the accessibility, affordability, and availability of food, which will help the market grow.

Restraint Factor for the Rice Seed Market

High Cost of Seeds and Unexpected Patterns of Weather Will Limit Market Growth

The market for rice seeds is hampered by especially small rice seed holders, from investing in high-quality rice varieties that could increase production is the high cost of seeds. By lowering overall adoption rates, high seed prices can impede market growth. Furthermore, erratic rainfall, floods, and droughts are examples of unforeseen weather patterns that add uncertainty to rice agriculture and make farmers reluctant to commit to particular seed varieties. Additionally, inconsistent yields due to climate variability can deter people from investing in more expensive seeds. As a result, these factors limit the market’s expansion for rice seeds by raising financial risks and lowering farmer trust.

Impact of Covid-19 on the Rice Seed Market

The COVID-19 pandemic had a major impact on global supply chains and agricultural activities, which in turn caused substantial disruptions to the rice seed market. Planting timetables were impacted by lockdowns and restrictions that resulted in a lack of workers, delayed transportation, and decreased seed availability. Due to financial constraints brought on by decreased incomes, farmers had trouble obtaining high-quality seeds, which ...