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Canada - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBroken Rice Price in Canada - 2023
Contents:
- Broken Rice Price in Canada (CIF) - 2022
- Broken Rice Price in Canada (FOB) - 2022
- Broken Rice Imports in Canada
- Broken Rice Exports in Canada
Broken Rice Price in Canada (CIF) - 2022
In 2022, the average broken rice import price amounted to $568 per ton, growing by 5.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2019 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($625 per ton), while the price for the United States ($552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced a decline.
Broken Rice Price in Canada (FOB) - 2022
The average broken rice export price stood at $561 per ton in 2022, reducing by -9.2% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 67% against the previous year. As a result, the export price reached the peak level of $680 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($677 per ton), while the average price for exports to Anguilla ($248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in Canada
In 2022, broken rice imports into Canada reached 34K tons, surging by 4.4% on 2021 figures. In general, imports, however, recorded a slight setback.
In value terms, broken rice imports rose notably to $19M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
Import of Broken Rice in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.7 | 13.2 | 15.6 | 16.7 | 9.6% |
Vietnam | 0.3 | 0.2 | 0.3 | 1.0 | 49.4% |
Thailand | 0.6 | 0.5 | 0.4 | 0.4 | -12.6% |
Myanmar | 1.0 | 0.1 | N/A | N/A | -90.0% |
Others | 0.7 | 0.9 | 1.0 | 1.0 | 12.6% |
Total | 15.3 | 15.1 | 17.3 | 19.1 | 7.7% |
Top Suppliers of Broken Rice to Canada in 2022:
- United States (30.3K tons)
- Vietnam (1.6K tons)
- Thailand (0.7K tons)
Broken Rice Exports in Canada
In 2022, shipments abroad of broken rice decreased by -75.7% to 201 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. As a result, the exports attained the peak of 827 tons, and then contracted notably in the following year.
In value terms, broken rice exports declined sharply to $113K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 226%. As a result, the exports reached the peak of $511K, and then fell markedly in the following year.
Export of Broken Rice in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.0 | 148 | 491 | 99.1 | 47.3% |
El Salvador | 0.2 | 0.5 | 2.6 | 5.0 | 192.4% |
Anguilla | 1.8 | 1.1 | 0.4 | 1.9 | 1.8% |
France | 0.7 | 1.1 | 0.7 | 1.2 | 19.7% |
Dominica | 1.0 | 0.8 | 1.6 | 1.2 | 6.3% |
Jamaica | N/A | 0.2 | 1.8 | 0.9 | 112.1% |
Honduras | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
Cayman Islands | 10.4 | N/A | 5.5 | N/A | -27.3% |
Others | 6.6 | 4.7 | 7.3 | 2.6 | -26.7% |
Total | 51.9 | 157 | 511 | 113 | 29.6% |
Top Export Markets for Broken Rice from Canada in 2022:
- United States (146.4 tons)
- El Salvador (20.2 tons)
- Anguilla (7.5 tons)
- Dominica (4.7 tons)
- France (4.6 tons)
- Jamaica (3.8 tons)
- Honduras (3.5 tons)
This report provides an in-depth analysis of the broken rice market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10611250 - Broken rice (including enriched rice, parboiled rice)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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