The global rice market demand has maintained steady growth overall. Global population growth, food industry expansion and consumer demand for high-quality rice have greatly driven the growth of the global rice market. According to the analyst, the Asia-Pacific region is the world's largest rice consumption market. China, India, Indonesia and Bangladesh are the world's major rice consumers. As the population in the Asia-Pacific region continues to grow, the market demand in the region is expected to continue to grow.
India is the world's second rice producer. According to a report released by the U.S. Department of Agriculture (USDA) in February 2025, India's rice production is expected to reach 145 million tons in 2024-2025, an increase of about 7.2 million tons from the previous year. India's climate and geographical conditions are very suitable for rice cultivation.
India is not only one of the world's major rice producers, but also one of the most important exporters. In 2022, India's total rice exports were about 22 million tons, accounting for more than 40% of global rice exports. In 2023, despite the impact of export restrictions, India still exported 17.73 million tons of rice.
According to the analyst, Indian rice is very competitive in the global market, and its export destinations cover Asia, Africa, the Middle East and Europe. The main types of Indian rice exports include Basmati rice, non-Basmati white rice and parboiled rice. Among them, Basmati rice and parboiled rice are favored by the international market due to their excellent quality.
In 2024, India lifted the ban on rice exports except parboiled rice and basmati rice. According to the analyst, India's rice exports in 2024 exceeded US$13.1 billion. According to the analyst, the export market of Indian rice is mainly the Middle East and the Asia-Pacific region. Iran is the largest export destination of Indian rice. From 2021 to 2024, the main export destinations of Indian rice are Iran, Nepal, Saudi Arabia, Bangladesh and the United Arab Emirates. According to the analyst, the main companies importing rice from India are foreign trade companies. The main exporters of Indian rice include AMIRCHAND JAGDISH KUMAR (EXPORTS), GRM OVERSEAS LTD, SUPPLE TEK INDUSTRIES PRIVATE LIMITED and other companies.
With the expansion of rice planting area and policy support, India's rice production is expected to continue to grow. The publisher expects that India's rice exports are also expected to continue to grow in the next few years. The analyst recommends that global grain trading companies should conduct timely research on the Indian rice market to seize market opportunities.
Topics covered:
- The Import and Export of Rice in India (2021-2024)
- Total Export Volume and Percentage Change of Rice in India (2021-2024)
- Total Export Value and Percentage Change of Rice in India (2021-2024)
- Total Export Volume and Percentage Change of Rice in India (January- December 2024)
- Total Export Value and Percentage Change of Rice in India (January- December 2024)
- Average Export Price of Rice in India (2021-2024)
- Top 10 Export Destinations and Supply Volume of India’s Rice Export Market
- Top 10 Suppliers in the Export Market of Rice in India and Their Supply Volume
- Top 10 Buyers of Rice in India and Their Import Volumes
- How to Find International Distributors and International End Users of Rice Exports in India
- How Foreign Enterprises Enter the Rice Market of India
- Forecast for the Export of Rice in India (2025-2034)
Table of Contents
Companies Mentioned
- To 'Order'
- Tarun Agro Pvt Ltd
- Tabiat Sabz Pars Kohan Co Ltd
- Amirchand Jagdish Kumar (Exports)
- Grm Overseas Ltd
- Supple Tek Industries Private Limited
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 1.35 Billion |
| Forecasted Market Value ( USD | $ 1.85 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | India |
| No. of Companies Mentioned | 6 |
