United Kingdom: Milled Rice Market 2020

Milled Rice Market Size in the UK

The UK milled rice market totaled $X in 2019, surging by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. The UK consumption peaked at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Milled Rice Production in the UK

In value terms, milled rice production contracted modestly to $X in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

In 2019, the average milled rice yield in the UK amounted to X kg per ha, approximately mirroring 2018 figures. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The milled rice harvested area in the UK was estimated at X ha in 2019, flattening at the previous year. Overall, the harvested area recorded a relatively flat trend pattern.

Milled Rice Exports

Exports from the UK

In 2019, shipments abroad of milled rice decreased by -X% to X tons for the first time since 2016, thus ending a two-year rising trend. Overall, total exports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2018, and then dropped in the following year.

In value terms, milled rice exports amounted to $X in 2019. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

India (X tons) and Thailand (X tons) represented roughly X% of total exports of milled rice in 2018. Vietnam (X tons) took the next position in the ranking, followed by Pakistan (X tons). All these countries together took near X% share of total exports. The U.S. (X tons), Myanmar (X tons), Uruguay (X tons), Brazil (X tons) and Italy (X tons) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice supplying countries from the UK were India ($X), Thailand ($X) and Vietnam ($X), together comprising X% of total exports.

In terms of the main exporting countries, India saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The milled rice export price in the UK stood at $X per ton in 2018, surging by X% against the previous year. Overall, export price indicated temperate growth from 2007 to 2018: its price 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. The pace of growth appeared the most rapid in 2011 when the export price increased by X% year-to-year. The UK export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Milled Rice Imports

Imports into the UK

In 2019, approx. X tons of milled rice were imported into the UK; rising by X% compared with the previous year. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, milled rice imports rose sharply to $X in 2019. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. The UK imports peaked at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of milled rice, namely China, Indonesia, Iran, the Philippines, Cote d'Ivoire, Senegal, Saudi Arabia, Bangladesh, South Africa, Iraq, the U.S. and the United Arab Emirates, represented more than third of total import.

From 2007 to 2018, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Iran ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

In terms of the main importing countries, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the milled rice import price in the UK amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X% y-o-y. The UK import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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