Thai White Rice 5%   :   570 (FOB BANGKOK USD/MT)    |   Thai White Rice 15%   :   550 (FOB BANGKOK USD/MT)    |   Thai White Rice 25%   :   520 (FOB BANGKOK USD/MT)    |   Thai White Rice 100%   :   445 (FOB BANGKOK USD/MT)    |   Vietnam White Rice 5%   :   560 (FOB HCMC USD/MT)    |   Vietnam White Rice 25%   :   540 (FOB HCMC USD/MT)    |   Vietnam White Rice 5451 5%   :   570 (FOB HCMC USD/MT)    |   Vietnam Fragrant Rice 5%   :   595 (FOB HCMC USD/MT)    |   Vietnam Fragrant Broken 100%   :   500 (FOB HCMC USD/MT)    |   Thai Fragrant Broken 100%   :   530 (FOB BANGKOK USD/MT)    |   Myanmar White Rice 5%   :   580 (FOB YANGON USD/MT)    |   Myanmar White Rice 25%   :   560 (FOB YANGON USD/MT)    |   Myanmar White Rice 100%   :   430 (FOB YANGON USD/MT)    |   India Long Grain White Rice 5%   :   600 (FOB MUNDHRA USD/MT)    |   India Medium Grain White Rice 5%   :   590 (FOB KOLKATA USD/MT)    |   Indian Brown Rice Swarna 5%   :   500 (FOB KOLKATA USD/MT)    |   Thai Parboiled Rice 5%   :   630 (FOB BANGKOK USD/MT)    |   Indian Long Grain Parboiled Rice 5%   :   540 (FOB KOLKATA USD/MT)    |   Indian Medium Grain Parboiled Rice 5%   :   525 (FOB KOLKATA USD/MT)    |   Vietnam Long Grain Parboiled Rice 5%   :   600 (FOB HCMC USD/MT)    |   Indian Basmati Rice 5% (1121 Pure)   :   1300 (FOB MUNDHRA USD/MT)    |   Thai Hommali Rice 5%   :   880 (FOB BANGKOK USD/MT)    |   Cambodia Phka Malis Rice 5%   :   820 (FOB SIHANOUKVILLE USD/MT)    |   Thai Glutinous Rice   :   750 (FOB BANGKOK USD/MT)    |   Vietnam Long AN Glutinous 10%   :   650 (FOB HCMC USD/MT)    |   Vietnam AN Giang Glutinous 10%   :   650 (FOB HCMC USD/MT)    |   Vietnam Japonica 5%   :   650 (FOB HCMC USD/MT)    |   Corn India SPOT   :   305 (FOB NHAVA SHEVA USD/MT)    |   Corn Pakistan SPOT   :   220 (FOB KARACHI USD/MT)    |   Robusta Coffee Vietnam   :   3800 (FOB HCMC USD/MT)    |   Black pepper Vietnam   :   4600 (FOB HCMC USD/MT)    |  

Pakistan exports by region

May 23, 2024

Views: 33

    chart_line_1 will be render here

      

    Pakistan Rice Exports by Region: Trends and Key Markets

     

    Pakistan is a major player in the global rice trade, exporting substantial quantities of basmati and non-basmati rice varieties to markets around the world. In the 2023 calendar year, Pakistan's rice exports reached 4.23 million metric tons (MMT), representing the country's second-highest export volume after the record 4.59 MMT achieved in 2022. This impressive performance is even more remarkable considering the challenges faced in the first half of 2023 due to flood-related impacts on the previous crop cycle. However, a strong fourth quarter, driven by robust Asian and African demand, helped Pakistan recover from the early setback.

     

    Regional Breakdown and Highlights

     

    Asia: The Asian market emerged as a pivotal driver of Pakistan's rice exports in 2023, particularly in the fourth quarter. Asian countries accounted for 1.71 MMT of Pakistan's total rice exports for the January-December 2023 period, slightly lower than the 1.78 MMT recorded in the same period in 2022. However, the fourth quarter witnessed a surge in Asian demand, propelling Pakistan's rice sales to the region.

     

    Key Asian markets for Pakistani rice included Malaysia (392,000 metric tons), Indonesia (351,000 metric tons), the Philippines (162,000 metric tons), Afghanistan (199,000 metric tons for white rice and 272,000 metric tons for broken rice), and China (49,000 metric tons for white rice and 89,000 metric tons for broken rice). The rise in demand from Malaysia, Indonesia, and the Philippines was particularly noteworthy, reflecting the region's growing appetite for high-quality Pakistani rice varieties.

     

    Africa: Africa remained a significant market for Pakistani rice exports in 2023, accounting for 1.51 MMT of total exports during the January-December period. While this figure was slightly lower than the 1.58 MMT recorded in the same period in 2022, the fourth quarter of 2023 witnessed a resurgence in African demand, particularly for broken rice.

     

    Major African markets for Pakistani rice included Kenya (341,000 metric tons for white rice and 12,000 metric tons for basmati rice), Tanzania (187,000 metric tons for white rice), Madagascar (136,000 metric tons for white rice), Senegal (178,000 metric tons for broken rice), and Djibouti (108,000 metric tons for broken rice and 22,000 metric tons for parboiled rice). The strong demand for broken rice from African countries like Senegal and Djibouti was a notable highlight in the fourth quarter of 2023.

     

    Europe: Europe emerged as a bright spot for Pakistani rice exports in 2023, with demand for basmati rice driving a 16% increase in exports to the region compared to the same period in 2022. European countries imported 676,000 metric tons of Pakistani basmati rice during the January-December 2023 period, with the United Kingdom (75,000 metric tons), Belgium (52,000 metric tons), Italy (52,000 metric tons), the Netherlands (37,000 metric tons), and Spain (34,000 metric tons) being key markets.

     

    Middle East: The Middle East has traditionally been a significant market for Pakistani rice, particularly for basmati varieties. In the January-December 2023 period, the region accounted for 464,000 metric tons of Pakistani rice exports, slightly lower than the 531,000 metric tons recorded in the same period in 2022. Major Middle Eastern markets included the United Arab Emirates (134,000 metric tons for basmati rice and 69,000 metric tons for white rice), Saudi Arabia (61,000 metric tons for basmati rice and 38,000 metric tons for parboiled rice), Yemen (33,000 metric tons for basmati rice), and Oman (32,000 metric tons for basmati rice).

     

    Americas: While not a major market, the Americas region showed an increase in demand for Pakistani rice in 2023, with exports rising by 53% compared to the same period in 2022. This growth was primarily driven by strong sales to Haiti, which imported 72,000 metric tons of Pakistani white rice during the January-December 2023 period.

     

    Other Regions: Smaller export volumes were recorded for regions like the Former Soviet Union (FSU) and South America, with demand in these markets remaining relatively subdued compared to other regions.

     

    Conclusion

     

    Pakistan's rice exports in 2023 demonstrated the country's resilience and ability to capitalize on global market opportunities. The strong fourth quarter performance, fueled by robust Asian and African demand, played a crucial role in positioning 2023 as Pakistan's second-best export year. As the country continues to enhance its production capabilities and strengthen its competitiveness, the prospects for further growth in rice exports across various regions remain promising.

    Share this