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Rice Prices Up By 15% In Indian Markets, Palm Oil Prices On The Rise As Well

Rice Prices Up By 15% In Indian markets, Palm Oil Prices On The Rise As Well

With waning impact of covid-19, people had high hopes from the year 2022. Almost all expected the year to support recovery after the covid-19 pandemic wreaked havoc and disrupted lives in the last couple of years. However, the year drifted far away from people’s pre-conceived notions.

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Agri Commodities Basmati Rice

Global Rice Market: Production, Consumption, and Trade

Global Rice

Rice is the common food for more than half the world’s population. It is the second-largest cereal crop produced in the world after corn. Rice is also a key staple food in many parts of Asia, North America, South America, and Europe. The global rice market is expected to rise at a CAGR of more than 2% by 2022. This rise can be attributed to the growing population and increase in demand for different varieties of rice such as brown rice, basmati rice, and jasmine rice. Moreover, factors such as increasing disposable income, rapid urbanization, and changing dietary patterns are expected to contribute significantly to the growth of this market during the forecast period. Moreover, countries such as India and China are major producers of rice globally.

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Agri Commodities Basmati Rice Rice

Basmati Rice Export from India to Egypt

Basmati Rice Export from India to Egypt

Egypt is a prominent rice market in the North African region with the country’s rice supply being tabulated at 60.9 kg paddy/capita/year. The demand is higher than production which makes the region dependent on rice imports. The government in the country imports rice from China, India, Thailand, and Russia.

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Agri Commodities Rice

Non-Basmati Rice Exports from India: An Overview

Non-Basmati Rice Export from India

India is a major non-basmati rice exporter in global markets giving stiff competition to Vietnam. Thailand and the USA are the other two countries producing and exporting parboiled rice and 100% broken rice. In the financial year 2021, India witnessed an increase in exports driven by record-high sales of non-basmati (13.9 million tons) and Basmati rice (4.6 million tons). According to the Agriculture and Processed Food Products Export Development Authority (APEDA), the shipments of Non-Basmati Rice rose 115.44 percent to $3.51 billion in April-January 2020-21 from $1.63 billion in the same period in 2019-20.

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Agri Commodities Basmati Rice

Top 5 Rice Consuming Countries During 2020

Top 5 Rice consuming country during 2020

Rice is one of the world’s foremost food crops for humans, particularly in Asian countries. Top 5 rice-consuming countries in the world during 2020 are from Asia.

Rice is the third most grown crop in the world? The only two crops produced more than rice are maize (corn) and sugarcane. It grows in moist conditions, which are common in the Asian region.

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Agri Commodities Basmati Rice

Top 10 Rice Exporting Countries in the World during 2020

Top 10 Rice Exporting Countries in the World during 2020

Rice is a staple food crop in many countries, especially in the Asian regions from Japan in the east to Pakistan in the west. It grows in moist conditions, which are common in the Asian region. And with such climatic conditions, India and Thailand became the leading rice exporting countries during 2020.

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Agri Commodities Rice

Top 10 Rice Importing Countries in the World during 2020

Top 10 Rice Importing Countries in the World during 2020

Rice is one of the major food items in many countries. It is consumed by a majority of the human population worldwide. It grows in moist conditions, which are common in the Asian region. The Philippines and China are the leading rice importing countries during 2020.

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Tradologie is thrilled to have Zaria Industries Private Ltd. onboard

Zaria Industries Private Ltd

Welcome to the team Zaria Industries Private Ltd.  We are thrilled to have you on board. Your association is going to be a valuable asset to our company and we can’t wait to see all that you accomplish on our platform.

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Basmati Rice

Tradologie is delighted to welcome basmati rice exporter,Paddy Fields onboard

paddy field

Tradologie.com is delighted to welcome our new rice exporter partner onboard- Paddy fields. 

The company joined hands with us in October 2020 and we are honored to have them as our prestigious associate. With the aim to provide fine quality rice for connoisseurs worldwide, consistently and to march excellence in the rice exporter field through innovation. 

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Rice

Easy steps to import Sugandha rice from India

import Sugandha rice

Produced in the fertile plains of north India, Sugandha rice is hybrid traditional basmati rice with no aroma. Cooking Sugandha rice can elongate it up to 14-15mm and is a common replaceable variant of traditional basmati rice. Sugandha rice is long, slender and needs proper warehouse storage. The rice is one of the preferred varieties of Indian rice and has a good global market.

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