Milled rice and broken rice market in Southern Europe

Earlier Report Observations

The market for milled and broken rice in Southern Europe expanded from 1.3 million tons in 2018 to 2.1 million tons in 2022. This growth was driven by a steady increase in domestic production, which rose from 1.98 million tons to 2.61 million tons over the same period, alongside rising imports.

In 2023, the market volume contracted sharply to 897 thousand tons, primarily due to a drop in production to 1.25 million tons. While imports remained elevated, exports also decreased, contributing to the smaller market size.

By 2024, industry dynamics began to shift with the merger of Olam and Louis Dreyfus Company, creating a global platform that may affect supply chains and costs in European markets. Additionally, the growth of e-commerce in rice sales and increasing traceability demands from European buyers are altering distribution channels and market structure in Southern Europe.

Production milled rice and broken rice in Southern Europe

In kind, 2017-2020, K t

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

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

Southern Europe's production of milled rice and broken rice has grown for the second year in a row. In 2020, the region produced 2 291 K t, marking a 12.5% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 9.4%, which translates to an average annual growth rate of 3.0%. The lowest production level was recorded in 2018 at 1 977 K t, with the largest decline that year reaching 5.6%.

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

In value, 2017-2020, M $ US

Southern Europe's production value of milled rice and broken rice has increased for the third consecutive year. In 2020, the output was valued at 2 024 M $ US, representing a significant gain of 16.9% over the prior year. From 2017 to 2020, production value grew by 29.2%, with a compound annual growth rate of 8.9%.

Annual dynamics of production in Southern Europe in value, 2017-2020, M $ US

Exports milled rice and broken rice from Southern Europe

Exports in kind, K t

After two years of decline, Southern Europe's cross-border shipments of milled rice and broken rice have rebounded. In 2020, the region exported 1 001.3 K t, showing a modest increase of 7.7% compared to the previous year. The lowest export volume was recorded in 2019 at 929.7 K t, while the largest decline occurred in 2018 at 3.6%.

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

From 2017 to 2020, Southern Europe's exports of milled rice and broken rice in kind were relatively evenly distributed. France accounted for 17.5% of exports, the United Kingdom for 13.2%, and Germany for 13.0%, with these three countries together making up only 43.8% of total flows.

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

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

Exports in value, M $ US

Southern Europe's exports of milled rice and broken rice in value terms have risen for the third year in a row. In 2020, export volume reached 884.6 M $ US, an 11.9% increase over the previous year. Between 2017 and 2020, exports grew by 19.7%, equivalent to an annualized rate of 6.2%.

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

During 2017–2020, France, Germany, and the United Kingdom were the largest buyers of milled rice and broken rice from Southern Europe in value terms, with shares of 19.1%, 14.8%, and 11.6%, respectively. However, their combined contribution was limited to 45.5% of total exports, indicating a diversified country structure.

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

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

Imports milled rice and broken rice to Southern Europe

Imports in kind, K t

Southern Europe's imports of milled rice and broken rice in kind have increased for the third consecutive year. In 2020, import volume amounted to 309.1 K t, a 6.3% rise compared to the previous year. From 2017 to 2020, imports grew by 23.4%, with an annualized rate of 7.3%.

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

The structure of imports in kind from 2017 to 2020 shows a diversified set of partners. Myanmar accounted for 16.7% of imports, Thailand for 14.9%, and Cambodia for 10.1%, with these three countries together representing only 41.8% of total flows. The remaining 58.2% was spread across numerous smaller markets.

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

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

Imports in value, M $ US

In 2020, Southern Europe's imports of milled rice and broken rice in value terms amounted to 258.1 M $ US, reflecting a solid increase of 11.2% over the previous year. Between 2017 and 2020, imports rose by 29.5%, equivalent to an annualized rate of 9.0%. The largest decline was recorded in 2019 at 4.1%, while the largest increase occurred in 2018 at 21.4%.

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

Over the period 2017–2020, imports in value terms of milled rice and broken rice to Southern Europe were widely dispersed across partner countries. Thailand accounted for 15.1% of imports, Pakistan for 11.0%, and Cambodia for 9.2%, with these three together making up only 35.3% of total flows.

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

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