Worldwide Latest Market Research Report on “Global Rice Trade Analysis - Growth and Trends 2019-2023”
The Global Rice Trade Analysis - Growth and Trends market with CAGR of XX% 2019-2023. The report begins from overview of Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Rice Trade Analysis - Growth and Trends by product, region, and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Competitor Analysis: by product types, market share, applications, sales, and revenue.
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Overview of Rice Trade Analysis - Growth and Trends Market:
The Middle East and Africa together account for nearly half of the total rice trade. The global rice consumption is dominated by countries in the Asia-Pacific region like China, India, Indonesia, Bangladesh, and Vietnam. Within rice varieties, Japonica rice accounts for the highest share of the global rice trade (around 12%), followed by Basmati rice (around 10%). World trade in glutinous rice has been increasing over the past 3 years. Rice import scenario is quite fragmented, with the top five importers accounting for only 30% of the global imports.
Favorable Trade Policies
Rice has a critical role in food security, hence it is politically sensitive and vulnerable to national government policy actions and private sector speculation almost all around the world. The international rice trade policies can be characterized by importing and exporting countries. While importing countries pursue market-stabilizing policies, exporting countries pursue policies to promote rice exports. Strategies like subsidies, credit guarantees and State controlled trading monopolies, bans or quotas on rice imports, etc. are among policy strategies implemented to isolate their domestic markets from external competition and to boost exports. The government sets minimum support prices and provides input subsidies at the farm level, coupled with policies on procurement, stocks, and distribution.
Thailand, Vietnam, India, Pakistan, and US dominates the market in Exports
The top five rice exporters, Thailand, Vietnam, India, Pakistan, and the US represent 85% of the overall trade in rice. In spite of current uncertainties with regard to the effect of Thailand’s plan and other rice approaches into the future, the country with its production resources and strong focus on quality and branding is expected to remain the best as worldwide rice exporter over the time frame. Slower rice trade development is normal for Vietnam and the US because of area limitations, and irrigation constraints on account of the US. Worldwide net rice exports are anticipated to develop by 9.3 million metric ton over the benchmark time frame.
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Reasons to Purchase this Report:
The Global demand for Rice Trade Analysis - Growth and Trends Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2019 and 2025 compared to a few years ago, signifying the rapid pace of change.
Global Rice Trade Analysis - Growth and Trends Market highlights the following key factors:
- A complete informative analysis of Rice Trade Analysis - Growth and Trends industry, which includes a valuation of the parental market.
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Rice Trade Analysis - Growth and Trends Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Rice Trade Analysis - Growth and Trends Market players in detail. Rice Trade Analysis - Growth and Trends Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
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The growth of this market worldwide is subjected to various factors; including consumer world-class Rice Trade Analysis - Growth and Trends Market of many Rice Trade Analysis - Growth and Trends Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
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Mr. Ajay More
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