Riceplus Magazien is a quarterly magazine that publishes research articles including industry realted for the rice sector.It shares global and regional articles on rice.Riceplus Magazine also publishes two digital magazines on daily basis namely Daily Global Rice E-Newsletter & Exclusive ORYZA Rice E-Newsletter for entire global agriculture community.For more information visit on www.ricepluss.com
The global basmati rice
market stood at $10.5 billion in 2017 and is growing at a CAGR of 11 percent.
By 2022, the market is anticipated to be worth $18 billion. Since it has
originated in the subcontinent, Pakistan and India are the main growers of basmati
rice but Pakistan’s exports last year were half a billion dollars compared to
India’s nearly $4 billion. Why?
One reason is Iran’s market for
Basmati rice which is amongst the biggest in the world. The pseudo barter
system that India set up with Iran allowed the former to buy oil on easy credit
terms and pay in part through rice. This gave India access to Iran’s $1 billion
rice market of which Pakistan’s share was $2 million in FY17.
Regardless of India’s blustering
to the contrary, Trump’s sanctions on Iran’s oil imports will greatly curtail
this market. One could hope that the recently created Pak-Iran trade committee
will identify the opportunity and find a way to circumvent banking challenges
but we all know that is not going to happen.
Even if Pakistan “reserves the
right to pursue legitimate economic and commercial interests” with Iran,
pre-Trump bilateral trade was languishing at $18 million in FY18. Despite the
bold words, Pakistan will not risk losing US as its biggest export market nor
provoke further American ire which is why trade has dwindled to nearly zero in
recent months.
On the flip side, if India cannot
export basmati rice to Iran, it will have a surplus on hand which will put
downward pressure on basmati rice. If anything, Pakistan’s exports globally may
face more competition on price from India once Trump’s sanctions are
implemented.
The other big consumers of
basmati rice are the GCC countries, mainly Saudi Arabia and UAE. While the oil
producing bloc is the biggest consumer of Pakistan’s basmati rice, the
country’s total exports are about a quarter of the 2 million ton demand of GCC
countries. This has allowed India to capture the lion’s share, especially since
there are several allegations of Pakistani rice being branded as Indian and
being sold at higher prices via Dubai.
Pakistan does have a significant
share in the EU. However, this has more to do with EU’s restrictions on the
level of fungicide present in Indian basmati rice which will take a few crop
cycles to weed out than on Pakistan’s ability to compete successfully
internationally.
While a big market for basmati
rice exists globally and Pakistan is one of the two exporters, its share is
limited. Lack of ability to penetrate markets is one end of the equation. Given
that India’s land under rice cultivation is 16 times that of Pakistan, and that
Indian brands are household names while Pakistan’s branding of rice remains an
issue, it is no wonder that India’s exports are eight times more than
Pakistan’s.
Pakistan needs to go for high value-added
export basket
October 22, 2018
Capital inflows in form of export receipts are less than
outflows in shape of import payments. PHOTO: REUTERS
ISLAMABAD: Pakistan’s terms of trade, which measure the
ratio of export to import prices, have not only been adverse, but have also
deteriorated over the years, which has adversely impacted the economy in terms
of growth and balance of payments.
If an economy’s
terms of trade are less than 100%, they are regarded as adverse. This signifies
that capital inflows into the economy in the form of export receipts are less
than capital outflows in the form of import payments.
In the case
of Pakistan, like most other non-oil exporting developing countries, both trade
balance and terms of trade have remained adverse, which shows that not only we
import more than we export, but on balance our exports are much cheaper than
imports.
This is
hardly surprising, because Pakistan is essentially an exporter of primary
products, such as rice, and low-technology goods, which are derived from
products such as textile and leather articles. On the other hand, our imports
comprise largely fuels, such as crude oil, consumer products, and capital goods
and machinery.
Prices of
non-oil primary products are generally much lower and prices of low-technology
goods are less than those of machinery and equipment (the high and
medium-technology products).
Pakistan’s
terms of trade problem is compounded by the fact that commodity-based products
that it exports are also low-priced because they have low value addition and
technology content, lack product upgrade and sophistication, are
labour-intensive (unskilled) and are sold to the low end of the market.
In the case
of developing countries, which depend on non-oil primary products for export
earnings, the terms of trade tend to deteriorate over time. In the last one
decade from fiscal year 2008 to 2017 – full-year data for FY18 is not yet
available, Pakistan recorded the overall annual average terms of trade of
55.82%. However, in the preceding decade (FY1998-2007), the average terms of
trade were 88.26%, according to the Pakistan Bureau of Statistics (PBS).
The data
shows a sharp deterioration in the terms of trade over the years. In FY17,
Pakistan’s terms of trade stood at 57.17%, which suggests that Pakistan’s
average export prices are nearly half the import prices. When a country faces a
gap so large between its export and import prices, the only way it can avoid a
substantial trade deficit is to drastically increase the quantity of exports.
However, this
requires a large exportable surplus, which Pakistan does not have. Besides, an
increase in export supplies tends to depress their prices. Hence, it has not
been possible for Pakistan to compensate for low export prices by increasing
export supplies.
On a
disaggregate level, it is only in the primary sectors, such as food and fuels,
that Pakistan’s terms of trade have been mostly more than 100% each. In the
value-added sector, notably manufactures, and machinery and transport
equipment, the terms of trade have been mostly adverse.
The fact that
Pakistan has had favourable terms in case of primary products and adverse terms
in case of value-added products seems to be a paradox. It only shows that
primary products Pakistan exports on average carry a higher price than primary
products it imports.
Conversely,
chemicals, manufactured goods and capital and transport equipment that Pakistan
imports on average carry a much higher price than that for the products of the
same categories it exports.
Better trade
terms
Favourable or
improved terms of trade enable a country to buy a larger quantity of goods in
exchange for a smaller quantity of exports. Since exports raise prices in the
domestic market due to reduced supply of goods, they reduce consumer welfare
and enhance producer welfare.
On the other
hand, imports increase consumer welfare and reduce producer welfare. A
country’s overall welfare is a function of both consumer and producer welfare.
The
favourable terms of trade, which allow a country to earn high export revenues
by selling a smaller quantity of products to foreigners, thus increase overall
welfare in an economy. The exchange of relatively small quantities of exports
for relatively large quantities of imports also allows a country to raise the
living standards of the people.
The terms of
trade also bear upon economic growth and development. Being a developing
country, Pakistan needs to import machinery, equipment and intermediate goods
in sufficient quantities to maintain the growth momentum. Oil and other
petroleum products are necessary to keep the wheels of the economy moving.
Since exports
are the principal source of earning foreign exchange, adverse terms of trade
have constrained the ability to import industrial goods and raw material in
sufficient quantities, which have slowed down the growth momentum.
A high trade
deficit, which is underpinned by both high import prices relative to export
prices and import quantities, is politically disturbing for the government,
which is forced to adopt measures such as regulatory duties and restricting
imports including those which are needed by the domestic industry. At any rate,
the increase in import prices hits the consumer hard.
Besides,
export revenue is an important source of savings. When businesses earn low
revenue per unit of exports, they are deficient in the funds required for
capital formation, which discourages private-sector investment. Adverse terms
of trade may also cause balance of payments problems.
Countries,
which rely on primary products for exports or otherwise have a high export
concentration ratio, are especially vulnerable to terms of trade-induced
balance of payments shocks.
In the case
of Pakistan, a fall in world commodity prices often worsens the terms of trade
and exacerbates the trade imbalance, thus leading to balance of payments
problems. In order to improve the terms, the country needs to move towards a
high value-added and rich technology content export basket.
The writer is
an Islamabad-based columnist
Published in The Express Tribune, October 22nd,
2018.
Pak food products showcased at world’s biggest fair in Paris
PARIS: A purpose-build Pakistan Pavilion at the Global
International Food Products Exhibition (SIAL) held in Paris from October 21-25,
2018 attracted many buyers from around the world, says a press release received
from Paris here today.
Over forty-five renowned Pakistani companies exhibited a variety
of food products including rice, pickles, dry fruits, beverages, spices and
processed food.
Buyers from many countries including France who visited the
Pakistan stalls showed keen interest in Pakistani products.
Pakistan’s Ambassador Paris Moin ul Haque visited the Pakistani
Pavilion and appreciated the active participation of the Pakistani companies in
the exhibition.
In his interaction with the exhibitors, he emphasized the
importance of quality control, competitive pricing, innovative marketing
strategies and strong business ethics to compete at the international level.
The ambassador noted with satisfaction that as result of the
combined efforts of the Embassy and TDAP which included promotional activities
and participation in the food related fairs and exhibitions, was bringing
promising results.
The exports of Pakistani food to France has registered
unprecedented increase of 18.8% in the year 2017-18 compare to the year
2016-17.
The exports of Pakistani Basmati rice reached to Rs.678 million in
2017-18 compared to Rs.192 million of 2016-17 and Husked Brown Rice exports
reached to Rs.1 billion in 2017-18 compared to Rs.726 million in 2016-17.
Over 7,020 companies from 109 countries are showcasing their
products in the Global International Food Products Exhibition (SIAL).
The potential of China's import
market for Pakistan
By Daniel Hyatt
China.org.cn, October 22, 2018
File photo shows the National Exhibition and Convention
Center, the venue of the 2018 China International Import Expo (CIIE), in
Shanghai, east China. [Photo/Xinhua]
The grand event manifesting China's commitment to trade
liberalization and economic globalization is right around the corner. Starting
from Nov. 5, the China International Import Expo (CIIE) will open the country's
market further to the world as many exporters, including those from Pakistan,
plan to take advantage of this unique opportunity.
A look at China's market reveals
that it is the world's biggest destination for agricultural products including
grains, cotton, sugar, meat, and milk – and Pakistan produces almost all of
these in abundance. Connecting the agro potential of Pakistan with China's
opening up measures like CIIE will help in exploring new trade avenues.
One-third of Pakistan's total
agricultural export is rice. Just a few years back, China was the second largest
buyer of Pakistan's non-basmati type rice but the continuously evolving
arrangements have changed the scenario. Nonetheless, traders and governments
from both countries have recently shown a willingness to resume their
high-volume trade. After a positive response from the Chinese side to
Pakistan's request for preferential treatment during Free Trade Agreement (FTA)
discussions, it is expected that the commodity's export to China will increase.
Pakistan is the world's fourth
largest producer of cotton and has Asia's third largest spinning capacity.
Several factors, including higher competitiveness of products and the U.S.
dollar's surge against the local currency, boosted its textile exports to
around 9 percent in the last financial year.
Fruits also form a strong part of
Pakistan's export base. Most prominent among these is a citrus variant known as
kinnow which hit record high export figures of 370,000 tons in the 2017-18
season. Experts believe that Pakistan has an immediate capacity of exporting 50
to 80 thousand tons of kinnow to China in the next three years.
Mangoes, revered as the king of
fruits in Pakistan, are another of its major exports. Shipping starts in the
month of May but is mostly headed to Europe. This year's increased queries from
Chinese buyers, however, will lead to an expanded share in China.
China has been investing
extensively in its partner countries' agricultural sectors, primarily for two
reasons. First, augmented farm produce will help resolve their local food
security issues, and second, they will be able to export the surplus to China.
One such partnership among
agriculturalists of Pakistan and China has been in the production of hybrid
wheat. Around 150 Chinese experts from Sinochem Group Agriculture Division,
China's biggest agricultural inputs company, have recently visited 20 cities in
Pakistan and taught modern methods to local farmers. China's hybrid wheat,
using the two-line hybrid technique, has been successfully harvested on a large
scale in Pakistan; and data from a subsequent study by Pakistan's Guard
Agricultural Research depicts that production in central regions rose by 45
percent.
Pakistan and China have also been
working together on farming hybrid rice. Chinese scientists made a month-long
visit to Pakistan last year after Pakistan requested help in introducing hybrid
rice in all of its four ecological zones. A training program was carried out
for Pakistani researchers, scientists and farmers in the production of hybrid
rice, with the Pakistan Agricultural Research Council (PARC) anticipating a
high yielding harvest.
Another ambitious project launched
by China is the "Agricultural Education, Science and Technology Innovation
League." In a ceremony held in Beijing this year, the University of
Sargodha became the first public sector university from Pakistan to join the
initiative. In addition to advancing cooperation on technical application,
policy dialogue and talent cultivation, the league will promote agricultural
research among participating countries.
The China-Pakistan Economic
Corridor (CPEC), the flagship project of the BRI, will play an important role
in stepping up agricultural trade between the two countries. Although road
connectivity exists in the form of the Karakoram Highway, it is limited only to
the northern areas of Pakistan. With CPEC extending to the extreme southern
end, it will be possible to transport agricultural products to enhance
bilateral trade.
China is modernizing Pakistan's
railway network as well. Several projects have been started on the ML-1 line
and are progressing fast despite Pakistan's recent elections. After their
completion, the freight capacity will further improve the transportation of
agricultural produce from Karachi to Xinjiang Uygur Autonomous Region.
Xinjiang will benefit most from
these connectivity projects because it serves as the first stop for goods
arriving from Pakistan. Furthermore, the Chinese government's efforts to make
the province agriculturally self-sufficient will be augmented by the Pakistani
imports.
Cooperation in agricultural
research and trade forms a part of several joint ventures undertaken by China
and Pakistan to provide the best products for their people. It is an area which
has a tremendous capacity for expansion. If stakeholders from both countries
put more focus in this direction, profits can be assured for importers and
exporters alike.
Daniel Hyatt is a Pakistan-based freelance journalist and
commentator.
Opinion articles reflect the views of their authors only, not
necessarily those of China.org.cn.
Government fails to procure paddy
and open IKP centres
Farmers are resorting to distress sale of paddy produce even
though they had secured bumper harvest and the Union government increased the
minimum support price (MSP) for paddy from this kharif season. Reason? The
State government had failed to open Indira Kranthi Pathakam (IKP) procurement
centres, primary agricultural cooperative societies or DCMS centres in the
district, and hasn’t even started procuring paddy at agricultural market yards.
Heaps of paddy crop are drying up in the fields. Private millers
and traders are directly visiting villages with their vehicles and weighing
machines and procuring paddy from farmers paying them less than the MSP.
When the government increased MSP of paddy from Rs. 1,510 per
quintal for A grade variety to Rs. 1,770 and from Rs. 1,470 per quintal for
ordinary variety to Rs. 1,750, farmers were forced to resort to distress sale
from Rs. 1,400 to Rs. 1,500 a quintal.
Rythu Ikya Vedika district president Muduganti Venkat Reddy
alleged officials have colluded with private rice millers and were not opening
procurement centres.
However, officials said the centres would open in three to four
days in all
Oct 22, 2018, 12:44
AM; last updated: Oct 22, 2018, 12:44 AM (IST
Balwant Garg
Tribune News Service
Faridkot, October 21
Farmers are facing problem in selling their
paddy crop due to the high moisture content and the issue is also leading to
incidents of tension between them and commission agents, rice-millers and
officials of procurement agencies in the area.
Rice-millers and
commission agents in Kotkapura on Sunday accused a Congress leader of making
unreasonable comments.
The commission agents and rice-millers are
furious after the Congress leader alleged that farmers were being forced to
sell their high moisture paddy produce by offering deduction of 5 kg per
quintal.
Accusing Dhanjit
Virk, secretary of the Punjab Pradesh Congress Committee, of playing politics
in the hour of crisis, commission agents and rice-millers alleged that for his
narrow political gains, the Congress leader was inspecting the paddy brought in
mandis and inciting the farmers for agitation against them.
Though there is
no case in which a farmer was asked to sell his produce at reduced price or at
a deduction of 5 kg per quintal for the reason of paddy having moisture content
higher than the permissible limit of 17 per cent, after his visit to Kotkapura
mandi, the Congress leader alleged that there was fleecing of the farmers in
the name of high moisture content in paddy.
Threatening to
start an agitation against the alleged fleecing of farmers, the Congress leader
said there were many complaints of the farmers falling victim to the alleged
nexus between the commission agents and rice-millers.
The Punjab
Pradesh Congress Committee alleged that rice-millers were bargaining for larger
deductions citing high moisture content in the grain.
Refuting the
allegations, the commission agents and rice millers in Kotkapura alleged that
the Congress leader was making unsubstantiated and wild allegations for
political gains.
These
allegations are aimed at creating a rift between the farmers and commission
agents, said Sohan Singh Bargari, president, Kotkapura Commission Agents’
Association.
While Virk
alleged that the meter to evaluate moisture in the paddy were faulty and it was
showing the moisture content at higher side to exploit the farmers, Udham Singh
Aulakh, district president of the commission agents’ association said the
moisture measuring meters were at the command of employees of the Market
Committee and Procurement Agencies.
The farmers have
to dry their crop to bring down the moisture content, he said.
However the
Congress leader said on the pretext of high moisture content, the farmers were
forced to sell his produce at the “mercy and will” of the commission agents and
rice-millers. “I will raise the matter with the Chief Minister,” he said.
A delegation of the Indian National Lok Dal (INLD) Monday called on Chief Minister Manohar Lal Khattar and demanded compensation for farmers who suffered
damage to their crops due to recent rains and hailstorm in the state. The delegation was led by Leader of Opposition Abhay Singh Chautala.
This year, the farmers have faced double misfortune in the form of damaged
crops, particularly paddy, and the flooding of the fields has posed a threat to
the forthcoming rabi sowing season unless these are drained out in time, the
opposition delegation apprised Khattar. The INLD has also demanded that the Haryana government provide pumps at its own cost to drain
out the water-logged fields, Chautala told reporters here. He said the delegation also pointed out that "farmers
are short-changed in the grain markets in the name of moisture content of
paddy, suffer short weighing and ruse of discoloration of paddy due to
rains". "Using these tools, the government agencies, in
connivance with the rice-millers, impose heavy cuts on the farmers thereby forcing
them to sell their produce much below the minimum support price (MSP),
announced with so much fanfare by the BJP government," he said. "Even the producers of bajra have not been spared since
the procurement agencies deliberately keep away from the markets when the
farmers bring their produce so that they are forced to sell it at throw away
prices to the private buyers. "This practice has been going on for the past few years
and has been repeated again this year. In this manner, a systematic loot and
exploitation of the farmers has been going on, but the government has remained
indifferent to their fate," he alleged. The INLD also advocated the cause of sugarcane producers who
are suffering because of the alleged non-payment of dues even after the sugar
mills stopped purchase of sugarcane six months ago. In view of these serious challenges faced by the farmers, the
INLD has demanded that 'special girdawari' or revenue survey be held
immediately and compensation of at least Rs 25,000 per acre be paid to them. It also demanded pumps for draining out water from fields,
putting an end to the practice of exploitation of the farmers in the grain
markets, purchase of bajra at the MSP announced by the government and payment
of dues of sugarcane producers. "If the government fails to meet these genuine demands
then the INLD will be forced to launch an agitation, the consequences of which
will squarely lie with the government," Chautala said. The INLD also demanded that cases of stubble burning registered
against farmers be withdrawn and the party sought financial and technical
assistance and support for farmers.
(This story has not
been edited by Business Standard staff and is auto-generated from a syndicated
feed.)
Grain
pain: Japan's aging rice farmers face uncertain future
Farms all over Japan are
dying as farmers age
By Natsuko Fukue
KAZO, Saitama
A crop once deemed so important it served as a form of currency,
Japanese rice has fallen out of favor with younger, Westernised consumers, in a
shift that has left aging farmers struggling for survival.
Rice consumption has nearly halved over the past 50 years, and as
the older generation of farmers and consumers dies out, some fear the industry
will be unable to hold its own in a competitive global market.
Kazuo Ogura, a 66-year-old farmer, is one of the lucky ones. His
son Yuichi decided to follow him into the family business.
Ogura senior looks on proudly as his 38-year-old son uses a
specially designed machine to plant this year's harvest, splashing through
golden paddy fields that stretch as far as the eye can see.
Surviving in this tough environment is all about "producing
quality food at a reasonable price" and harnessing economies provided by
large-scale production, Ogura told AFP.
The future of his establishment in Kazo, Saitama Prefecture, some
50 kilometers north of Tokyo, looks assured as Yuichi follows in his muddy
footsteps but farms all over Japan are dying as farmers age -- the average age
of a rice farmer is now 67.
"I was the only one out of 220 students at my local school
who went into farming," Yuichi said. "There are not many people in
their 20s who go into farming."
Even existing farms have been forced to close when their machinery
breaks down because farmers cannot afford to replace the costly equipment.
"Machines get more expensive every year. To replace them
requires a certain level of profit but that's difficult when you are farming a
small plot," Yuichi said.
The Oguras have managed to stay competitive so far by joining
forces with two other families to farm around 100 hectares of rice fields --
nearly 100 times the size of the average plot.
They sell their rice -- which belongs to the leading Koshihikari
variety -- at 300 yen per kilogram.
Although rice consumption in Japan has been falling for more than
half a century, the crop's exalted status in Japanese culture -- where it even
serves a religious purpose in Shinto rituals -- has ensured its survival until
now.
Generous subsidies aimed at controlling supplies and prices have
made rice farming one of Japan's most protected industries, but Prime Minister
Shinzo Abe's government scrapped the policy this year, urging farmers to become
more competitive.
Japanese agriculture is "at a turning point", Ken Saito,
who was farm minister until a reshuffle this month, told reporters.
"Farmers have to think about producing food that sells. More
than ever, they have to be attuned to the market," he added.
And as Abe prepares for potential trade negotiations with U.S.
President Donald Trump, analysts say he may have to concede some ground on
agriculture -- which could include Japan's customary high tariffs on imported
rice -- in order to avoid getting whacked with U.S. duties on automobiles and
other key exports.
But even a surge in cheaper imported varieties of rice is unlikely
to shift the palates of Japanese consumers, who generally prefer their
home-grown, short-grain variety to foreign versions.
Fewer Japanese people are eating rice in general, with annual per
capita consumption dropping to 54.6 kilograms in 2015, less than half of its
1963 peak of 118.3 kilograms, according to the farm ministry.
Mitsuyoshi Ando, an agriculture expert at the University of Tokyo,
said there was "no bright future" for the industry.
"Rice farmers need to improve their competitiveness.
Large-scale production is also necessary," Ando told AFP.
But it is difficult to achieve economies of scale in mountainous
areas -- where 40 percent of farming takes place -- because of geographical
limitations preventing farmers from expanding their plots, he added.
And with subsidies set to wind down, "the number of farmers
who can survive will be limited as rice consumption will never increase
again."
High-quality rice
attracts gourmets to Icheon amid harvest season
2018/10/22 17:11
Article View Option
SNS Share
ICHEON, South Korea, Oct. 22 (Yonhap) -- The city of Icheon in
South Korea's Gyeonggi Province is worth a visit to many people fond of
high-quality rice amid the harvest season around this time of the year.
Icheon, 80 kilometers south of Seoul, has been famous for what
is called the best rice in the country.
The Icheon municipal government held an annual festival, themed
for the production of its rice and steamed rice, which lasted until Sunday.
People take part in the production of 600-meter-long
"garaetteok," a Korean rice cake stick, during the Icheon Rice
Culture Festival in Icheon, 80 kilometers south of Seoul, on Oct. 20, 2018.
(Yonhap)
This year's Icheon Rice Culture Festival provided visitors with
opportunities to not only savor the rice but also to experience the local
agricultural practices.
During the festival, they also took part in a variety of events
aimed at understanding what Korean traditional culture in an agricultural
society is like.
A volunteer dressed in traditional Korean dress poses for a
photo during the Icheon Rice Culture Festival in Icheon, 80 kilometers south of
Seoul, on Oct. 20, 2018. (Yonhap)
Historians say that rice farming in Korea dates back to the
Bronze Age and that an increase in yields of the grain following the Three
Kingdoms (57 B.C.-A.D. 668) helped it become a main staple for Koreans.
The city is endowed with natural surroundings appropriate for
the growth of rice, coupled with a good proportion of clay and sand mixes in
paddies that contribute to the rice absorbing nutrients.
Longer hours of sunlight in the fall than other regions and a
huge daily temperature range also help rice fully ripen.
Icheon rice was highly thought of in the 1392-1910 Joseon
Dynasty so that it used to be served to the dynasty's kings.
King Seongjong, the ninth monarch of the dynasty, has been known
to be a big lover of Icheon rice. Historical records say the king ate Icheon
rice with gusto on his way back to Seoul after visiting Yeongneung, the tomb of
King Sejong, the fourth king of the dynasty, in what is now Yeoju, the
neighboring town, and had it included in his everyday diet.
The rice that suited the king's palate was "Jachae
Rice," a rice variety grown around the Bokha Stream in the city.
This photo shows a dish of steamed rice on a hot pot, served
alongside a variety of Korean side dishes, at a restaurant in Icheon, 80
kilometers south of Seoul. (Yonhap)
In the city are 30 big-time restaurants that feature steamed
rice dining. A visit to one of them enables a visitor to enjoy steamed rice
served on a hot pot and about 20 kinds of side dishes, including Korean
"bulgogi" barbecue; "japchae," a dish of stir-fried glass
noodles and vegetables; and "jeon" pancakes.
HÀ NỘI —
The Việt Nam Northern Food Corporation (Vinafood 1) and Việt Nam Southern Food
Corporation (Vinafood 2) won a bid last week to sell 14,000 tonnes and 15,000
tonnes of rice, respectively, to the Philippines.
The information was released by Judy Carol
Dansal, head of the Philippines’ National Food
Authority (NFA).
Both companies offered prices of slightly under
US$428 per tonne.
Thai Capital Crops Co Ltd will
also export 18,000 tonnes of rice to the Philippines for $426.3 per tonne.
In the last week’s rice import tender, the NFA
accepted offers for only 47,000 tonnes from
three suppliers, well below a planned purchase of 250,000 tonnes,
Most of the offers from 13 international
suppliers exceeded the state-run NFA’s approved budget of $428.18 per tonne.
“We will reopen the tender for the volume that was not taken,” said Dansal.
The Philippines is on a rice buying spree this
year, after President Rodrigo Duterte lifted a
20-year restriction on rice imports as inflation accelerated. The NFA has been
approved to import 2.4 million tonnes, just below the record 2.45 million
tonnes bought in 2010 when rising global food prices stoked shortage
fears. — VNS
Prices of rice in the market continued to
decline in the first week of October, government data showed.
Based on the latest price monitoring report
of the Philippine Statistics Authority (PSA), both wholesale and retail prices
of rice have gone down for the fourth consecutive week and the trend is
expected to continue until the last week of the month.
On average, a kilo of regular-milled and
well-milled rice were sold at P42.64 and P45.45, respectively—down 1.2 percent
and 1.24 percent from a week ago. However, these were still higher by 19.84
percent and 15.84 percent compared with prices a year ago.
Retail prices of these rice variants in the
market also went down, although at a slower pace. Regular-milled and
well-milled rice were sold at P45.87 and P49 a kilo, respectively—down 0.50
percent and 0.73 percent from a year ago.
President of PHL Confederation of Grains
Association Inc. Jojie Co said in a phone interview that they expected prices
to go down even further as the week progressed, in part due to the beginning of
the harvest season.
Meanwhile, Agriculture Secretary Emmanuel
Piñol said he was banking on the government’s latest imposition of suggested
retail prices (SRPs) on rice variants to keep prices in check.
Rice prices in the market were seen as one
of the major drivers of the country’s inflation rate this year, which reached a
nine-year high of 6.7 percent in September.
Economic managers have been urging
lawmakers to prioritize the passage of the Rice Tariffication Bill, which will
finally liberalize rice imports in the country. This is expected to lower rice
prices in the market by as much as P6 a kilo.
Prices of rice in the market continued to
decline in the first week of October, government data showed.
Based on the latest price monitoring report
of the Philippine Statistics Authority (PSA), both wholesale and retail prices
of rice have gone down for the fourth consecutive week and the trend is
expected to continue until the last week of the month.
On average, a kilo of regular-milled and
well-milled rice were sold at P42.64 and P45.45, respectively—down 1.2 percent
and 1.24 percent from a week ago. However, these were still higher by 19.84
percent and 15.84 percent compared with prices a year ago.
Retail prices of these rice variants in the
market also went down, although at a slower pace. Regular-milled and
well-milled rice were sold at P45.87 and P49 a kilo, respectively—down 0.50
percent and 0.73 percent from a year ago.
President of PHL Confederation of Grains
Association Inc. Jojie Co said in a phone interview that they expected prices
to go down even further as the week progressed, in part due to the beginning of
the harvest season.
Meanwhile, Agriculture Secretary Emmanuel
Piñol said he was banking on the government’s latest imposition of suggested
retail prices (SRPs) on rice variants to keep prices in check.
Rice prices in the market were seen as one
of the major drivers of the country’s inflation rate this year, which reached a
nine-year high of 6.7 percent in September.
Economic managers have been urging
lawmakers to prioritize the passage of the Rice Tariffication Bill, which will
finally liberalize rice imports in the country. This is expected to lower rice
prices in the market by as much as P6 a kilo.
INDONESIA
2018 RICE OUTPUT SEEN AT 32.4 MLN TONNES, LOWER THEN PVS ESTIMATE
10/22/2018
JAKARTA,
Oct 22 (Reuters) -
* Indonesia's statistic bureau
estimated 32.4 million tonnes of rice production this year, chief economic
minister Darmin Nasution told reporters on Monday.
* It is lower than Agriculture
Ministry estimate earlier this month of 48.3 million tonnes of output in 2018.
* Domestic rice consumption this
year is estimated at 29.6 million tonnes, Nasution said.
* Indonesia has imported 1.8
million tonnes of rice this year. Nasution said no decision has been made yet
on imports next year. (Reporting by Maikel Jefriando, Bernadette Christina
Munthe; editing by David Evans)
Economy in brief: Bulog blames output for low
absorption
The Jakarta Post
Jakarta | Mon, October 22 2018| 03:14 am
State-owned logistics company Bulog has
attributed the decline of its rice absorption to the ending of the harvest
season and the damage to facilities caused by the Central Sulawesi earthquake,
both of which occurred last month.Bulog operations and public service director
Tri Wahyudi Saleh said the end of the rice harvest season signalled reduced
domestic rice output, while the Central Sulawesi ea...
HCM CITY — The southern region estimates that
it will produce more than 26 million tonnes of paddy this year, up 1.1 million
tonnes against last year, meeting its target for the year.
The region, the country’s rice granary, has
planted more than 4.4 million hectares of rice this year, down by 63,500ha
against last year, according to the Ministry of Agriculture and Rural
Development’s (MARD) Plant Cultivation Department.
However, the yield has been 5.95 tonnes per
hectare a crop, up 338 kilogrammes against last year.
Farmers have also shifted many rice areas to
higher-value crops like vegetables and fruits, according to representatives of
the region’s 17 provinces and two major cities (Cần Thơ and HCM City).
Speaking at a seminar held in the Mekong Delta
province of Kiên Giang last week, Nguyễn Chí Thiện, deputy director of the Long
An Province Department of Agriculture and Rural Development, said the province
was reducing the number of rice areas and shifting them to other crops.
This year, about 7,000ha of rice areas were
shifted to fruit tree cultivation in Long An.
The province has developed 94 large rice fields
with a total of 16,538ha this year, meeting 33 per cent of its target, according
to its Department of Agriculture and Rural Development.
The region has been developing large rice
fields to secure outlets and higher profits for farmers, but the rate remains
low, according to MARD’s Plant Cultivation Department.
The department in co-operation with MARD’s
plant protection department has improved food safety and hygiene standards for
export.
This year the rate of certified rice seeds
accounts for 78 per cent of the region’s total sowed seeds.
The region has also used more specialty
fragrant rice and high-quality rice varieties, and most of the rice is now
being planted and harvested with machinery.
Lê Quốc Doanh, Deputy Minister of MARD, said
the southern region’s production of key products like rice, fish and fruit
achieved good results.
In the 2018-19 winter-spring crop, the southern
region will grow 1.65 million hectares of rice, including 1.57 million ha in
the Mekong Delta.
MARD’s departments will give guidance to
localities about planting schedules, disease control, and market demands. – VNS
Bangladesh now fourth largest food grains producer as rice yield
breaks all records
ANISUR RAHMAN KHAN
Bangladesh’s farmers have been
able to produce record amount of rice this year, harvesting around 3.63 crore
metric tonnes of the staple food against the annual demand of 2.91 crore
tonnes, Department of Agriculture Extension (DAE) has said. “Bangladesh has
produced a surplus rice of some 71.79 lakh metric tonnes this year to ensure
the country is a food-sufficient country.
Bangladesh couldn’t produce such a huge amount of rice after its
independence in 1972,” Dr Md Abdus Salam, additional director (extension and
coordination) of the DAE’s field wing, told The Independent yesterday.
With this production, Bangladesh
has become the fourth largest food-grain-producing country, he said, adding
that it would be able to export rice to different rice-consuming countries
after fulfilling the local demand. In 2014, Bangladesh exported around 25,000mt
coarse rice to Sri Lanka. The stocks of food-grains in the country’s government
warehouses now exceed 14.90 lakh metric tonnes.
According to the DAE officials,
Bangladesh has produced some 3.63 crore metric tonnes of rice against the local
demand of 2.91 crore metric tonnes for its 16.64 crore people. During the same
period, it has also produced 11.53 lakh metric tonnes of wheat, 38.93 lakh
tonnes of maize, 1.03 crore tonnes of potatoes, 10.31 lakh tonnes of lentils
(‘dal’), 9.70 lakh tonnes of oilseeds and 1.60 lakh tonnes of vegetables. In
2016, the country could produce only 2.62 lakh tonnes of food-grains locally.
According to the agriculture
ministry and DAE officials, the record amount of food-grains could be produced
becauseof the government’s initiative to grow three to four crops on each
farmland instead of single crops. It has also taken steps to produce salinity-,
drought- and drench-tolerant crops.
Regarding the success in
producing such a huge amount of crops locally, Agriculture Minister Matia
Chowdhury told this correspondent that the government has increased the limit
of incentives, providing supports like supplies of fertilisers, seeds and fuels
to the farmers for growing more crops.
In the past nine years—from the
2009¬–10 fiscal year to the 2017–18 FY, it has given support worth around Tk.
65,447 crore to the farmers as assistance. “More than 2.08 crore farmers have
received such support under the government’s agriculture-friendly programmes.
They have received the support through agriculture assistance cards. Thanks to
such support, food-grain production is increasing in the country”, the minister
added. Agronomist Dr Jahangir Alam, the vice-chancellor of the University of
Global Village, said Bangladesh currently has an annual demand for 2.91 crore
metric tonnes of rice for its 16.64 crore people.
As the country’s farmers are now
producing more and more, the government should now turn its attention to
growing nutritious food-grains to fulfill the people’s demands, he observed.
With
the rice imported from neighbouring India selling at lower prices, the demand
for the local varieties is on the decline, pushing 600 rice mills into closure
in the district, said rice mills owners.
The millers had taken loan of around Tk 500 crore from different banks and
financial institutions for their businesses, but could not repay the loans due
to unwanted fall in demand for local varieties of rice, they said.
Talking to UNB, millers said there were a total of 1,800 rice mills in the
district. Of them, some 600 have already been closed and 300 are facing
shutdown.
Leaders of district Rice Mills Owners’ Association gave a memorandum to the
commerce minister through the deputy commissioner of the district after
organising a press conference in Alupotti area in the district town recently.
At the press conference, the millers disclosed the information and narrated
their sufferings blaming the ‘unnecessary import’ of rice from the neighbouring
country.
The millers urged the authorities concerned to immediately stop rice import to
save the industry.
They also requested the banks and financial institutions to bring down the
interest rate of lending to nine per cent in accordance with the government
decision.
Rafiqul Islam, president of district Rice Mills Owners’ Association, said the
country experienced food shortage due to natural disaster last year.
‘Then the government slashed the rice import duty to only two per cent from 10
per cent, opening up doors for the importers to bring huge quantity of rice,’
he said.
The government set nine per cent bank interest for loans for industries, but
the local banks are still charging 12 to 14 per cent interest from the rice
mill owners, the millers alleged.
Although the farmers across the country have achieved a bumper yield of rice
this year and have been able to stock enough rice, the government is still
continuing rice import from India, said Rafiqul Islam.
As a result, around 80 per cent of rice mills have already been closed here,
causing huge losses to rice mills owners and employees, he said.
‘Rice growers are also incurring losses due to decline in demand for locally
produced rice,’ the leader added.
When contacted, district food officer Md Abdus Salam said the information over
closure of 80 per cent mills was not accurate.
‘Except the automatic rice mills, a section of mill owners do seasonal
businesses and keep their mills closed other time,’ he added.
Trading Office
Hours for Field Time in Louisiana Rice Country
By Asiha Grigsby
CROWLEY, LA -- Earlier this month, I embarked on an ambitious tour
of farms, mills, and co-ops in southern Louisiana with Kane Webb, USA Rice
Louisiana field specialist, as my guide.
The week-long adventure was an educational experience, and with ratoon cutting
season in full swing, there was no shortage of action on and off the field.
My farm tour began in Perry with George Segrera, a third generation
rice and crawfish farmer. George let me
take a ride on a combine while he cut his second crop during a rare sunny
moment in the unseasonably rainy weather.
I also visited with Allen McClain in Abbeville who talked about the
challenges and benefits of rice farming, as well as his experience as a
graduate of the 2016/2018 Rice Development Leadership Class. The Zaunbrecher brothers from Duson gave a
tutorial on their farming methods, and then I toured Christian Richard's
immaculate shop on his farm in Kaplan where he often hosts receptions for USA
Rice-sponsored events.
Mill tours included stops at Falcon Rice and Supreme Rice, both in
Crowley, as well as Farmers Rice Milling Company in Lake Charles. We also made a special detour to visit the
Louisiana State University Rice Research Station where I learned about the facility's
history and the evolution of crop technology.
I also toured the Port of Lake Charles where U.S. rice is currently
being staged and loaded onto vessels headed for Iraq. This is the first of two major shipments that
will be processed in Louisiana providing an economic boost to the state's rice
industry. Rice production and processing
is big business in Louisiana generating annual economic activity of almost $200
million and accounting for thousands of jobs.
The week culminated with the Second Annual Louisiana Rice Ball
hosted by the Louisiana Rice Political Action Committee at the historic Grand
Opera House in Crowley. The event was a
grand celebration with great food, lively music, and special words of gratitude
from Louisiana Commissioner of Agriculture and Forestry Dr. Mike Strain.
I am truly grateful that so many Louisiana members took time out of
their busy schedules to share their expertise with me. I now have a deeper appreciation and
understanding of what it takes to bring the crop from the field to the table
and feel I am even better positioned to represent the industry.
Port of Lake Charles readies shipment to Iraq
USA Rice Daily
81st International Rice Festival
Queen talks about her reign
A big part of the
International Rice Festival is the royalty.
She sat down with the queen to
see what it's like to reign over the oldest and largest agricultural festival
in the state.
Kathryn Shea Duncan is the 81st
International Rice Festival Queen. She was crowned last October and what a year
she has had.
"I was crowned last October
on October 20th at 10 AM. I can remember the exact moments," says
Duncan.
Kathryn's family is fourth
generation rice farmers in Acadia Parish. They are very involved in the rice
industry. Her great aunt was a Junior Rice Festival Queen in 1951.
"I wouldn't say I always
thought I would be the Rice Festival Queen because growing up I was really shy
and timid so I really didn't think that I would be capable of becoming queen,
but I gave it a shot and here we are," adds Duncan.
Since being crowned, Kathryn has
traveled across the country. In her words, she has had the opportunity to
simply "take the crown and run with it."
"I've traveled to over 83
events across the United States this year. I've been to West Virginia for the
USA Rice Millers Association Convention. I went to Washington D.C. for the
Mystic Crew of Louisianians Mardi Gras Ball,” explains Duncan. “I went to San
Antonio for the USA Rice Outlook Conference and then to Winnie for the Texas
Rice Festival."
Reigning along with the
International Rice Festival Queen is the Junior King and Queen.
Each elementary school in Acadia
Parish sends two representatives, a boy and a girl, to the pageant Friday
morning where they compete for the titles.
News Ten reports, "Coming up
Saturday morning, you're going to be crowning your next successor. What would
you say to her?
Duncan says, "I would
definitely tell them stop whatever you're doing. This is a once-in-a-lifetime
opportunity. You will never get this chance again, so seize the moment and do
the most that you can and just enjoy every moment."
Kathryn says through the
interview process for the pageant, which took place this afternoon, the
contestants are questioned on the rice industry and how they will represent the
festival.
Alexander
County Farmer Blake Gerard uses Bayer’s Climate FieldView in his combine to
monitor the rice harvest this fall.
AgriNews photos/Karen
Binder
OLIVE BRANCH, Ill. — Alexander County farmer Blake Gerard has
been driving his combine mostly at 3 mph with this particular rice field. He
likes to ensure the fingers on the reel comb in as much grain possible.
“I’m greedy that way. If it’s there I want it,” Gerard said with
a grin.
He’s closely monitoring the yield, noting the marginal areas
with Bayer’s Climate FieldView for later review.
He started harvesting his rice fields in late September and will
likely stay busy with the task through the end of October. First out of his
fields were the acres of Cahokia Rice, a high-protein rice he’s produced for
wholesale and retail sales.
He’s currently working on long-grain rice for River Bend Rice
and seed rice for Gerard Family Farms.
Rice in 2017 was valued at $2.2 billion, the U.S. Department of
Agriculture reports. The 2018-2019 U.S. rice production forecast was increased
8.6 million hundredweight to 219.5 million hundredweight because of a higher
area estimate and a slightly stronger yield. Production is up 23 percent from a
year earlier.
The four Illinois rice farmers associate themselves with the
Missouri rice industry, just across the Mississippi River. The USDA reported in
September that the harvested area in Missouri is forecast at 219,000 acres, an
increase of 37 percent from a year earlier, with long grain accounting for all
of the increase and the bulk of the state’s rice production.
So Far, So Good
“I’m happy with the Cahokia Rice harvest. It’s not a
high-yielding variety so it was about what we expected,” he said. “Everything
else is falling into place.”
On average, Gerard said long-grain rice yields about 160 bushels
an acre. Good rice is 180 bushels, while 140 bushels is “not good.”
The moisture content tends to fall at 14 percent, but he has
harvested it at 22 percent, depending on conditions. Drying rice is trickier
than other commodity grains because it’s a field-to-table staple requiring
conscientious care not to break the grains. “Otherwise, it goes for dog food,”
Gerard said.
Each rice variety performs differently in the field, beginning
with maturity rates. As with wheat, Gerard keeps a close eye on the flag leaves
and when they begin to yellow.
Post Harvest
After harvest and the fields dry out, they are burned. A chain
harrow is pulled across the fields to knock down the stubble and allowed to dry
a few days. Then they are set on fire.
Rice will not die until a frost. It’s a ratoon crop that it will
propagate from the harvest stubble, and continue to grow rapidly because of the
established root system. In the south where the warm temperatures last longer,
some farmers can get in second rice harvests.
As much as 60 percent of remaining organic matter is destroyed
by the fire, with some fields needing two burns, Gerard said.
This process prepares the fields for the next crop.
Occasionally, a field lends itself to seeding soybeans into the rice stubble,
depending on the rotation. The burning does not disturb the soil’s phosphorous
and nitrogen content and the carbon loss is about the same as tilling.
Gerard prefers burning over tilling for plenty of reasons —
tilling takes six passes instead of one with the chain harrow and tilling
releases more carbon and introduces more oxygen into the soil. Burning also
offers a better view of any erosion issues.
Then when fields need reshaping and the soil moisture is gooey
enough, he gets out the “snake killer.”
“It’s about the craziest looking roller. You use it when there’s
still a little bit of water in the fields, but not too much. Then you see why
it’s called a snake killer,” Gerard said.
The industry name for it is a stubble roller.
Marketing Rice
Depending on the farmer, there are myriad ways to market rice.
For Gerard, some of it is already sold under contract, some is seed rice and
some will be stored until he’s ready to start moving it to the rice mill in
January.
His is generally all sold by July, well before the next year’s
crop.
Girard’s rice goes in several directions — Cahokia Rice to
Missouri for milling, packaging and back to Illinois for cold storage awaiting
wholesale sales. The long-grain rice either goes to River Bend Rice’s facility
in Cairo or to Riceland Foods in New Madrid, Missouri, about an hour south.
“We hope that Cahokia Rice gets large enough that we’ll have our
own mill,” Gerard said.
Until then, he and his staff are exploring wholesale and retail
routes. Exhibiting at the National Restaurant Association show in Chicago has
led to sales to university food services. This includes the University of
Illinois and Illinois State University, and soon, Northwestern University. It’s
an attractive protein option for vegetarian menus, Gerard said.
Also in the coming year will be work to select distributors to help sell and
place the product in retail locations. There’s also another food show where
Gerard will present Cahokia as a wholesale product for rebranding or ingredient
use.
“Luckily with rice, the volume is no problem. We’ve already got
the ability to mill it, handle it and deliver it to the distributor. Now we
just need to see what happens next,” Gerard said.
Karen Binder can be reached at 6418-534-0614 or kbinder@agrinews-pubs.com. Follow her on Twitter at:
@AgNews_Binder.
https://www.tampabay.com/news/We-re-eating-bits-of-plastic-study-finds_172885619Basmati Rice Market 2018 – Outlook 2023, Industry Size, Share, Growth, Analysis
Global Basmati Rice Market assesses the chronicled and current achievement of this market, particularly featuring the key patterns and development opportunities. The Basmati Rice report expects to serve up and coming data alongside fundamental insights associated with the general Basmati Rice market and value estimate over a five-year time frame, from 2018 to 2023. Initially, the Basmati Rice report offers required figures, for example, generation and utilization conjecture with order by type, application, locales, and best players/brands.
This examination report inspects about the global Basmati Rice market status, shares supply-demand investigation, rivalry landscape, Basmati Rice market drivers, challenges and opportunities, SWOT Analysis and Porter’s Five Forces Analysis, deals esteem and volume investigation of various businesses regarding imperative geological areas. An imperative section of this report offers by and global instability that organizations in Basmati Rice market must abstain from accomplishing maintainable development amid the estimate years. It additionally enables the Basmati Rice to report give a bit of knowledge into the opportunities and threats that these organizations may look amid the figure time frame.
Basmati Rice market rivalry by best makers/players, includes Basmati Rice deals volume, Price (USD/Unit), income (Million USD) and market share for every producer/player; the best players including KRBL Limited, Amira Nature Foods, LT Foods, Best Foods, Kohinoor Rice, Aeroplane Rice, Tilda Basmati Rice, Matco Foods, Amar Singh Chawal Wala, Hanuman Rice Mills, Adani Wilmar, HAS Rice Pakistan, Galaxy Rice Mill, Dunar Foods, Sungold
Global Basmati Rice Market Competition by Types:
Indian Basmati Rice Pakistani Basmati Rice Kenya Basmati Rice Other
Global Basmati Rice Market Competition by Applications:
**Asia-Pacific Basmati Rice Market Covers (China, Japan, Korea, India, and Southeast Asia)
**The Middle East and Africa Market Covers (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Purposes of Basmati Rice Market Explore Report: –
— Basmati Rice Market Effect Factor Research.
— Technology Process/Risk Considering Substitute Threat and Technology Progress In Basmati Rice Industry.
— Consumer Needs or What Change Is Recognized in Preference of Customer.
— Who Are Basmati Rice Market Key Manufacturers? Alongside this study, additionally get their Product Details (Type, Application, and Specification).
— What does Overview Basmati Rice Market say? This Overview Includes Diligent Analysis of Scope, Types, Application, Sales by area, manufacturers, types, and applications.
— What Is Basmati Rice Market Competition thinking about Manufacturers, Types, and Application? In light of Thorough Research of Key Factors.
— Basmati Rice Market Manufacturing Cost Analysis – This Analysis is completed by considering prime factors like Key RAW Materials, Price Trends, Market consolidation Rate of Raw Materials, Proportion of Raw Materials and Labor Cost in Manufacturing Cost Structure.
— Political/Economic Change.
— What is Basmati Rice Market pattern (2018-2023) Considering Sales, Revenue for Regions, Types, and Applications?
The following part likewise reveals insight into the hole between supply and utilization. Aside from the made reference to data, a development rate of Basmati Rice market in 2022 is additionally clarified. Furthermore, type astute and application insightful utilization tables and figures of Basmati Rice market are likewise given.
Marketinsightsreports provides “Global Rice Cookers Market” new report to its research database that gives a top to bottom investigation of the market as far as income and developing business sector patterns. The abstract includes business overview, product offering, revenue share, strategies, and service offering of the dominant players.
The history and current state of Rice Cookers market is reviewed and discussed from 2013. An analysis of industry structure, including; sales, market share and the major market drivers, is presented.
Global Rice Cookers market by Top Manufacturers (2018-2025): Midea, Tiger, ZOJIRUSHI, Toshiba, Matsushita, Mitsubishi, Sanyo, Philips, LG.
In the Rice Cookers market research report, following points are included along with in-depth study of each:
Production Analysis – Production of the Rice Cookers is analyzed with respect to different regions, types and applications. Here, price analysis of the various Rice Cookers market key players is also covered.
Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Rice Cookers market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.
Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Rice Cookers market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.
Competitors – In this section, various Rice Cookers industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, gross Margin and revenue.
Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Rice Cookers market, contact information of major manufacturers, suppliers and key consumers is also given.
Rice CookersMarket is segmented based on the Types such as
Electric Rice Cookers Gas Rice Cookers
Further, the Rice CookersMarket is segmented based on the applications such as
With tables and figures examining the Rice Cookers market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.
The Rice Cookers market report also includes New Project Investment Feasibility Analysis that will help to determine whether the project is technically feasible, is feasible within the estimated cost, and will be profitable or not.
There are 15 chapters to deeply display the Global Rice Cookers market:
Chapter 2, to analyze the top manufacturers of Rice Cookers, with sales, revenue, and price of Rice Cookers, in 2017 and 2018.
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2018.
Chapter 4, to show the Global market by regions, with sales, revenue and market share of Rice Cookers, for each region, from 2014 to 2018.
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2014 to 2018.
Chapter 12, Rice Cookers market forecast, by regions, type and application, with sales and revenue, from 2018 to 2025.
Chapter 13, 14 and 15, to describe Rice Cookers sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Contact US:
Irfan Tamboli (Head of Sales)
Market Insights Reports
4893, Pepper drive, Harrisburg ,NC 28075,United States
Rice Milk Market research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The report likewise includes a comprehensive Rice Milk market and vendor landscape in addition to a SWOT analysis of the Rice Milk market key vendors. Thus, the data presented is comprehensive, reliable, and the result of extensive research.
Promising Regions & Countries Mentioned In The Rice Milk Market Report:
North America(United States, Canada and Mexico)
Europe(Germany, France, UK, Russia & Italy)
Asia-Pacific(China, Japan, Korea, India & South-East Asia)
South America(Brazil, Argentina, Colombia)
Middle East & Africa(Saudi Arabia, UAE, EQYPT, Nigeria & South Africa)
About Rice Milk Rice milk is a non-dairy milk, prepared by blending together cooked rice (mostly brown rice), water, rice syrup, sand rice starch. Some product varieties of rice milk also contain sugar, thickening agents, and flavorings.
Market analysts forecast the global rice milk market to grow at a CAGR of 15.47% during the period 2017-2021.
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Global Basmati Rice Market assesses the chronicled and current achievement of this market, particularly featuring the key patterns and development opportunities. The Basmati Rice report expects to serve up and coming data alongside fundamental insights associated with the general Basmati Rice market and value estimate over a five-year time frame, from 2018 to 2023. Initially, the Basmati Rice report offers required figures, for example, generation and utilization conjecture with order by type, application, locales, and best players/brands.
This examination report inspects about the global Basmati Rice market status, shares supply-demand investigation, rivalry landscape, Basmati Rice market drivers, challenges and opportunities, SWOT Analysis and Porter’s Five Forces Analysis, deals esteem and volume investigation of various businesses regarding imperative geological areas. An imperative section of this report offers by and global instability that organizations in Basmati Rice market must abstain from accomplishing maintainable development amid the estimate years. It additionally enables the Basmati Rice to report give a bit of knowledge into the opportunities and threats that these organizations may look amid the figure time frame.
Basmati Rice market rivalry by best makers/players, includes Basmati Rice deals volume, Price (USD/Unit), income (Million USD) and market share for every producer/player; the best players including KRBL Limited, Amira Nature Foods, LT Foods, Best Foods, Kohinoor Rice, Aeroplane Rice, Tilda Basmati Rice, Matco Foods, Amar Singh Chawal Wala, Hanuman Rice Mills, Adani Wilmar, HAS Rice Pakistan, Galaxy Rice Mill, Dunar Foods, Sungold
Global Basmati Rice Market Competition by Types:
Indian Basmati Rice Pakistani Basmati Rice Kenya Basmati Rice Other
Global Basmati Rice Market Competition by Applications:
**Asia-Pacific Basmati Rice Market Covers (China, Japan, Korea, India, and Southeast Asia)
**The Middle East and Africa Market Covers (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Purposes of Basmati Rice Market Explore Report: –
— Basmati Rice Market Effect Factor Research.
— Technology Process/Risk Considering Substitute Threat and Technology Progress In Basmati Rice Industry.
— Consumer Needs or What Change Is Recognized in Preference of Customer.
— Who Are Basmati Rice Market Key Manufacturers? Alongside this study, additionally get their Product Details (Type, Application, and Specification).
— What does Overview Basmati Rice Market say? This Overview Includes Diligent Analysis of Scope, Types, Application, Sales by area, manufacturers, types, and applications.
— What Is Basmati Rice Market Competition thinking about Manufacturers, Types, and Application? In light of Thorough Research of Key Factors.
— Basmati Rice Market Manufacturing Cost Analysis – This Analysis is completed by considering prime factors like Key RAW Materials, Price Trends, Market consolidation Rate of Raw Materials, Proportion of Raw Materials and Labor Cost in Manufacturing Cost Structure.
— Political/Economic Change.
— What is Basmati Rice Market pattern (2018-2023) Considering Sales, Revenue for Regions, Types, and Applications?
The following part likewise reveals insight into the hole between supply and utilization. Aside from the made reference to data, a development rate of Basmati Rice market in 2022 is additionally clarified. Furthermore, type astute and application insightful utilization tables and figures of Basmati Rice market are likewise given.
