Market research

Milled rice and broken rice market in Caribbean

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The market volume for milled rice and broken rice in the Caribbean region showed significant fluctuations between 2018 and 2023. After a minor rise to 2.14 million tons in 2019, the overall volume trended downward, ending at 1.76 million tons in 2023.

A sharp decline of over 200 thousand tons marked the market in 2020. This was followed by a partial recovery in 2021, but subsequent years saw further contractions, with the total reduction from the 2019 peak amounting to approximately 380 thousand tons by the end of the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production milled rice and broken rice in Caribbean

In kind, 2017-2020, K t

Top producers of milled rice and broken rice, 2017-2020

Source: SHEV.io

World map of production of milled rice and broken rice, 2017-2020

Source: SHEV.io

Caribbean's production of milled rice and broken rice has declined for the second year in a row. In 2020, the region produced 766 thousand tons, marking a significant drop of 23.5% compared to 2019. Looking at the period from 2017 to 2020, production fell by 21.8%, which translates to an average annual decrease of 7.9%. The highest production level was recorded in 2018 at 1,090 thousand tons, with the largest year-on-year increase of 11.2% also occurring that year.

Annual dynamics of production in Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.2%	(8.0%)	(23.5%)	(7.9%)

Source: SHEV.io

Exports milled rice and broken rice from Caribbean

Exports in kind, K t

The market showed considerable volatility during these years. Exports reached their lowest point in 2020 at 1 thousand ton, down 12.0% from the previous year. In contrast, the peak was in 2018 with 54 thousand tons, resulting in a dramatic 53-fold difference between the high and low points. The largest decline occurred in 2019 at 97.9%, while the biggest increase was in 2018 at 91.6%.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	91.6%	(97.9%)	(12.0%)	(67.0%)

Source: SHEV.io

From 2017 to 2020, Venezuela and Zimbabwe were the primary buyers of milled rice and broken rice from the Caribbean, together accounting for 1.8% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The market displayed an unstable trend over this period. Exports hit their lowest in 2020 at 2.8 million US dollars, showing a sharp decrease of 80.6% compared to 2019. The peak was in 2018 with 24.9 million US dollars, creating an 8.8-fold gap between these years. The largest increase was recorded in 2018 at 78.1%.

Annual dynamics of product's exports from Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	78.1%	(41.5%)	(80.6%)	(41.3%)

Source: SHEV.io

Between 2017 and 2020, three key markets—Venezuela, the United States, and Zimbabwe—collectively represented 3.5% of the total export value for milled rice and broken rice from the Caribbean.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in value, 2017-2020

Source: SHEV.io

Imports milled rice and broken rice to Caribbean

Imports in kind, K t

Caribbean's imports of milled rice and broken rice have increased for the second consecutive year. In 2020, imports stood at 1,144 thousand tons, remaining largely stable compared to 2019. Over the 2017-2020 period, imports decreased by 4.4%, averaging an annual decline of 1.5%. The lowest import volume was in 2018 at 1,084 thousand tons, with the largest drop of 9.5% that year. The biggest increase occurred in 2019 at 5.3%.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.5%)	5.3%	0.3%	(1.5%)

Source: SHEV.io

From 2017 to 2020, the United States (44.0% of import volume), Vietnam (30.6%), and Guyana (6.3%) were the top contributors to imports in kind, together making up 80.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

In 2020, the value of milled rice and broken rice imports into the Caribbean amounted to 616.0 million US dollars, reflecting a strong increase of 11.8% over the previous year. Over the 2017-2020 period, imports grew by 8.7%, with a compound annual growth rate of 2.8%. The lowest value was recorded in 2019 at 551.1 million US dollars, which also saw the largest decline of 6.9%.

Annual dynamics of product's imports to Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.5%	(6.9%)	11.8%	2.8%

Source: SHEV.io

During 2017-2020, the United States (44.3% of import value), Vietnam (28.7%), and Guyana (6.1%) were the main sources for imports in value terms, collectively accounting for 79.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in value, 2017-2020

Source: SHEV.io