GITNUX MARKETDATA REPORT 2024

Rice Industry Statistics

The rice industry statistics include data on global production, consumption, trade volumes, and prices of rice.

Statistic 1

"Rice is the primary food for over half of the world's population."

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Statistic 2

"Asia accounts for over 90% of global rice production."

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Statistic 3

"In 2019, the US produced 6.8 million metric tons of rice."

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Statistic 4

"The global rice market is projected to reach $274 billion by 2027."

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Statistic 5

"Approximately 41% of the world’s total rice area of 162 million hectares is found in India and China."

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Statistic 6

"Global per capita rice use has risen from 54 kilograms in 1961 to 57 kilograms in 2017."

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Statistic 7

"Approximately 85% of the rice area worldwide is owned by small farmers who cultivate less than one hectare."

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Statistic 8

"The worldwide harvested area for rice has increased by almost 80% in the last 60 years."

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Statistic 9

"The global yield of milled rice was 4.47 metric tons per hectare in 2019."

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Statistic 10

"In 2019, European Union imported rice valued at approximately 1.5 billion euros."

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Statistic 11

"Japan's self-sufficiency rate for rice was about 95% in 2020."

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Statistic 12

"Rice cultivation covers around 12% of the global cropland area."

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Statistic 13

"The Vietnamese rice industry achieved an export turnover of over $3 billion in 2019."

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