Committee for the Common Organisation

of Agricultural Markets
30 Oct. 2014

RICE MARKET SITUATION

DG Agriculture and Rural Development

European Commission
AGRI/C/4

World markets

World rice balance sheet

mio t

(milled basis)

700

Trade

600

Production

Ending stocks

500

448

400

436

Consumption

440

449
445

437

465

472

477

481

458

469

476

476

300
200
100

29

107

99

96

92

31

36

39

2009/10

2010/11

2011/12

38

104

109

110

40

40

2008/09

2012/13

2013/14 2014/15 fc
est

International trade
(mio t, milled basis)

Imports
2014 est

Exports
2015 fcast

China

3,2

3,5

Nigeria

3,1

3,4

Iran

1,8

1,9

Philippines

2,1

1,7

Iraq

1,5

EU

2014 est

2015 fcast

Thailand

9,3

10,0

India

9,6

8,5

Vietnam

6,4

6,7

1,5

Pakistan

3,8

3,8

1,4

1,4

United States

3,2

3,5

Saudi Arabia

1,3

1,3

Cambodia

1,1

1,2

Indonesia

1,4

1,3

Myanmar

1,0

1,1

US

0,7

0,6

Egypt

0,7

0,8

Source: IGC Sept. report

World market prices

(milled basis, FoB)
800
700
600

USD/t

500

US Long 4%
486

435

Thai 100%B
India 5%

400

Vietnam 5%
300
200
100
0
09/201212/201203/201306/201309/201312/201303/201406/201409/2014

435
405

Basmati prices
(milled basis, FoB)
2 500

Traditional (IN)
2250

Pusa (IN)

2 000

1680
1520

USD/t

Pusa 1121 (IN)

1400

1 500

Super Kernal
(PAK)

1 000

500

09/2012

01/2013

05/2013

09/2013

01/2014

05/2014

09/2014

EU markets

EU market prices
(paddy Japonica, at place of production)
500

Japonica EL
400

Japonica IT

EUR/t

300

Japonica ES

Japonica PT
200

100

N.Q.
N.Q.
279
N.Q.

EU market prices
(paddy Japonica, at place of production)
600
500

Japonica ES

EUR/t

400

Japonica EL

Japonica IT

300

Japonica PT
200
100
0

N.Q.
N.Q.
279
N.Q.

EU market prices
(paddy Indica, at place of production)
500

400

Indica IT
EUR/t

300

200

100

Indica PT

Indica ES

Indica EL

270
NQ
240
N.Q.

EU market prices
(paddy Indica, at place of production)
500

400

Indica ES

Indica EL Indica IT

EUR/t

300

200

100

Indica PT

EU market prices
(milled rice, at place of production)
1.000
900
800

Japonica IT

700

EUR/t

600
500
400

Japonica ES

Indica IT

Indica ES
Japonica FR

Indica FR

300
200
100
-

09/2012 12/2012 03/2013 06/2013 09/2013 12/2013 03/2014 06/2014 09/2014

N.Q.
490
N.Q.
N.Q.
N.Q.
550

Issued import licences

in tonnes
Paddy *
Rice for sowing**
Japonica
Indica

Husked
Japonica
Indica
Basmati
Indica excl. basmati
Husk ed excl. Basmati

Milled / semi-milled
Japonica
Indica

Total (milled eq.)

Japonica
Indica

Broken rice

2013/14

2014/1 vs
2013/14

#DIV/0!

#DIV/0!
#DIV/0!
#DIV/0!

2014/15

81.763

77.313

5,8%

1.239
80.524
50.010

1.762
75.551
34.451

-29,7%
6,6%
45,2%

30.514
31.753

41.100
42.862

-25,8%
-25,9%

79.299

79.910

-0,8%

10.280
69.019

8.765
71.145

17,3%
-3,0%

135.280

133.031

1,7%

11.056
124.224

9.884
123.147

11,9%
0,9%

74.141

53.956

37,4%

*paddy rice: no licence required. Source: COMEXT (Sept)

** Rice for sowing not included into 'Total (in milled equivalent)'

Issued export licences

2013/14

2014/1 vs
2013/14

#DIV/0!

#DIV/0!
#DIV/0!
#DIV/0!

Husked

896

638

40,4%

Japonica
Indica

822
74

386
252

113,0%
-70,6%

13.694

17.484

-21,7%

11.180
2.514

10.234
7.250

9,2%
-65,3%

14.309

17.923

-20,2%

Japonica
11.744
10.501
Indica
2.565
7.422
*paddy rice: no licence required. Source: COMEXT (Sept)
** Rice for sowing not included into 'Total (in milled equivalent)'

11,8%
-65,4%

in tonnes
Paddy *
Rice for sowing**
Japonica
Indica

Milled / semi-milled
Japonica
Indica

Total (in milled eq.)

2014/15

Evolution of imports
(milled basis)
1.600.000

1.400.000
1.200.000
broken

800.000

milled/semi-milled

600.000

husked nonbasmati
husked basmati

400.000
200.000

EU-27
* Actual imports based upon COMEXT

2013/14

2012/13

2011/12

2010/11

2009/10

2008/09

2007/08

2006/07

in tonnes

1.000.000

EU28

India

Cambodia
Thailand
Pakistan
Myanmar

Rice imports per origin

(2013/14, milled basis, all types)

6,4%
2,6%
2,8%
3,3%

18,9%

4,5%

Guyana
Egypt
Uruguay

4,9%
10,2%

18,6%

Vietnam
United States
other

11,8%

15,9%

EBA rice exports to the EU

(in t, milled basis, broken rice included)
450.000
400.000
350.000
300.000
250.000
200.000
150.000
100.000
50.000
Cambodia

2005-06 2006-07 2007-08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14

5.915

2.809

1.987

6.012

28.617

98.986

Myanmar
Bangladesh

108.784

195.617

255.654

35.938

16.420

140.919

3.167

3.268

4.489

4.113

2.722

655

178

1.464

2.256

Laos

85

145

229

95

158

1.652

2.083

2.437

3.507

other

376

4.414

4.898

4.268

2.940

2.362

2.321

3.971

5.996

9.542

7.223

6.885

10.280

31.557

101.348

147.044

216.008

402.569

Grand Total

* Actual imports based upon COMEXT

EBA rice exports to the EU

in tonnes

(milled basis)
450.000
400.000
350.000
300.000
250.000
200.000
150.000
100.000
50.000
-

2008/09

2009/10

2010/11

2011/12

2012/13

2013/14

paddy

12

33

96

husked

2.030

595

433

36

453

1.067

759

273

149

520

481

1.244

milled

6.926

30.607

92.848

100.242

189.024

273.906

broken

564

70

7.886

46.245

25.975

124.320

10.280

31.557

101.348

147.044

215.936

400.633

semi-milled

Grand Total

Actual imports based upon COMEXT

ACP rice exports to the EU

i n tonnes

(milled basisall types)

160.000
140.000
120.000
100.000
80.000
60.000
40.000
20.000
-

2004

2005

2006

2007

2008

2011

2012

2013

2014

Guyana

95.069

74.661

64.299

99.010

89.913 110.800 115.755 58.987

38.768

54.424

65.445

Suriname

13.478

19.759

10.664

11.358

14.597

20.665

26.297

12.010

12.252

10.411

20.844

Other

1.019

267

410

1.041

20.332

184

67

2.593

941

285

97

51.961

65.121

86.386

Grand Total 109.566 94.686

Actual import based upon COMEXT

2009

2010

75.373 111.409 124.841 131.648 142.119 73.590

ACP rice exports to the EU

in tonnes

(milled basis, all types)

160.000
140.000
120.000
100.000
80.000
60.000
40.000
20.000
-

paddy
husked

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014
est

22

237

166

33

72

87.882 88.256 68.773 86.849 99.042 90.764 84.618 37.637 17.796 27.499 43.737

milled/semi-milled 3.877 2.002 2.046 3.371 5.652 2.788 10.497 4.428 3.258 2.809 2.177
broken

17.806 4.428 4.555 21.190 20.125 37.859 46.839 31.491 30.907 34.743 40.447

Grand Total

109.56 94.686 75.373 111.40 124.84 131.64 142.11 73.590 51.961 65.121 86.386

Basmati rice imports

in tonnes

(in husked, only varieties eligible for zero duty)

450 000
400 000
350 000
300 000
250 000
200 000
150 000
100 000
50 000
0

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013/14

India

294 175

173 290

235 648

184 515

292 045

339 259

254 526

Pakistan

98 336

52 384

109 982

160 634

70 303

76 094

172 239

Total

392 510

225 674

345 630

345 149

362 347

415 353

426 765

* Actual imports based upon Surveillance2

Imports in retail-ready packets

2011/12
2012/13
2013/14
(12 months) (12 months) (12 months)
Thailand
79.551
82.833
82.453
Cambodia
30.806
45.876
55.737
India
22.163
32.532
32.985
Pakistan
13.729
11.274
16.011
United States
8.059
8.738
10.790
Laos
1.136
1.663
3.350
Vietnam
1.748
2.599
3.664
Bangladesh
14
847
1.894
Others
3.030
3.034
3.157
Total (in tonnes)
160.237
189.397
210.041

2013/14 vs
2012/13
99,5%
121,5%
101,4%
142,0%
123,5%
201,5%
141,0%
223,6%
104,0%
110,9%

Thank you for

your attention!
Market presentation available:
http://ec.europa.eu/agriculture/cereals/presentations/index_en.htm