The average domestic retail price of well-milled rice in the Philippines was around 47.41 Philippine pesos per kilogram in 2023. The retail price of palay was highest in 2018 at roughly 47.43 Philippine pesos per kilo. Palay was among the crops with the highest production volume in that year.
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Rice decreased 0.88 USD/CWT or 6.31% since the beginning of 2025, 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 March of 2025.
This statistic shows the monthly price index of rice (average for all rice varieties) from July 2022 to January 2025. In April 2023, the rice price index amounted to 124.2.
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.
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Philippines Retail Price: Rice Premium: Region 10: Cagayan de Oro City data was reported at 54.000 PHP/kg in 23 Nov 2018. This stayed constant from the previous number of 54.000 PHP/kg for 16 Nov 2018. Philippines Retail Price: Rice Premium: Region 10: Cagayan de Oro City data is updated weekly, averaging 48.000 PHP/kg from Dec 2013 (Median) to 23 Nov 2018, with 255 observations. The data reached an all-time high of 55.000 PHP/kg in 02 Nov 2018 and a record low of 45.000 PHP/kg in 08 Aug 2014. Philippines Retail Price: Rice Premium: Region 10: Cagayan de Oro City data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P001: Retail Price: Selected Agricultural Commodities.
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Retail Price: Well Milled Rice: Philippines data was reported at 53.900 PHP/kg in 28 Feb 2025. This records a decrease from the previous number of 54.190 PHP/kg for 15 Feb 2025. Retail Price: Well Milled Rice: Philippines data is updated daily, averaging 55.085 PHP/kg from Jun 2023 (Median) to 28 Feb 2025, with 42 observations. The data reached an all-time high of 57.040 PHP/kg in 15 Apr 2024 and a record low of 45.350 PHP/kg in 15 Jun 2023. Retail Price: Well Milled Rice: Philippines data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P003: Retail Price: Selected Agricultural Commodities.
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.
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Philippines Retail Price: Regular Milled Rice: Region 10: Northern Mindanao data was reported at 49.780 PHP/kg in 28 Feb 2025. This records a decrease from the previous number of 51.020 PHP/kg for 15 Feb 2025. Philippines Retail Price: Regular Milled Rice: Region 10: Northern Mindanao data is updated daily, averaging 51.390 PHP/kg from Jun 2023 (Median) to 28 Feb 2025, with 42 observations. The data reached an all-time high of 52.750 PHP/kg in 15 Apr 2024 and a record low of 42.160 PHP/kg in 30 Jun 2023. Philippines Retail Price: Regular Milled Rice: Region 10: Northern Mindanao data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P003: Retail Price: Selected Agricultural Commodities.
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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 average domestic retail price of regular-milled rice in the Philippines was around 42.8 Philippine pesos per kilogram in 2023. The retail price of this type of palay was highest in 2018, followed by a period of decline, before rising again after 2021.
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Rice Price in Mexico - 2023. Find the latest marketing data on the IndexBox platform.
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In July 2022, the rice price per ton stood at $812, growing by 9.8% against the previous month.
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Rice Price in New Zealand - 2023. Find the latest marketing data on the IndexBox platform.
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This dataset contains Food Prices data for Philippines, sourced from the World Food Programme Price Database. The World Food Programme Price Database covers foods such as maize, rice, beans, fish, and sugar for 98 countries and some 3000 markets. It is updated weekly but contains to a large extent monthly data. The data goes back as far as 1992 for a few countries, although many countries started reporting from 2003 or thereafter.
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Rice Price in Peru - 2021. Find the latest marketing data on the IndexBox platform.
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Philippines Retail Price: Special Rice: Region 4A: Batangas City data was reported at 57.830 PHP/kg in 30 Jun 2023. This stayed constant from the previous number of 57.830 PHP/kg for 15 Jun 2023. Philippines Retail Price: Special Rice: Region 4A: Batangas City data is updated daily, averaging 54.200 PHP/kg from Jan 2021 (Median) to 30 Jun 2023, with 56 observations. The data reached an all-time high of 61.370 PHP/kg in 30 Apr 2023 and a record low of 50.750 PHP/kg in 30 Nov 2021. Philippines Retail Price: Special Rice: Region 4A: Batangas City data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P003: Retail Price: Selected Agricultural Commodities.
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.
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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....
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United States - Producer Price Index by Industry: Rice Milling: Milled Rice and Byproducts was 215.49600 Index Dec 2003=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Rice Milling: Milled Rice and Byproducts reached a record high of 245.84400 in March of 2023 and a record low of 94.70000 in July of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Rice Milling: Milled Rice and Byproducts - last updated from the United States Federal Reserve on March of 2025.
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 average domestic retail price of well-milled rice in the Philippines was around 47.41 Philippine pesos per kilogram in 2023. The retail price of palay was highest in 2018 at roughly 47.43 Philippine pesos per kilo. Palay was among the crops with the highest production volume in that year.