Friday, July 13, 2018

Top Providers of Chinese Imported Rice

Top Providers of Chinese Imported Rice

Below are the 14 countries that supplied 100% of the rice imported into China during 2017:
1.    Vietnam: US$1.02 billion (55.9% of China’s total rice imports)
2.    Thailand: $544.1 million (29.8%)
3.    Cambodia: $101.1 million (5.5%)
4.    Pakistan: $93.6 million (5.1%)
5.    Laos: $32.8 million (1.8%)
6.    Myanmar (Burma): $31.8 million (1.7%)
7.    Japan: $1.1 million (0.06%)
8.    Russia: $962,000 (0.05%)
9.    Taiwan: $314,000 (0.02%)
10.  South Korea: $208,000 (0.01%)
11.  India: $10,000 (0.001%)
12.  United States: $9,000 (0.0005%)
13.  Canada: $2,000 (0.0001%)
14.  Italy: $2,000 (0.0001%)
Two of China’s leading rice suppliers, Vietnam and Thailand, account for 85.7% of overall Chinese imported rice for 2017.

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Saturday, June 30, 2018

Opportunities for milled rice - Europe

The import of rice shows an increase in milled rice.

According to European statistics in the first quarter of 2017, 71% of the milled rice is non-aromatic and 22% is aromatic but non-basmati. European imports of milled rice increased by almost 70% in the past five years.
The import duties for milled rice are usually higher than for husked rice, but several countries have been granted duty-free quota or completely duty-free access to the market. In addition, you have a small advantage as to its reduced weight and milled rice is less susceptible to fungus and mould. Milling, or removing the bran, can be an added value process performed in the country of origin. By offering an added value process, you increase the margin on your product. The relatively high import of husked rice is partly thanks to the duty-free import from Pakistan and India of husked basmati.

An estimated 62% of imported husked rice was basmati rice in the first quarter of 2017. Broken rice has a smaller but stable import share and is often used for starch or feed. Exporting rice in the husk is not very common due to logistical costs; the husks are usually removed immediately after harvesting. Nevertheless, the import of rice in the husk has increased in recent years. Your buyer’s decision of which type of processed rice to purchase is often based on profit and cost-efficiency

source of this Information