GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Rice

The most expensive rice in the world can cost up to $109 per kilogram, with variations in price influenced by factors such as rarity and quality.

With sources from: luxatic.com, kwhl.com, guinnessworldrecords.com, japan-guide.com and many more

Statistic 1

Japan is home to the most varieties of luxury rice, with over 300 unique strains developed for taste and price.

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The retail price of premium rice varieties can be 5 to 20 times higher than common rice varieties.

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The production of the premium rice varieties often involves organic farming practices.

Statistic 4

The limited production scale contributes significantly to the high price of premium rice varieties.

Statistic 5

The majority of the most expensive rice is sold in specialty stores or directly through luxury grocery purveyors.

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Certain premium rice is aged which improves flavor, making them more expensive, like Indian Basmati.

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High-end rice consumption is seen as a status symbol, especially in luxury markets in Asia.

Statistic 8

The packaging of premium rice often intensifies the cost, with some being stored in handcrafted containers.

Statistic 9

The most expensive rice variety globally is 'Kinmemai Premium Rice' from Japan which costs around $109 per kilogram.

Statistic 10

Some premium rice varieties have specific culinary applications, valued for their unique cooking properties.

Statistic 11

The Kinmemai Premium Rice is polished using a traditional method that enhances flavor and nutritional value.

Statistic 12

A 1kg bag of Kinmemai Premium from Toyo Rice Corporation was certified by Guinness World Records as the world's most expensive rice.

Statistic 13

Rice varieties such as Carnaroli rice from Italy can also reach high prices, often used for specific dishes like Risotto.

Statistic 14

The variety that has the second-highest price is the ‘fragrant rice’ from Cambodia, costing about $100 per kilogram.

Statistic 15

Taiwan's 'Yuge' rice is another top contender, which can cost up to $45 per kilogram.

Statistic 16

The cultivation of premium rice varieties is often in limited geographies with specific climates, making them rare.

Statistic 17

Shi-chon-maru rice from South Korea sells for approximately $140 for a 5kg bag.

Statistic 18

In 2020, the market for luxury foods, including premium rice, saw a 10% growth, largely driven by high-end Asian markets.

Statistic 19

The global demand for high-quality and expensive rice is increasing particularly in affluent countries.

Statistic 20

Pricey rice varieties like Kinmemai have high levels of antioxidants compared to regular varieties.

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In this post, we explore the world of luxury rice, where unique strains fetch exorbitant prices and hold a revered status in culinary circles. From Japan’s meticulously crafted premium varieties to Italy’s sought-after Carnaroli rice, we delve into the factors driving up the cost of these elite grains. Join us as we uncover the intriguing statistics behind some of the most expensive rice varieties globally and the growing demand for these high-quality staples.

Statistic 1

"Japan is home to the most varieties of luxury rice, with over 300 unique strains developed for taste and price."

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Statistic 2

"The retail price of premium rice varieties can be 5 to 20 times higher than common rice varieties."

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Statistic 3

"The production of the premium rice varieties often involves organic farming practices."

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Statistic 4

"The limited production scale contributes significantly to the high price of premium rice varieties."

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Statistic 5

"The majority of the most expensive rice is sold in specialty stores or directly through luxury grocery purveyors."

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Statistic 6

"Certain premium rice is aged which improves flavor, making them more expensive, like Indian Basmati."

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Statistic 7

"High-end rice consumption is seen as a status symbol, especially in luxury markets in Asia."

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Statistic 8

"The packaging of premium rice often intensifies the cost, with some being stored in handcrafted containers."

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Statistic 9

"The most expensive rice variety globally is 'Kinmemai Premium Rice' from Japan which costs around $109 per kilogram."

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Statistic 10

"Some premium rice varieties have specific culinary applications, valued for their unique cooking properties."

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Statistic 11

"The Kinmemai Premium Rice is polished using a traditional method that enhances flavor and nutritional value."

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Statistic 12

"A 1kg bag of Kinmemai Premium from Toyo Rice Corporation was certified by Guinness World Records as the world's most expensive rice."

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Statistic 13

"Rice varieties such as Carnaroli rice from Italy can also reach high prices, often used for specific dishes like Risotto."

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Statistic 14

"The variety that has the second-highest price is the ‘fragrant rice’ from Cambodia, costing about $100 per kilogram."

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Statistic 15

"Taiwan's 'Yuge' rice is another top contender, which can cost up to $45 per kilogram."

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Statistic 16

"The cultivation of premium rice varieties is often in limited geographies with specific climates, making them rare."

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Statistic 17

"Shi-chon-maru rice from South Korea sells for approximately $140 for a 5kg bag."

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Statistic 18

"In 2020, the market for luxury foods, including premium rice, saw a 10% growth, largely driven by high-end Asian markets."

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Statistic 19

"The global demand for high-quality and expensive rice is increasing particularly in affluent countries."

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Statistic 20

"Pricey rice varieties like Kinmemai have high levels of antioxidants compared to regular varieties."

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Interpretation

In conclusion, the market for the most expensive rice is driven by a combination of factors, including unique taste profiles, organic farming practices, limited production scales, and luxury packaging. The high prices of premium rice varieties are justified by their distinct culinary applications, aging processes, and the status symbol they represent in luxury markets, particularly in Asia. With global demand on the rise, premium rice such as 'Kinmemai Premium Rice' from Japan, ‘fragrant rice’ from Cambodia, and 'Yuge' rice from Taiwan continue to command top prices, reflecting the increasing appreciation for high-quality, antioxidant-rich rice varieties among affluent consumers worldwide.

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