Earlier Report Observations
The market volume for semi-milled or wholly milled rice in Suriname contracted significantly from 106.9 thousand tons in 2018 to 76.6 thousand tons in 2023.
This decline was driven by a sharp drop in 2019, when volume fell to 76.7 thousand tons. After slight fluctuations, the market stabilized at 81.6 thousand tons in 2021 and 2022 before decreasing again to 76.6 thousand tons in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Suriname
- 5.1.1. Annual dynamics of production in Suriname in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Suriname in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Suriname
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Suriname in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Suriname by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Suriname in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Suriname by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Suriname in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Suriname by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Suriname in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Suriname by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Suriname in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Suriname by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Suriname in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Suriname by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Suriname, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Suriname by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Suriname in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Suriname by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Suriname in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Suriname by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Suriname, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Suriname by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production semi-milled or wholly milled rice in Suriname
In kind, 2017-2020, K t
Top producers of semi-milled or wholly milled rice, 2017-2020
World map of production of semi-milled or wholly milled rice, 2017-2020
In 2019, Suriname produced 98.0 thousand tonnes of semi-milled or wholly milled rice, which was the lowest level during the period. Production then increased by 7.1% in 2020 to reach 105.0 thousand tonnes. Looking at the broader trend from 2017 to 2020, overall production declined by 10.4%, averaging a 3.6% annual decrease. The highest production was recorded in 2018 at 126.0 thousand tonnes, marking a 7.5% increase from the previous year. The most significant drop occurred in 2019, when production fell by 22.2%.
Annual dynamics of production in Suriname in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.5% | (22.2%) | 7.1% | (3.6%) |
Exports semi-milled or wholly milled rice from Suriname
Exports in kind, t
Semi-milled or wholly milled rice exports from Suriname grew for the second year in a row in 2020, reaching 29 859 tonnes. This represented a sharp increase of 40.3% compared to 2019. However, over the four-year period from 2017 to 2020, exports overall decreased by 5.8%, with an average annual decline of 2.0%. The lowest export volume was recorded in 2018 at 19 071 tonnes, which also saw the largest decline of 39.8%.
Annual dynamics of product's exports from Suriname in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (39.8%) | 11.6% | 40.3% | (2.0%) |
From 2017 to 2020, Jamaica and Venezuela consistently accounted for 81.4% of Suriname's total exports of semi-milled or wholly milled rice by volume. This high concentration indicates that the export market is dominated by these two countries, with many smaller markets making up the remainder.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Suriname in kind, 2017-2020
Exports in value, K $ US
The export market for semi-milled or wholly milled rice from Suriname experienced notable fluctuations between 2017 and 2020. In 2018, exports hit their lowest point at 8 172 thousand US dollars, reflecting a 38.2% decline. By 2020, exports surged to 17 635 thousand US dollars, an 83.7% increase from 2019. This created a 2.2-fold gap between the peak in 2020 and the trough in 2018.
Annual dynamics of product's exports from Suriname in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (38.2%) | 17.5% | 83.7% | 10.1% |
From 2017 to 2020, the main buyers of semi-milled or wholly milled rice from Suriname in value terms were Jamaica, accounting for 66.7% of exports, Venezuela with 12.5%, and France at 7.2%. Together, these three markets comprised 86.4% of total export value, highlighting a concentrated market structure.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Suriname in value, 2017-2020
Imports semi-milled or wholly milled rice to Suriname
Imports in kind, t
Imports of semi-milled or wholly milled rice into Suriname showed significant volatility from 2017 to 2020. In 2018, imports dropped to their lowest level at 10 tonnes, a decline of 95.2%. By 2020, imports rebounded sharply to 214 tonnes, a 1 179.0% increase year-over-year. This resulted in a 21-fold difference between the peak in 2020 and the trough in 2018.
Annual dynamics of product's imports to Suriname in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (95.2%) | 63.0% | 1 179.0% | 0.2% |
Between 2017 and 2020, imports of semi-milled or wholly milled rice into Suriname were heavily concentrated, with Guyana and the Netherlands together accounting for 88.6% of total import volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Suriname in kind, 2017-2020
Imports in value, K $ US
The import market for semi-milled or wholly milled rice in Suriname saw noticeable fluctuations from 2017 to 2020. In 2018, imports reached their minimum at 12 thousand US dollars, a drop of 90.1%. By 2020, imports rose to 130 thousand US dollars, a 543.5% increase compared to the previous year. This created an 11.1-fold amplitude between the peak in 2020 and the trough in 2018.
Annual dynamics of product's imports to Suriname in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (90.1%) | 72.9% | 543.5% | 3.3% |
Throughout 2017 to 2020, Guyana was the leading source of imports in value terms for semi-milled or wholly milled rice into Suriname, holding a 73.8% share of total flows. Other markets combined accounted for the remaining portion.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Suriname in value, 2017-2020
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